Bitcoin Forum

Proof can be seen here: https://blockchain.info/address/1BTCorgHwCg6u2YSAWKgS17qUad6kHmtQW

https://bitcoinfoundation.org/support/


https://c2.staticflickr.com/6/5474/14062337090_e94bdda70e_b.jpg

Now that I, too, am a Platinum Member of The Bitcoin Foundation, I'm really going to start stirring up some shit.

Quick aside: davout, I'm still waiting for you to clarify my bitcoin address so that can return my stolen 1,132 BTC currently residing in one of your bitcoin wallets.

I think "first right of refusal" just means they ask you if you want to sponsor a particular event over a competing barn wood recycling service.

I'll simply ignore, participate in, or abide by that clause until my lawyer says it's okay.

Fucking awesome man, well done. I'm a lifetime (non-industry) member but prefer to remain anonymous.

GO GET 'EM!

Whatever happens make sure Andreas doesn't ever leave, he's the heart of the foundation imo.

you are the man! THE MAN!!  ;D

If you can't beat 'em, join 'em!

If you really spent $100k to join the foundation to continue your attack, then you are fucking crazy stupid.

Good luck. You need it pissing away money like that.

Ignore this prick, you're a hero, stick it to the man. Also if you want to throw 10k $ in btc my way that'd be super helpful too.

Promise it's a good cause, you'd really like it, shame it's a secret.

wow, that's insane.. you must be loaded PG. you think they might just keep your money? i mean, they are known for being dysfunctional and corrupt.

Congrats on your investment.  :D
What was the primary reason you paid $100K?

His "proof" doesn't show shit. Just looks like giant attention whore to me. Can nobody read the blockchain properly?

https://blockchain.info/tx/4663d16d8d0128114284fc6959e707d66ac8a0fbdd7b1d1f5eb2bd57a2ea98f7

That's cute. Guess they've got a rig pointed at Eligius.

Scrabbling around to get those coins in before they go broke in 18 months (according to Matonis' financial 'report').

Come Bruno, pony up, your hundred grand would extend their life by 2-3 weeks. Have a heart.

Impressive commitment
That's more than I have in Net Worth ;)

You calling me a liar? I sure the hell did pay the $100K Platinum Membership fee. You just wait till the confirmations come in, then I'll expect an apology.

~Bruno Kucinskas

There! It's there now. Take a look: https://blockchain.info/address/1BTCorgHwCg6u2YSAWKgS17qUad6kHmtQW

Now, where's my apoloby?

If true, then congrats man. Now maybe you can leak all the classified info they have.

What's your real motive for joining? I'm sure it's gotta be something else other than getting rid of Brock Pierce.

Ok, it's official. You are batshit insane. I wouldn't give TBF $100k if they all rimmed me then blew me.

The real motive is that I just didn't think it fair to have only one paying Platinum Member - KcN Miner - on The Bitcoin Foundation, hence adding my membership fee to TBF's coffer.

What if they promised a reach-around during said actions? Then, maybe?

I don't see any recent transactions for $100K.

Btw, that was either a very stupid, or a very smart move.

I don't know which yet, but I am sure that you wouldn't just throw $100K away for no reason.

 

$100 K can safe a lot of lives but people prefer to buy a yacht
with such money I would build a charity organisation

I don't understand why you can't see it. It's there! Is there anyway that blockchain.info somehow messed up the ledger?

Maybe if you sort all the transactions according to their size if might show up. When blockchain.info comes back up, try that. My transaction should be right above KnC Miner's $100K via BTC transaction (depending on how the dates are sorted, of course), of which theirs'll be easy to spot, for it'll be the second biggest transaction to TBF, with mine now tied for second as well.

BTW, snatch the URL of KnC's tx and post it when you find mine, posting that as well. Better yet, take a screenshot, then post that.

Can't wait till the next election so that my vote will negate KnC's vote due to both of us having the same voting rights being verified Platinum Members and all.

Yep! A yacht just like this one, with cash to spare to hire on two mates: https://www.youtube.com/watch?v=jmaRTZpJgPA#t=314

Blockexplorer shows the same transactions as blockchain: http://blockexplorer.com/address/1BTCorgHwCg6u2YSAWKgS17qUad6kHmtQW

Why not provide the tx id, because I can't see any recent transaction of nearly 200 btc to that address!!!

Same here, I can't see the payment. Do you have the transaction ID at hand?

If you've taught me one thing, phinn, it's to vet rather than believe. Can you sign a message with the private key or keys used to txfer $100k to the Bitcoin Foundation as well as the transaction?

