Topic: Was Cody Wilson right? (Read 900 times)

Not sure may be right.

Thanks.

If all that is true, I say, let it die. They did (or planned to do) some good things for Bitcoin, but overall it seems like a bunch of guys trying to boost their personal careers and pay themselves nice salaries despite poor revenue streams. If you can't properly manage - gtfo.

So the only question is how to go around with funding the core devs. This could work for now:


Props to Olivier Janssens for his post.

Thought of the day:

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


ps Cody Wilson was wrong, there was no need to disband TBF, looks like it'll collapse on its own.

i guess this:

https://twitter.com/jgarzik/status/584326303567912962

Moving forward:

 - A special trust fund is being created and I will donate several 100k to pre-pay Gavin’s, Wladimirs and some other core devs wage for the next year (if they choose to accept). The control of this trust fund will be handed over to the core devs, who can decide who can join it. Alternatively, we can give voting power to everyone who puts money in it (pro-rata). I will also organize crowdfunds and help make this fund public. At no point do I want to have any control whatsoever.

Must have missed something. What expose? Which news? Link?

Must have missed something. What expose? Which news? Link?

Now with this latest exposé about the Bitcoin Foundation in the news. ...

The Bitcoin Foundation should be Destroyed

My words should not be mistaken as part of some centralization controversy. I’m not complaining that the Foundation is corrupt, superfluous, or has undue development influence. I’m willing to be realistic and admit the original intentions of the organization’s founders (Make dough with regulatory cover, bonus points for veneer of public respectability). Like any capable postmodern shysters, they couldn’t just rip us off. It was better to color the whole affair with a farcical civic-mindedness. To run around with this annoyingly earnest mien.

We find their type outside the Foundation as well. I still recall Jaron Lukasiewicz spreading his perfectly bleached asshole for Ben Lawsky back in July, only the day after BitLicense dropped:

    “…the BitLicense is an important asset that will allow us to provide US banking and regulatory protection to our target customer group. I’m happy to see the New York DFS making tangible progress towards offering the first achievable regulatory bitcoin license in the country.”

The first, but certainly not the last!

I say attack the Foundation because it is the think tank of the bitcoin counter-revolution. Its record (hey guys, this time we focus on core dev, for reals) is and will continue to be the (re)production of the state-form in bitcoin thought. Yes, the State-form. That reef on which the revolutions of the past two centuries ship-wrecked. Unseen by the hapless steersmen who with their organization set sail in the name of technological libertarianism.

But bitcoin isn’t ideological! Some stripling yips, dimly aware the slogan is NATO-grade BZ.

What to make of them? The mises-thumping market liberals, the high finance back-benchers, these… startup people. Each in his turn discovers modern political economy’s happy accident, a working stateless currency, and each continues the promotion of the State to de jure universality. They next rally around this word. Oh, you remember it. Every stunted little nequient and pasty oddity shrieks it in choral unison. The signature term of our gigantic Stockholm syndrome...