Topic: Very severe blow to bitcoin - page 5. (Read 8749 times)

Bitcoin distractor and altcoin assosiation.

Bitcoin regulator submission and tool provider investor assosiation.

What's the Bitcoin Foundation? 

So what?
Ho is that going to affect the BTC price in negative way?! I dont get it, please someone explain!
BR

Please use some sense when you create your thread titles. New people visiting this forum seeing titles like this one or one of the many 51% fud threads get the wrong impression immediately. At worst this is a non issue for bit coin.     

He's not going to quit Bitcoin, just the Foundation. They disagreed with the things he wanted to do, it seems, so it's not like we lose any of Andreas' contributions via his departure.

Imagine the panic if Satoshi's announcement that he is moving on to other things had been made this week rather than three years ago. 

yes

Why do these people always have to cause a scene? He could have said: "I'd like the foundation to become more transparent. I'd like X to happen."

- Funding Gavin. And that other guy.
- Liaising with gubment, that a lot of you guys all hate. Like the recently hired lobbying firm.

But why aren't we funding a full time core dev in a decentralised fashion, with voting etc, yet? Is it because really, we are all just whiners who won't actually put in the effort/resources to solve the problem?

It's easier to hate the authority than to actually make the authority unnecessary.

BF or no BF, nothing is going to stop bitcoin!

I honestly don't know.  I'd most likely have tried to capitalize to some extent, but it probably would have been much more difficult.  I may have tried to make some meaningful contributions, but it may have been driven by necessity as much as by socio-political aspirations.  Anyway, as I said, I actually owe a dept of gratitude to TBF for helping me feel no special attachment to Bitcoin as a system and not care to much about it's trajectory other than what it means to my pocketbook.  I'll always feel it to have been an extremely important innovation even if history proves it to be more a proof-of-concept more than anything.

No one really, besides the regulators now and then
News of the day and the Lobbying Firm they hired
http://online.wsj.com/articles/bitcoin-foundation-hires-lobbying-firm-1404918261

Backers of the virtual currency bitcoin are beefing up their Washington presence as they seek to shape government oversight of the fledgling payment system.

The effort has been building since a number of federal agencies began examining bitcoin last year, but reached a milestone on Wednesday when the Bitcoin Foundation, the top trade organization for the new technology, said it had retained a lobbying firm for the first time.

The foundation hired Thorsen French Advocacy, a firm led by two former bipartisan congressional staffers, reflecting the group's desire to win support on Capitol Hill at a time when it's trying to influence an array of policy decisions. At least 13 U.S. government agencies have examined bitcoin, the Government Accountability Office said in a report last month.

The lobbyists' role will be to build "a reservoir of goodwill that we can deploy when we need to avert a crisis," said Jim Harper, global policy counsel for the foundation, on a call with reporters Wednesday. "The best work will head off problems before they become interesting to all of you."

How is this a severe blow to Bitcoin? It's the fault of the company.
Stop spreading FUD newbie.

this is too true. the corruption and greed in crypto currency has reached a tipping point

Who cares about the Bitcoin Foundation these days?

Would you really have acted differently had BF not shown up?

Or day T-minus something.  When Gavin proposed the foundation a year or so before it was created the response here on this forum was overwhelmingly positive.  Only Theymos and a few others (myself included) voiced some concerns strongly enough to give the idea the thumbs down.  As it turned out the results of forming the foundation were worse then I envisioned they might be.  Much worse in fact.

It is actually not possible to know exactly what the impact of TBF has been.  The response from the U.S. govt apparatus has been much more favorable than I expected.  Ditto adoption by mainstream entities.  It is very possible that the actions of the foundation had a lot to do with this, and it is also the case that a vast majority of folks here think that these two things are fantastic.  I don't, so even if TBF is responsible it's not something which would change my mind about their being worthwhile.

The only positive thing I can say about The Bitcoin Foundation is that they have played a major part in destroying most of the philosophical hopes I had for the solution and thereby paved the way for me to feel OK about milking the shit out of it's success irrespective of the impact my actions may have.  At this point my actions are minimal anyway.  About the only real support I've ever lent to Bitcoin was to try to mop up some liquidity in the late 2011 timeframe when that action was sorely needed, and that proved fortuitous.

the sky is falling!

Bitcoin is going the right way. Its the foundation that has made a uturn and is driving on the wrong side of the road

He has an account, he's not vey active though. I don't rember his handle but it should be something very similar to his twitter one.

Edit: https://bitcointalksearch.org/user/aantonop-79085