Dude, you're crazy!!! Absolutely CRAZY!!!! Why give TBF ANY money... let alone THAT MUCH!!!! What possible damage could you possibly cause them that could justify THAT MUCH MUUUUULA???

To be clear, you asking me about my tx or KnC's tx?

The biggest single transaction to this address since 1 April is only 2.2834BTC. Telling lie about the blockchain is to most stupid thing to do.

Damn straight it is!

https://bitcoinfoundation.org/2014/04/30/kncminer-joins-bitcoin-foundation-at-platinum-level/


With apologies to those who congratulated me, I ask: WHERE THE FUCK IS PROOF THAT KnC MINER PAID THEIR $100K USD via BTC TO THE BITCOIN FOUNDATION FOR THEIR PLATINUM MEMBERSHIP PRIOR TO BEING ABLE TO VOTE FOR BROCK PIERCE FOR THE EMPTY BOARD SEAT? It ain't fuckin' there, is it? Just like mine isn't there, to show, again with apologies, that these fucks can claim anything and nobody would even fuckin' look to see if it's true. Hell, most here took my statement as gospel because they trust me, just like we were trusting TBF. NOW, we find out we've been lied to by the very group that's suppose to protect us.

TBF only uses one bitcoin wallet address for transparency.
TBF received 5,000 BTC to said address at onset of formation.
TBF oNLy accepts BTC - none other - when accepting membership dues, regardless the size.
TBF has some 'splainin' to do!

TBF cannot claim if was via some other money transfer avenue, for that would negate the rules they themselves written.
TBF cannot show some other bitcoin wallet account they have control of, for that would negate their transparency stance, along with showing something else that could be easily gleaned if such exists.
TBF cannot claim that it hasn't been paid yet, for that would open up a whole 'nother can o' worms.

Looks to me like TBF has got themself into another pickle.

How many more times am I, along with the entire Bitcoin community, going to be lied to? How much more money will be stolen from us BITCOIN MINIONS due the foxes guarding the Jerk Chicken house?

I'd prefer this one:

http://newsbtc.com/2014/05/21/croatian-yacht-charter-company-turns-bitcoin-credit-card-fees-prove-expensive/

But a charity is more honourable

AFAIK The 1BTCorg address is only a donation address

Look again! See all those $25 payments made? It's for everything according to their site.

I'm pretty sure this is somebody's $1,000 USD Gold Membership payment: https://blockchain.info/tx/2191e05c8d9c7a9e3648011a39a3d15e7f7e5283dbb8a2fdfa70f216c57d3c28

Maybe Kncminer gave the foundation 100k in gear.. But I was looking for Knc donation too, so you are right, the foundation has some more explaining to do..

Phinnaeus Gage, you are a fucking genious for confusing me like this. I was already trying to find your TX, without success of course. Anyway, you are making a great point and I would also like to know where their transaction is. With a message stating that they are indeed in control of the sending address by signing the message with that address, of course. ::)

Phinn, I must admit you got me there.
I was looking for your tx and also wondered, why the heck would Phinn do that?

Apart from that I must say that I am starting to get upset with your posts (not just this one).

I have other things to do but the info you keep giving us got me hooked on reading/finding out more.
Please let me do some work!!!!  ;D ;D

I hate you  :P

PS: Speaking of KnC Miners, anybody else seen this: http://www.reddit.com/r/Bitcoin/comments/260in3/kncminercom_puts_butterfly_labs_bad_reputation_to/

You are a real believer..
sometimes believers are heroes.. and sometimes they are fools.
hope that you will be glad at the end.

Wow, well played Phinn.
I actually was looking for the payment as well as for the KnC payment on Blockchain.info and didn't find it right when I looked over it.
I then thought "Well, it's only a web service, if I don't look at the longest chain on the network myself, I cannot claim it's not there" and proceeded with some coding while waiting for news on this thread.

So... what Phinn said are all valid reasons for me to further distrust TBF even tho I already did. There are interesting days to come regarding the foundation.

Big thank you to Phinn, sometimes you gotta wake people up!

ha ha now all people looking KNC tx id  ;)   :P mission completed  :-*

$100,000 is expensive, but the membership is worth every penny. Everything is expensive nowadays.... Even an additional passport costs you some $400,000. $100K might seem expensive now, but after 5 years you will realize the value of being a Platinum Member of TBF.  ;D

Charity within capitalism is unethical (https://www.youtube.com/watch?v=hpAMbpQ8J7g), for the same reason that the WORST slave-masters were those who treated their slaves well! In doing so, they create the illusion that slavery is a tolerable condition. It's not!

