The truth about the BFL 1000 BTC fund?

Bicknellski

hero member

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Quote from: Xian01 on November 17, 2013, 08:18:50 AM

Quote from: Matthew N. Wright on June 14, 2013, 10:24:27 PM

I would like to reiterate that the topic here is the fund, not the business or Inaba's personality).

... But Zerlan's personality and arrogant behavior is getting in the way of, and cheapening the entire premise of their "fund"

You can't have a discussion about the fund, and not discuss Josh's deplorable behavior, based on the comments you yourself have posted from him.

Is it time for the why are we waiting song?

Xian01

legendary

Activity: 1652

Merit: 1067

Christian Antkow

Quote from: Matthew N. Wright on June 14, 2013, 10:24:27 PM

I would like to reiterate that the topic here is the fund, not the business or Inaba's personality).

... But Zerlan's personality and arrogant behavior is getting in the way of, and cheapening the entire premise of their "fund"

You can't have a discussion about the fund, and not discuss Josh's deplorable behavior, based on the comments you yourself have posted from him.

charleshoskinson

legendary

Activity: 1134

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CEO of IOHK

You expect BFL to be involved in anything other than misery, lies, damage to the community and bitter insults? This is yet another house of cards built to attempt to avoid the inevitable faith of all snake oil salesmen.

Bicknellski

hero member

Activity: 924

Merit: 1000

Update?

mindtomatter

sr. member

Activity: 434

Merit: 254

Editor-in-Chief of Let's Talk Bitcoin!

I wanted to update:
I know of at least three people (Myself, Stephanie Murphy and Teresa Warmke) who have all send one or more emails to be considered for the "charity selection board", and none of us received any response in the last month.

I'm not exactly sure what kind of operation they have, but they don't seem to be seriously looking for board members.

charleshoskinson

legendary

Activity: 1134

Merit: 1008

CEO of IOHK

Quote

We have been calling and explaining bitcoin to a number of charities and trying to get them on board. It's not exactly a quick or easy process.

If you've got some, by all means, submit them and we'll review them and/or add them as appropriate. The BitcoinDF site is not finished, but we did want to get something up to move things forward. That's why it was labeled as a sneak peek.

And it has now been revealed that Josh has no intention of making the donation process transparent nor will donate to any entity that has called BFL's business practices into question. Again BFL makes a good thing bad. Thanks Josh for never letting my low opinion of you down.

Syke

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Quote from: Maged on June 16, 2013, 09:26:16 PM

I just did some spot-checking, and it appears that funds are being donated. For example, this donation to CGminer:
https://blockchain.info/tx/73de8b19a222450f3c5a69c7eb5804cdd3e24a1081c88f7870dff30d06ceac84

Is there any dispute that these donations are being made? Is there any dispute that the recipients of these donations are entities independent of BFL?

My reference: http://www.bitcoindf.org/

So they're paying contractors to develop software for their hardware. How is that a "donation to charity"?

mindtomatter

sr. member

Activity: 434

Merit: 254

Editor-in-Chief of Let's Talk Bitcoin!

Quote from: ?? on ??

Quote from: mindtomatter on June 17, 2013, 12:07:44 AM

Hey Josh,
When are you planning on forming the board?

Why is there so much interest in how they give away their own coin? Was their some detail in the bet/pledge that I missed that said Josh had to ask the Internet who to give it to?

Because on the front page of bitcoindf.org it currently says this

Quote

If you would like to donate or become a member of our charity selection board, please email [email protected] or send BTC to 1ERVh27gZfPSDaaagL9R3W12xpMJ38ZBA7.

Rassah

legendary

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Quote from: QuestionAuthority on June 16, 2013, 11:49:09 PM

You could fund Bitcoin100 for quite a while with that large a donation.

They could, but I would rather have them donate money to actual Bitcoin related projects, instead of general charities. There are a lot of starving software developers out there Grin

FloridaBear

full member

Activity: 260

Merit: 100

Quote from: El Cabron on June 16, 2013, 11:48:42 PM

Quote from: charleshoskinson on June 16, 2013, 11:44:12 PM

Quote

We have been calling and explaining bitcoin to a number of charities and trying to get them on board. It's not exactly a quick or easy process.

If you've got some, by all means, submit them and we'll review them and/or add them as appropriate. The BitcoinDF site is not finished, but we did want to get something up to move things forward. That's why it was labeled as a sneak peek.

Thank you Josh for donating ~~1,000~~ 291 bitcoins on behalf of BFL to charities and open sourced projects. I'm glad BFL has decided to honor its commitments and run an internal foundation.

Could you clarify how BDF selects organizations to receive donations?

I also think that this is the right thing to do and I am glad you are (so far) giving to Bitcoin related projects. $100,000 more invested can't hurt BTC:)

FTFY.

MooC Tals

hero member

Activity: 644

Merit: 500

This just stinks to high heaven.

I could care less what BFL does from here on as I have seen enough to make me sick.

