Topic: THE PROBLEM IN CHINA IS THE BITCOIN FOUNDATIONS FAULT - page 2. (Read 5377 times)

The foundation is just a private organization. Nobody is forced to support them. Stop whining and start your own foundation if you think there is some need for!

They are at least supporting Bitcoin. What did all the whiners here to support bitcoin?

Isn't that the job of the developers?

Did baidu misinterpret the news also? Because baidu was one of the main factors that the price has skyrocketed.

there is no problem in china, the only problem is so many people misinterpret the news.

I can understand some of the criticism for bitcoin foundation but asking from them to lobby every government out there i think is little to much 

http://siliconangle.com/blog/2013/12/08/bitcoin-china-meaning/?angle=silicon

That's correct. This is our revenge for years of Chinese steel and every product sold at Walmart.

China is understood !!!

U.S give most BTC to China and takes most real money of the Chinese people. Give nothing for real money !!!
It is tactical general impoverishment of China.

Check this, 99% transaction U.S and China !!! Chinese real money (yuan) go to U.S wallets.
http://fiatleak.com/

Tell me how many times does reasoning work with people panicking? Probably only when you start hitting them in the head.
I can see the whole picture  , somebody purchasing far more bitcoin than he could afford and screaming now seeing that he lost money instead of having enough for a yacht.

no matter. the only friend that north korea has is china.. there are diplomatic ties between the two. dennis rodman can save us.

Hahaha this made me laugh but sorry it was in North Korea!

I'm not educated enough on the issue to really say one thing or another, and certainly China and the way the government works or makes quick decisions can sometimes be really hard to fully understand.  

I do wonder though what kind of impact this will have on the expansion of businesses in China accepting bitcoin. If finincal institutions aren't/can't get too involved it could really put a road block on more businesses accepting bitcoin, especially considering how many businesses in China have direct connections to the government,  no ?

Both Baidu and China Telecom back tracking and choosing not to accept bitcoin certainly casts a negative light on things in my opionon. Is it an indicator that other large companies with close ties to the governmetn are now going to have the same viewpoint in regards to bitcoin.  Such a shame too, I was considering buying a smartphone through China Telecom when they announced people could pay with bitcoin .

Bitcoin Foundation has better shit to do!!!

focus on the Bitcoin Protocol and improving the f*******ing client !!!  make the network secure!!!!  they do all of this and more and don't ask for much.

if you ask me the "problem" in china is not a problem only a misunderstanding in translation igniting an already panicked atmosphere,===

+1


BITcoin is NOT USAcoin

The foundation should actively protect bitcoin in:

China, USA and Europe, not only USA.

I have to agree with others, I don't see how some random foreigners would be able to fly to beijing and meet with government leaders and have any real impact on how the government chooses to manage it's own financial situations in China.

Unless your someone really important like a high ranking government offical from America, I would have to assume you can't just book a flight to Beijing and start hanging out with government officials who would have much influence in this type of decision making.

With that said, the OP does make an interesting point that maybe the Bitcoin foundation should work on building closer connections in other countries. Not sure how realistic that is but it certainly wouldn't hurt I don't think.

In china everything tends to come down to something called 关系 (connection/relationship). It can be quite hard to get the 关系 needed in China to have influence on government matters like that, especially if you aren't Chinese.  Probalby wouldn't hurt though for the bitcoin foundation to reach out to some of the leaders in the bitcoin community in China and start building some relationships.


edit: It's also worth pointing out it was the US Government that held the meeting and invited the bitcoin foundation and other people. It's not like the bitcoin foundation reached out to congress and had a metting set up.

One of the CPC's goals is to stay in power.

If someone doesn't give them a majority of bitcoins, then they would not be satisfied. Even the litecoin founder got scammed big time. I wouldn't be surprised if there is a warrant out for him.

I agree. I thought the point of bitcoin was to replace the fiat/fractional-reserve financial system, not be integrated into it. So why are people worried that Chinese financial institutions cannot be involved in bitcoin? This is not a bad thing.

kissing a politician on the ass is the same as kissing them on their mouth. you are putting your lips where a lot of shit comes out of.

You asked "The kissing of American bureaucratic ass gained us what exactly?"
If not kissing American bureaucratic ass, we could ignore them, but what would be the point ?

Please provide the link of us being hostile to China. Did a representative from China ask for TBF to come to Beijing and make a presentation?