Likewise, wage-slavery exploitation is NOT a tolerable condition, and the only way we're going to get everyone to wake up to this reality is to STOP softening this horrible brutality with the breadcrumbs and blankets of charity!

Damn, am I the only one here who actually reads?

http://ecx.images-amazon.com/images/I/51f87X3jBOL.jpg

This is really cool, go Phinnaeus!

Who is talking about slavery, there is plenty good ways to do something for others. You just sound like an egomaniac that would come up with any rediculous reason not to give away anything if you can. Luckily there are also people that do care.

And then you are expecting a painter that has worked on one for half a year just to give it away for the sake of sharing culture and you call him a capitalist too if he wants to sell it to buy bread? I think you are confused.

Man, I must admit, you got me at first. I took your word at first and congratulated you, then I started looking for your tx because $100k is just too much to believe. Scrolled that address a few times, couldn't find the tx, but gave up out of laziness because I didn't want to go through 700+ tx from that address.

Well played sir.

Lol dude, your crazy to read...

IMHO, fundation couldn't care less for any of us...as long as they get their money, you can give as much proof as you want....sad truth...

I bet you different.
Once all of this starts going truly public it will hurt the image of Bitcoin and TBF.
And I doubt the foundation wants that.

Holy fuck!

(Spoken like a true gentleman)

Thats why I love the LitecoinFoundation.    TBF is a scam!

Da fuq did I just read?

I can't help it, but feel that there must be some explanation, i.e. maybe a different address used for membership payments?

If that is not the case then...

wowow interesting info there

touché

kudos to you Bruno for having raised the knc - tfb affair :)

You really think his name is Bruno?

JAJAJAJAJAJAJAJAJAJAJA well played sir! maybe these two youngsters know where KnC's 200 BTC payment is hiding?

https://coinchimp.com/themes/btc_public/assets/imgs/pagebanner_buy-bitcoin.jpg

Ain't no drama like Bitcoin drama..

Shit never ends lol..

OMG Zizek??  Didn't you get the memo that Post Modernism is passé now?

Well played PG, well played.   ;D

Have everyone look at the Blockchain tx'es for yours, but then hit 'em with the one-two KNC scammy donation combo.

PG is definitely the master of subterfuge threads...in a good way!   ;)

Yes it is, bud. I even once posted pics of my real IL DL sans masking off the ID #, and can easily do such again. To be clear, none of the pics were photoshopped, et al. in any way.

Now I am curious about how you look. :-\

He kinda looks like Santa Claus with a Tutu.   :P


http://i1.sndcdn.com/artworks-000065559740-51yanu-t500x500.jpg?30a2558

Really? Or are you fucking with me? Bruno, please confirm :P
Anyway, it's a nice reuse you did there dude. I doubt KnC can/will answer your question though.

One more thing. There's an iota of a chance that KnC's BTC tx does exist via some other wallet, but if I was aware of it, this thread wouldn't have been penned, thus an apology may be in order is such materializes.

That said, look at the traction this thread has compared to the other uber-important issue rocking the Bitcoin World - Brock Pierce, the Godfather of Bitcoin based outta Bitropolis, of which has KnC in his back pocket.

Michael Terpin claims he first learnt about Bitcoin last year, but was sucking Brock's dick in the Sahara Desert back in 2008 while on vacation with porn guy Ken Feldman and Autumn Kadtke.

Apologies for not connecting the dots to SN, but under an NDA till the release, hoping this line doesn't negate said.

Rubicon.

That's me in Las Vegas at the Bitcoin conference, bringing awareness to http://thetutuproject.com/, of which I'm not affiliated in any way, shape or form, sans being a supporter, unlike other notable bitcoiners having charities to further line their own pockets, but can't seem to pony up twenty-five bucks for a TBF membership even though they champion their guy, Brock Pierce, to chair a seat (next to a table with Teen Beat mags atop).

PG has iron balls.  BFL slandered him many times on this forum and published private info.  PG embraced this, turned the other cheek and has reclaimed his credibility here.   more kudos to PG.

whether you like PG or not, he sure brings the entertainment and drama to bitcointalk.org  :D

Sadly, I wish such was based simply on trolling oppose to using such to spread what's, unfortunately, the truth. There is no fuckin' way that all I've connected to date is just from my imagination, sans the jacking-off to Teen Beat part, albeit an argument could be made.

You don't know how much I respect you right now.

