Topic: My Thoughts on the Bitcoin Foundation (Read 1773 times)

The Foundation's Response https://www.reddit.com/r/Bitcoin/comments/3zbswe/bitcoin_foundation_where_did_all_the_money_go/

Wrong. I've been to a few of those events and the only people there are already dedicated bitcoiners because they want you to sell your house to pay the entrance fee. It's not worth having them around.

I do not agree with you, we really need bitcoin foundation, this will allow everyone to know about bitcoin, because bitcoin foundation will easily hold big events related to bitcoin.

The fundation is going to die due to low adoption. This forum have high adoption,but sadly mostly because people get paid to post.

I think we really need the " new forum" now, and it have to be something stunning. But I also fear that the money for the new forum got lost much time ago, so we can only hope for something different and better. An alt-forum

Change one of the pics to the one above, then it's golden. 

Thoughts are now on Let's Talk Bitcoin

https://letstalkbitcoin.com/blog/post/how-to-save-or-destroy-the-bitcoin-foundation

An info site could be set up and maintained by this forum using donated or advertising money to do it instead of wasting the money on this "new forum" I've been hearing about for two plus years.

i 99.999% agree with you.. but then noobs and interested people end up having to rely on google for misinformation or this forum/reddit for trolling.. i still think that there needs to be a go-to place for information and idea's beyond what this forum can offer.. but yes without any circle jerking office workers with glittery name badges.
im not interested in any 'authority' or 'governing' but just a resource for people to then get signposted in the direction of whatever bitcoin interests they have, where the users are in control of what they do or dont do

Ok, interesting. I always found it odd that the original group who created a decentralized system immediately decided to make a centralized body to oversee it. It seemed contrary to the initial technology. I found myself somewhat boggled when I learned about the nature of bitcoin and then found out there was a foundation. A centralized authority is always subject to being taken over and corrupted. And that was exactly what happened.

Let's take this decentralized freedom money designed to destabilize the banking industry and government control and place it in the hands of a few manipulators to control for their own gain. A rose by any other name would smell like The Bitcoin Foundation.

No one needs to promote Bitcoin other than those businesses that are making money using it. There does not need to be a central organization by any name that can be attacked by governments. If you're using Bitcoin for illegal onion network trafficking then you deal with the advertising and ramifications for that kind of business. If you're using Bitcoin to run a legal currency exchange in your country then you deal with the licensing and advertisement for that kind of business.

Bitcoin doesn't need its own version of NACHA (the electronic payments organization). Regardless of what kind of cornysortum, foundation, fan club or knitting circle you set up it will be inadequate in at least half of the countries of the world that we hope Bitcoin will be used. The Bitcoin Foundation did perform one very important function. It showed what a bullshit idea and collective circle jerk Bitcoin organizations become.

Rumor has it that it was started by a non-paid coder holding tons of bitcoins who devised a unique way to get paid for his coding, then a bright lawyer came along offering up his services for virtually equal pay as the once non-paid coder so to make it look legal and all so to garner thousands of paying members so that others in the org would also get paid for their transparent services, including at least one of the team offering up a million-dollar party in Amsterdam to celebrate the noble creation, charging a fee to any others who wanted to attend and hear people speak, or watch them roll over and play fetch.

agreed, though edited to get the right terminology (crypto is such old school word for blockchain)

I say let them fade into insignificance. Why they were ever created is beyond me.

I added a couple things.

They should get legit people like Andreas and Trace Mayers, but then again, those people are former members of the foundation, which ultimately makes it impossible that they would come back again, so you would need to find new talent, and then make all the money movements that go in and out of the foundation transparent int the blockchain.

im talking about something that is more then just this troll forum.

something more professional that actually has proper content and organization where people dont need to google about bitcoin because everything is available to be found in the consortium. (coinsortium)
like business listings where people can easily find the so called 120,000 bitcoin accepting business
like tutorials, where each bitcoin client (multibit, bitcoin core, etc) have guides on how to use it (especially backing up privkeys and the importance for noobs to do it)
like courses that teach you how to code bitcoin.. whether its c++ bitcoin-core code or other projects like Nbitcoin which can be used with many programming languages
like job listings
like ATM locations
like bitcoin statistics
like crowdfunding
like project development

basically everything related to blockchain technology

for instance, many people on this forum ask "how to earn bitcoin".. this forum has several dozens topics asking this. and 90% of responses are to raid faucets and do sig campaigns..
thats stupid and the equivalent to going to an employment centre and they tell you to go begging on the street for pennies or stand on the street holding up someones advertisement.. you know.. not a real way to earn money

by having a more professional go-to place that has proper job listings, and listings of drop-shippers/manufacturers that accept bitcoin, it can easily be shown how people can set up businesses or get interviewed for proper jobs

and having all of it available in multiple native languages for international use, not just the yanks

Are you talking about the new forum that theymos promised will be released soon?  

While ridin' a white alpaca to the seven corners of the globe.

lol you do make me laugh.

im sure the OP can collect fnds after the audit from the crumbs left behind that brock forgot to raid

but on a separate note
i thought you would be more concerned that any downvoting (due to offtopic) would mean your gleb pseudonym would eventually get banned from coinsortium, where as your Phineas Gage pseudonym will get all the glory for all the community projects it proposes