The truth about the Bitcoin Foundation - page 3.

redsn0w

legendary

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#Free market

Quote from: Agestorzrxx on April 05, 2015, 05:47:08 AM

Do we really need Bitcoin Foundation?
As a decentralized currency, a centralized organization is totally inappropriate。

Yes, we need it but they should remember that bitcoin is decentralized .... and their influence should not be so high, because without a large consent their decision be equal to zero.

Quote from: tokeweed on April 05, 2015, 06:41:25 AM

And some of you think Doge is a pump and dump shitcoin... Shame on you... Grin

http://www.reddit.com/r/dogecoin/comments/31gmub/dogecoin_4_bitcoin_the_bitcoin_devs_need_our_help/

EDIT: And yes, Bitcoin is bankrupt in the news incoming...

Dogecoin is only an altcoin, like litecoin and all the others (but their old initiatives are very good).

tokeweed

legendary

Activity: 3976

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Life, Love and Laughter...

And some of you think Doge is a pump and dump shitcoin... Shame on you... Grin

http://www.reddit.com/r/dogecoin/comments/31gmub/dogecoin_4_bitcoin_the_bitcoin_devs_need_our_help/

EDIT: And yes, Bitcoin is bankrupt in the news incoming...

Agestorzrxx

sr. member

Activity: 462

Merit: 250

Do we really need Bitcoin Foundation?
As a decentralized currency, a centralized organization is totally inappropriate。

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

Quote from: HI-TEC99 on April 05, 2015, 05:42:02 AM

Quote from: Denker on April 05, 2015, 05:27:30 AM

Quote from: ABCbits on April 05, 2015, 04:59:33 AM

Aren't they just developers of Bitcoin Core ?

How can they control bitcoin if bitcoin is decentralized currency ?
I think foundation is no needed anymore

They don't control Bitcoin. It's a member association who is collecting money from members and use it to pay some of the devs so that they can focus fulltime on bitcoin. Furthermore they do PR and some lobbying as fas as I know.
It's like Mozilla Corp.

Who decided who gets to be the main devs? The Bitcoin Foundation must have a big influence over them considering it pays them. It might not completely control Bitcoin, but it must have a big influence on the main devs, which gives it a certain amount of control over Bitcoin.

The problem here is that "no one" can real control bitcoin as technology, if tomorrow the "dev team" will release a new update and the large quantity of the miners don't agree with this update .... what will happen? So I don't care about bitcoin foundation, they should work as "volunteers" and not employees.

HI-TEC99

legendary

Activity: 2772

Merit: 2846

Quote from: Denker on April 05, 2015, 05:27:30 AM

Quote from: ABCbits on April 05, 2015, 04:59:33 AM

Aren't they just developers of Bitcoin Core ?

How can they control bitcoin if bitcoin is decentralized currency ?
I think foundation is no needed anymore

They don't control Bitcoin. It's a member association who is collecting money from members and use it to pay some of the devs so that they can focus fulltime on bitcoin. Furthermore they do PR and some lobbying as fas as I know.
It's like Mozilla Corp.

Who decided who gets to be the main devs? The Bitcoin Foundation must have a big influence over them considering it pays them. It might not completely control Bitcoin, but it must have a big influence on the main devs, which gives it a certain amount of control over Bitcoin.

Denker

legendary

Activity: 1442

Merit: 1016

Quote from: ABCbits on April 05, 2015, 04:59:33 AM

Aren't they just developers of Bitcoin Core ?

How can they control bitcoin if bitcoin is decentralized currency ?
I think foundation is no needed anymore

They don't control Bitcoin. It's a member association who is collecting money from members and use it to pay some of the devs so that they can focus fulltime on bitcoin. Furthermore they do PR and some lobbying as fas as I know.
It's like Mozilla Corp.

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

Aren't they just developers of Bitcoin Core ?

How can they control bitcoin if bitcoin is decentralized currency ?
I think foundation is no needed anymore

WhatTheGox

legendary

Activity: 812

Merit: 1000

Quote from: Undermood on April 05, 2015, 12:32:22 AM

Wa probably this is the reasons why the price plummets recently!

no i think thats just to do with china miners dumping all last year.

ed_teech

hero member

Activity: 508

Merit: 500

Jahaha

How much money do the core devs make from the foundation ?

Gleb Gamow

vip

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Olivier Janssens. I love this guy!

Patrick Murck: Blame Vod!

chmod755

legendary

Activity: 1554

Merit: 1021

Quote from: Q7 on April 05, 2015, 12:52:34 AM

no organization or anyone for that matter should claim to have control over bitcoin in the first place.

They don't claim to have control over bitcoin. That's just what O. Janssens claims

Q7

sr. member

Activity: 448

Merit: 250

I don't why the concept of foundation exist in the first place. If we are so firm on decentralization, should it be that no organization or anyone for that matter should claim to have control over bitcoin in the first place.

amiryaqot

legendary

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so new twist will about to come soon about bitcoin with new kind of troll with bitcoin foundation inside story, i think that is just one sided story many more thing will about to come out.

Undermood

legendary

Activity: 950

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Wa probably this is the reasons why the price plummets recently!

coinableS

legendary

Activity: 1442

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A lot of drama going on right now with the foundation...

Quote

Olivier I'm not going to respond to your trolling and false accusations. Enjoy your moment in the spotlight.

Searing

copper member

Activity: 2898

Merit: 1465

Clueless!

Quote from: crypto01 on April 04, 2015, 11:49:23 AM

https://bitcoinfoundation.org/forum/index.php?/topic/1284-the-truth-about-the-bitcoin-foundation

power corrupts...you need some kinda rules/setup to tweak the bitcoin core...and perhaps pay for coders etc.....not sure ...how does it work for linux stuff?

no idea ...but does not bode well if there is not someway to 'herd the cats' on how to do improvements in code at least ....so some kinda fix i guess is needed.

just another bad result from bitcoin price 'tanking' 2/3 in price from jan or so

crypto01

newbie

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https://bitcoinfoundation.org/forum/index.php?/topic/1284-the-truth-about-the-bitcoin-foundation

Topic: The truth about the Bitcoin Foundation - page 3. (Read 2998 times)