Topic: TwoBitIdiots backs away from revealing the damaging documents about TBF - page 2. (Read 3442 times)
March 11, 2014, 12:55:09 AM
BTCLOL
March 10, 2014, 01:15:07 PM
What do you believe must be done?
Everyone is so prejudiced against him, everyone is ready to pounce on each other now days for about anything.
When people forget the meaning of blind love, they slowly corrupt themselves.
He has more information on the laws governing the universe than he is ready to even think about.
He says if the world can seduce him back to rise, he won't be able to resist love.
When you're ready to care for him as if he were your son, then maybe you would understand if our earth going boom or bust!!
Everyone is so prejudiced against him, everyone is ready to pounce on each other now days for about anything.
When people forget the meaning of blind love, they slowly corrupt themselves.
He has more information on the laws governing the universe than he is ready to even think about.
He says if the world can seduce him back to rise, he won't be able to resist love.
When you're ready to care for him as if he were your son, then maybe you would understand if our earth going boom or bust!!
March 10, 2014, 01:00:38 PM
They paid him off. It's good to see corruption is alive and well.
March 10, 2014, 12:21:30 PM
Apparently this guy is doing an interview with the real Satoshi tomorrow as well, how do so many idiots get into prominent positions in the bitcoin community?
March 10, 2014, 12:05:49 PM
While my accusations on Friday were 100% truthful,
However, the likely damage in public perception to this class of technology could put it back 5~10 years,
At the risk of appearing hyperbolic, this could be the end of Bitcoin, at least for most of the public.
BTCt2stupid
However, the likely damage in public perception to this class of technology could put it back 5~10 years,
BTCt2stupid
March 10, 2014, 11:52:28 AM
I know it can be hard to listen to someone who starts his posts by calling the reader an idiot, but we should look at the content of his criticisms. I like to try remaining open to opinions different than mine so I have read his post at BF.
Some of his issues are misunderstanding the goals of the foundation. That is understandable since the foundation could involve itself in all sorts of things. For example, the BF did not warn people about trading at Gox (or any exchange). They are not a consumer protection group.
Other claims were more vague and hinted at some type of corruption. However there was never a specific assertion or accusation. For example, "Some Foundation board members may have had direct access to Mark Karpeles which allowed them to personally deposit and withdraw funds..." Well, "may have" renders this claim pointless because it implies that this is no more than a hunch.
I would address any concerns TBI has and try to explain my understanding of the BF's positions if he's interested. Maybe working together we could come up with better ideas about how to operate?
TBI's BF post:
https://bitcoinfoundation.org/forum/index.php?/topic/803-open-letter-to-peter-vessenes-and-jon-matonis-to-resign-their-board-seats/
Some of his issues are misunderstanding the goals of the foundation. That is understandable since the foundation could involve itself in all sorts of things. For example, the BF did not warn people about trading at Gox (or any exchange). They are not a consumer protection group.
Other claims were more vague and hinted at some type of corruption. However there was never a specific assertion or accusation. For example, "Some Foundation board members may have had direct access to Mark Karpeles which allowed them to personally deposit and withdraw funds..." Well, "may have" renders this claim pointless because it implies that this is no more than a hunch.
I would address any concerns TBI has and try to explain my understanding of the BF's positions if he's interested. Maybe working together we could come up with better ideas about how to operate?
TBI's BF post:
https://bitcoinfoundation.org/forum/index.php?/topic/803-open-letter-to-peter-vessenes-and-jon-matonis-to-resign-their-board-seats/
March 10, 2014, 11:25:07 AM
And if you want to threaten someone with "resign or I publish", you do it privately.
Maybe I do not appreciate human ego, but it is difficult for me to imagine that TBI could really expect that the directors from TBF he singled out would just resign from TBF upon publication of his blog post.
And the problem with confronting them privately is that probably he does not know them and they would likely ignore his threatening emails.
anyway, it looks said and not a way to go. He could make his portfolio known to respected members of the community and ask them to take action.
If there are any damaging documents at all ...
March 10, 2014, 11:20:38 AM
OP please press the edit button of the first post and change the title to '.. backs away from.."
Agreed "Backs Up" could easily be misinterpreted.
Lol, done, thx. Bloody prepositions
March 10, 2014, 11:04:07 AM
OP please press the edit button of the first post and change the title to '.. backs away from.."
Agreed "Backs Up" could easily be misinterpreted.
March 10, 2014, 10:56:21 AM
OP please press the edit button of the first post and change the title to '.. backs away from.."
March 10, 2014, 10:35:58 AM
That is certainly one way to set your credibility on fire. 
I'm bummed too because I was waiting for the fireworks today. 
