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Title: To newbies: Read more about the Bitcoin Foundation before joining it Post by: Come-from-Beyond on September 18, 2013, 04:58:08 PM A friendly advice - read more about the Bitcoin Foundation before joining it. There were a lot of discussions after its launch, if it's good or bad. Time has passed and all threads with criticism were buried under new ones. In my opinion this foundation is a way to earn money to top bitcoin holders, nothing else. But use your own brain to make a decision.
Some fact: Not all bitcoiners support the Bitcoin Foundation - https://bitcointalk.org/index.php?topic=113509.10 In the very 1st days its founders violated their own by-laws - https://bitcointalk.org/index.php?topic=114911.0 The foundation is ran by a small group of people who know each other very closely - http://dedecentralizationofbitcoin.wordpress.com/2012/10/05/de-decentralization-of-bitcoin/ Title: Re: To newbies: Read more about the Bitcoin Foundation before joining it Post by: hayek on September 18, 2013, 05:09:16 PM In my eyes the foundation is just a small groups attempt to embed themselves in a position to align with the government when that time comes. I see nothing of value coming from the foundation and there is absolutely no reason for such an organization to exist.
Bitcoin has no need for what they are providing. In time, they will say "Hey it could have been worse, but we prevented how bad it could have really been." With respect to Bitcoin facing off against the government. When in fact it will be just the opposite. TLDR: It's just a meal ticket for politicians Title: Re: To newbies: Read more about the Bitcoin Foundation before joining it Post by: pedrog on September 18, 2013, 09:35:23 PM You mean the US Bitcoin Foundation?
I'm pretty sure with the expansion of bitcoin we will see organizations popping up all around the globe. Title: Re: To newbies: Read more about the Bitcoin Foundation before joining it Post by: QuestionAuthority on September 18, 2013, 10:07:28 PM This is the original thread announcing TBF not the ones you posted: https://bitcointalk.org/index.php?topic=113400.820 (https://bitcointalk.org/index.php?topic=113400.820)
Their are many arguments for and against it and yes I'm in the thread giving Charlie a bunch of crap about the elitist organization. He and others were able to change my mind about it and now I'm a supporter. OP, you make it sound dirty that someone wants to make money with Bitcoin. You do realize that this is a finance/cryptography forum, right? If business people don't make money Bitcoin dies. Making money is the reason so many people mine and profit is the reason they do it. Troll harder. Title: Re: To newbies: Read more about the Bitcoin Foundation before joining it Post by: nnimmo on September 19, 2013, 04:47:28 AM Hope Bitcoin Foundation will do something to develop bitcoin business.
Title: Re: To newbies: Read more about the Bitcoin Foundation before joining it Post by: Come-from-Beyond on September 19, 2013, 05:54:46 AM OP, you make it sound dirty that someone wants to make money with Bitcoin. You do realize that this is a finance/cryptography forum, right? If business people don't make money Bitcoin dies. Making money is the reason so many people mine and profit is the reason they do it. Troll harder. From http://www.forbes.com/sites/jonmatonis/2013/06/23/bitcoin-foundation-receives-cease-and-desist-order-from-california/: Quote The Bitcoin Foundation is a nonprofit corporation registered in Washington, D.C. with mailing address in Seattle, WA. As a nonprofit, its mission is to standardize and promote the open source Bitcoin protocol and it receives generous support from individuals and corporations to advance those objectives. Man, u don't understand what u r talking about. Title: Re: To newbies: Read more about the Bitcoin Foundation before joining it Post by: Come-from-Beyond on September 19, 2013, 05:56:32 AM Hope Bitcoin Foundation will do something to develop bitcoin business. 1 year has passed, any outcome of its existence? Title: Re: To newbies: Read more about the Bitcoin Foundation before joining it Post by: Alpaca Bob on September 19, 2013, 11:26:19 PM As a newby (kind of), I thank you for this thread.
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