Thats it!! Gather around and suck some more balls.

You all make me sick.

mindtomatter

sr. member

Activity: 434

Merit: 254

Editor-in-Chief of Let's Talk Bitcoin!

Quote from: Inaba on June 16, 2013, 11:23:24 PM

We have been calling and explaining bitcoin to a number of charities and trying to get them on board. It's not exactly a quick or easy process.

If you've got some, by all means, submit them and we'll review them and/or add them as appropriate. The BitcoinDF site is not finished, but we did want to get something up to move things forward. That's why it was labeled as a sneak peek.

Quote from: mindtomatter on June 15, 2013, 01:25:53 PM

I don't have a dog in this fight, so I've applied to be on the charity selection board.

Quote

Hi there,
Kudos on the fund - This is a great idea and probably the best way BFL could have fulfilled their promise given the values at stake. I think I would be a good addition to your selection board as I have visibility within the community, a reputation for being fair, reality based, and comprehensive, and I sequester my personal ideology from merit based decision-making.

Let me know if you'd like to set up a time to talk about this, I look forward to your response.

I sincerely hope the guy you quoted in the original post isn't the one picking charities, if this is governed by a real board it could be very helpful.

Hey Josh,
When are you planning on forming the board?

smiley35

newbie

Activity: 33

Merit: 0

Quote from: Raize on June 16, 2013, 10:38:03 PM

Quote from: smiley35 on June 16, 2013, 09:54:12 PM

How is theymos profiting as a mod? do mods get $$ for advertising? how does this work?

theymos is an admin, he helps keep the forums up and does other tasks as necessary. The moderators do the bulk of the moving of topics and such, and theymos makes changes to the forum to help support them. They receive advertising revenue based on the amount of work they are doing. It's not a huge amount of money, in case you're concerned.

I'm not concerned, just trying to understand how moderation on reddit works, does he pick the adds that go up, is he paid directly?

QuestionAuthority

legendary

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You lead and I'll watch you walk away.

You could fund Bitcoin100 for quite a while with that large a donation.

El Cabron

vip

Activity: 840

Merit: 1000

Quote from: charleshoskinson on June 16, 2013, 11:44:12 PM

Quote

We have been calling and explaining bitcoin to a number of charities and trying to get them on board. It's not exactly a quick or easy process.

If you've got some, by all means, submit them and we'll review them and/or add them as appropriate. The BitcoinDF site is not finished, but we did want to get something up to move things forward. That's why it was labeled as a sneak peek.

Thank you Josh for donating 1,000 bitcoins on behalf of BFL to charities and open sourced projects. I'm glad BFL has decided to honor its commitments and run an internal foundation.

Could you clarify how BDF selects organizations to receive donations?

I also think that this is the right thing to do and I am glad you are (so far) giving to Bitcoin related projects. $100,000 more invested can't hurt BTC:)

charleshoskinson

legendary

Activity: 1134

Merit: 1008

CEO of IOHK

Quote

We have been calling and explaining bitcoin to a number of charities and trying to get them on board. It's not exactly a quick or easy process.

If you've got some, by all means, submit them and we'll review them and/or add them as appropriate. The BitcoinDF site is not finished, but we did want to get something up to move things forward. That's why it was labeled as a sneak peek.

Thank you Josh for donating 1,000 bitcoins on behalf of BFL to charities and open sourced projects. I'm glad BFL has decided to honor its commitments and run an internal foundation.

Could you clarify how BDF selects organizations to receive donations?

Inaba

legendary

Activity: 1260

Merit: 1000

We have been calling and explaining bitcoin to a number of charities and trying to get them on board. It's not exactly a quick or easy process.

If you've got some, by all means, submit them and we'll review them and/or add them as appropriate. The BitcoinDF site is not finished, but we did want to get something up to move things forward. That's why it was labeled as a sneak peek.

Raize

donator

Activity: 1419

Merit: 1015

Quote from: smiley35 on June 16, 2013, 09:54:12 PM

How is theymos profiting as a mod? do mods get $$ for advertising? how does this work?

theymos is an admin, he helps keep the forums up and does other tasks as necessary. The moderators do the bulk of the moving of topics and such, and theymos makes changes to the forum to help support them. They receive advertising revenue based on the amount of work they are doing. It's not a huge amount of money, in case you're concerned.

smiley35

newbie

Activity: 33

Merit: 0

How is theymos profiting as a mod? do mods get $$ for advertising? how does this work?

Maged

legendary

Activity: 1204

Merit: 1015

I just did some spot-checking, and it appears that funds are being donated. For example, this donation to CGminer:
https://blockchain.info/tx/73de8b19a222450f3c5a69c7eb5804cdd3e24a1081c88f7870dff30d06ceac84

Is there any dispute that these donations are being made? Is there any dispute that the recipients of these donations are entities independent of BFL?

My reference: http://www.bitcoindf.org/

Topic: The truth about the BFL 1000 BTC fund? (Read 6472 times)