So either it was completely made up by TBI, which means he's a liar or it's true and the corruption just continues, which means TBI has no integrity. Either way, this is one of the biggest fails I've ever seen.
I'm bummed too because I was waiting for the fireworks today. So either it was completely made up by TBI, which means he's a liar or it's true and the corruption just continues, which means TBI has no integrity. Either way, this is one of the biggest fails I've ever seen. 
March 10, 2014, 07:09:11 AM
So not only is he an attention whore, but he's not even got the balls to follow through.
Pathetic, he should really never bother to blog again after this.
Pathetic, he should really never bother to blog again after this.
March 10, 2014, 07:06:06 AM
Every time this guy writes a blog post he goes down in my estimation. Which is a pity cos (a) he writes them often, and (b) he gets fed some interesting information which should be in the public domain. If only he learnt to present it more objectively, it could be a really useful resource and he could actually become the Woodward and Bernstien he so longingly wishes to be thought of as.
For all our sakes Ryan, do some reading on editorial impartiality. Reach out and partner with an experienced journalist. Lots would willingly help to share your sources. Separate your revelation of facts from your opinion pieces. It will do your credibility a world of good.
And if you want to threaten someone with "resign or I publish", you do it privately. - You can't polish a turd Ryan. No offence, but that rookie error has made you look like a right toothless Muppet, much to the satisfaction of your numerous detractors. Pity.
For all our sakes Ryan, do some reading on editorial impartiality. Reach out and partner with an experienced journalist. Lots would willingly help to share your sources. Separate your revelation of facts from your opinion pieces. It will do your credibility a world of good.
And if you want to threaten someone with "resign or I publish", you do it privately. - You can't polish a turd Ryan. No offence, but that rookie error has made you look like a right toothless Muppet, much to the satisfaction of your numerous detractors. Pity.
I think many felt like me when he first "broke the news" about having something friday. I felt this was nothing but an attempt to blackmail. I also felt the way he was presenting it, up to going to the big named yuck networks was going to do nothing but harm the image of bitcoin more.
I was along the lines that if the info was that damning he had to just release it. Release it to the community and let the chips fall as they would. Whoring himself to the media was a bad option, and if he cared about BTC he would not do this.
March 10, 2014, 04:43:56 AM
Every time this guy writes a blog post he goes down in my estimation. Which is a pity cos (a) he writes them often, and (b) he gets fed some interesting information which should be in the public domain. If only he learnt to present it more objectively, it could be a really useful resource and he could actually become the Woodward and Bernstien he so longingly wishes to be thought of as.
For all our sakes Ryan, do some reading on editorial impartiality. Reach out and partner with an experienced journalist. Lots would willingly help to share your sources. Separate your revelation of facts from your opinion pieces. It will do your credibility a world of good.
And if you want to threaten someone with "resign or I publish", you do it privately. - You can't polish a turd Ryan. No offence, but that rookie error has made you look like a right toothless Muppet, much to the satisfaction of your numerous detractors. Pity.
For all our sakes Ryan, do some reading on editorial impartiality. Reach out and partner with an experienced journalist. Lots would willingly help to share your sources. Separate your revelation of facts from your opinion pieces. It will do your credibility a world of good.
And if you want to threaten someone with "resign or I publish", you do it privately. - You can't polish a turd Ryan. No offence, but that rookie error has made you look like a right toothless Muppet, much to the satisfaction of your numerous detractors. Pity.
March 10, 2014, 01:21:39 AM
While my accusations on Friday were 100% truthful, I now see that I have overplayed my hand. Rather than go all-in with a losing hand, I’m mucking my cards. I never anticipated this degree of backlash from within the community. As such, any further efforts to publicly push for resignations are not well-focused, and I plan to turn down the rhetoric.
LOL lol? LOL hmmmmm...
He's not even worth 1 bit.
LOL lol? LOL hmmmmm...
He's not even worth 1 bit.
March 10, 2014, 01:16:52 AM
[http://two-bit-idiot.tumblr.com/post/79070783038/concession assist]
"The Two-Bit Idiot
I'm an entrepreneur and former VC who makes the business case for #Bitcoin on its journey from speculative investment to world-changing utility. Truth-teller.
You can sign up for my daily bitcoin news digest, the "Daily Bit" by visiting: http://eepurl.com/JgGy5
Concession
Dear Idiots,
I’m not going to bury the lead; I am not publishing the article tomorrow that I said I was going to on Friday.
In fact, I never intended to (not yet anyway), and I certainly never intended to loop in the main-stream media so that they could pile on to our fledgling community. I simply hoped that a deadline would pressure Jon and Peter to resign quickly (and appropriately).
