Bitcoin Forum

http://online.wsj.com/news/articles/SB10001424052702303426304579401883794330454

About time..

Actually its about time the Bitcoin foundation should be dissolved completely.

Nothing stopping you from starting your own play money club.

I dont have problem with anyone starting such club.

But i do have problem if they deceivingly name it "Bitcoin Foundation"

Change the name and stop "representing" the community. Noone voted for them

Then call it "The Real Bitcoin Foundation." You could ask for dues and then allow due paying members to vote for officials.

My point is Bitcoin is decentralized and noone should even name their group a "foundation". Stupid media will think of the "foundation" as bitcoin.

Nahhh, after so many years even the media can tell the difference.

^^^ I second that. Get rid of all of the so called reps of BTC. Bitcoin has reached another growth level where it can sustain itself on its own. It doesn't need the helping hands to keep it up. Hell, disolving the BTC Foundation would yield good in the end. The true reps of BTC are the markets themselves and the millions of transactions that are carried out via BTC. This is only grow with time. Gox going away along with BTC Foundation would have more good come out of it than bad. Better correct the big mistakes now before they become 'too-big-to-fail' problems and will have to loose an arm and leg. Nuff said :)

Is this announcement the reason for the current drop of btc?
(The one going one at this minute?).

Glad I'm not the one who thinks these guys are trying to become a wannabe central bank, I don't trust them in the slightest, especially considering they let people like the MTGOX CEO join in as well.

Yes. Get rid of them. I'll wait in the car.

What the fck is your name? and are you a member of the "foundation" ?

WSJ....... :D :D :D :D

That would be more foundations, not fewer.

I think you've misunderstood OP.

They could even proclaim themselves the central bank. People would just ignore them any way. To create central bank you need some kind of power to force people bend to they will. They have non. At point when they would even get any( even though I think it is just impossible), people would just move on to different alternative there is out there.

Progress moved too fast and people can't stop thinking in old ways about this kind of economy. It is like explaining to feudal peasants how voting booth works.






I am thinking you are right. It is about choice and freedom, not about enforcing the "right way" of how people should act.

Well it certainly isn't a sign that Mt Gox intends to permit withdrawals... ever.
so yes it could be.