While my accusations on Friday were 100% truthful, I now see that I have overplayed my hand. Rather than go all-in with a losing hand, I’m mucking my cards. I never anticipated this degree of backlash from within the community. As such, any further efforts to publicly push for resignations are not well-focused, and I plan to turn down the rhetoric.
On the other hand, I’ll reiterate that while my hyperbolic tone was poor and regrettable, I continue to believe that the Bitcoin Foundation in its current incarnation is significantly damaged, and that Peter Vessenes and Jon Matonis should resign. But it may be better to let the Foundation die a slow, quiet death than to organize a public execution.
I consider myself a Bitcoin entrepreneur first and foremost, and I think that a public spectacle would just provide ammunition for Bitcoin’s formidable external foes. Better to let the community purge itself.
There are many reasons I took the course of action that I did, but as my unorthodox strategy ultimately proved unproductive, I’ll bow out of the conversation with respect to the Bitcoin Foundation without explanations or defensiveness.
I’m sure I’ll be eating humble pie and ramen while I try to rebuild some of my damaged relationships.
I tried something risky. It blew up in my face. That’s ok; I’ll take my medicine.
Looking forward to getting back to my regular boring Daily Bits tomorrow.
Cheers,
TBI
________________________________
Why do you seek out and uncover the wrongs if you don't plan on reporting it? ... oh yeah so you could profit from the info.
This is the same guy that admitted to insider trading in the same breath he used to accused others of their wrong doings.
Now he's backing out of a contract he made with himself. hahahaha Keep this up you'll earn that seat on the Btc board. hahahahahaha
"The Two-Bit Idiot
I'm an entrepreneur and former VC who makes the business case for #Bitcoin on its journey from speculative investment to world-changing utility. Truth-teller.
You can sign up for my daily bitcoin news digest, the "Daily Bit" by visiting: http://eepurl.com/JgGy5
Concession
Dear Idiots,
I’m not going to bury the lead; I am not publishing the article tomorrow that I said I was going to on Friday.
In fact, I never intended to (not yet anyway), and I certainly never intended to loop in the main-stream media so that they could pile on to our fledgling community. I simply hoped that a deadline would pressure Jon and Peter to resign quickly (and appropriately).
While my accusations on Friday were 100% truthful, I now see that I have overplayed my hand. Rather than go all-in with a losing hand, I’m mucking my cards. I never anticipated this degree of backlash from within the community. As such, any further efforts to publicly push for resignations are not well-focused, and I plan to turn down the rhetoric.
On the other hand, I’ll reiterate that while my hyperbolic tone was poor and regrettable, I continue to believe that the Bitcoin Foundation in its current incarnation is significantly damaged, and that Peter Vessenes and Jon Matonis should resign. But it may be better to let the Foundation die a slow, quiet death than to organize a public execution.
I consider myself a Bitcoin entrepreneur first and foremost, and I think that a public spectacle would just provide ammunition for Bitcoin’s formidable external foes. Better to let the community purge itself.
There are many reasons I took the course of action that I did, but as my unorthodox strategy ultimately proved unproductive, I’ll bow out of the conversation with respect to the Bitcoin Foundation without explanations or defensiveness.
I’m sure I’ll be eating humble pie and ramen while I try to rebuild some of my damaged relationships.
I tried something risky. It blew up in my face. That’s ok; I’ll take my medicine.
Looking forward to getting back to my regular boring Daily Bits tomorrow.
Cheers,
TBI
________________________________
Why do you seek out and uncover the wrongs if you don't plan on reporting it? ... oh yeah so you could profit from the info.
This is the same guy that admitted to insider trading in the same breath he used to accused others of their wrong doings.
Now he's backing out of a contract he made with himself. hahahaha Keep this up you'll earn that seat on the Btc board. hahahahahaha
March 10, 2014, 01:10:52 AM
Here is the link:
http://two-bit-idiot.tumblr.com/post/79070783038/concession
I generally think, that if there was a serious corruption and such in TBF, it should be exposed, but I definitely feel relieved. We had so much media circus last couple of days ...
Moreover, TBI was spot on with MtGox leaks, but his stance on TBF sounded fishy from the beginning and I was among apparent majority that was expecting his news would turn up underwhelming. Sounds like the poor guy believed he was a porphet after Mt Gox story.
Wonder what your reaction was?
EDIT: title typo
http://two-bit-idiot.tumblr.com/post/79070783038/concession
I generally think, that if there was a serious corruption and such in TBF, it should be exposed, but I definitely feel relieved. We had so much media circus last couple of days ...
Moreover, TBI was spot on with MtGox leaks, but his stance on TBF sounded fishy from the beginning and I was among apparent majority that was expecting his news would turn up underwhelming. Sounds like the poor guy believed he was a porphet after Mt Gox story.
Wonder what your reaction was?
EDIT: title typo
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