Thanks for the reach-around.  :-*

Good way of representing your point! Kudos

Reach-around..? Isn't that a sexual act? I don't think that I get what you mean.. I'm quite capable in English, but this surpasses my knowledge. Sorry :-\

QFT

The sexual aspect is exactly what I was implying, albeit in a humorous manner as my special way of thanking your for the kudos, with apologies for spreading any coodies (http://www.urbandictionary.com/define.php?term=Cooties).  ::)

PG master troll(on point tho) at it again, and it was the first thing I thought when I saw this thread, but when I was scrolling the transaction I was expecting to see some big recent movement, including KNC and tons of gold members and stroke right away, but I guess there is another adress, again Bruno wins the internet good job, now he needs to share his master plan to drive those pedo bears out of the house :)

Wow. Congrats! Bring some good ideas to the board! Just curious, did you get all of these bitcoins from donations? Out of pocket? Mining?

You are the one. Opening our eyes.

I was hoping PG could really stir something up from the inside  ;)

This was a good prank though... got people thinking where did the coins go? Now, can we force a response or something out of TBF? The community needs to see a transaction id of the knc membership fee dated before the vote.

Someone form here must a member of the TBF. Please ask for us on TBF forum.

Not where did the bitcoins go, but why they weren't sent in the first place.

Can't wait to see if TBF produces some other bitcoin wallet address(es).

Wow dude you just pay 100k to join there group why?
And if you want to do something to disrupt them why are you posting it for everyone to see?
Can someone explain what the TBF group is and does?

Surely, you're not one of those dudes that orders bitcoin miners from newly created websites sans reading the site or doing due diligence, are you?

https://bitcoinfoundation.org/support/


For shits and giggles I wanted to see if I could sign up via using a fake name, address, and a zip code that doesn't even match the state I claimed to live in, let alone have a named street in an also made up city not located in said state. (DO NOT TAKE MY WORD FOR IT, AND TRY IT YOURSELF)

Results: No problem whatsoever, whereupon I was greeted with the following:

https://members.bitcoinfoundation.org/membership/individual/payment


The newly created bitcoin wallet address (0 tx) was generated on TBF's end, and not via some service provided, i.e. BitPay.

Surely, The Bitcoin Foundation isn't using their efforts as some sort of money laundering scheme as some have suggested, are they? With Brock Pierce at the helm, I'm sure if such were the case, the practice WILL be put a stop to.  ::)

Maybe because with the publicity,  they can't ignore him.  

this could be quite interesting if PG did actually pay the dues.. all the drama that would ensue if he gets in and starts calling brock out. as a bystander, i would be at least entertained. so PG, how do you intend to bug him? and did you read all the fine print on membership.. as in could they just boot your ass and keep you BTC if you become such a nuisance? and if these guys are just taking the membership money to launder, don't you think that losing your 100k of btc kinda helps them out?

I'm the Avenger and I approve this action ;D

Thumbs up PG. KNC are THE most disgusting company in the bitcoin landscape. They lied to and stabbed every single one of their customers - past and present - in the back with their Boden datacentre. Not to mention shipping a bunch of used and broken goods recently to people who paid $10k-$13k for the privilege.

This happened on practically the same day they were "welcomed" into TBF. The fact that this doesn't seem to matter to TBF says a lot about how vile both organisations are. KNC are completely fucking the active bitcoin community and TBF smile like they are oblivious and ignore it. If they are willing to see the community fucked and screwed over, it's very clear the TBF do not represent anyone except their own finanical interests. Their actions basically spell out their outlook - they are all greedy fucks trying to line their pockets and don't give a damn about the bitcoin community.

I'm all for cleaning up crypto, thanks for your work exposing the scum.

Travis Bitcoin: I think someone should just take this city bitcoin foundation and just... just flush it down the fuckin' toilet.

#cleanupcrypto

Is it just me, or are some replying after only reading this thread's title, let alone the OP, let further alone the latest posts clearing showing that with reason I made the whole shit up?

Excuse me while I take a quick spin around Santa Monica in my new Yellow Lamborghini.

Awesome!!! Go get them! ;D

Lol...sorry to break it to you, but there's more than one receiving address at the foundation. Each member gets their own address. Go to members.bitcoinfoundation.org, login, get your address and see for yourself.

Lol...the policy is no sock puppets. That's hard to implement. We've had "bill gates" and "warrem buffet" join too. What's not hard to implement is mailing a postcard with credentials required to vote. We may do this in the future and drop the voting rights deadline for signing up.

I ran this election Phinn...if you have _any_ questions about it, you can call me. I'll be in Chicago mid June if you'd like to chat over lunch or something. There's nothing to hide here.

wait a tick, so phinn is the only person who gets to hear what you say? he has asked the questions in this thread. why not answer them here? (please)

So, he has asked (in a fairly roundabout way) a couple of good questions. and you dont answer them but just say it was all fair and good. then say call me in june i might answer then, but only for you...

It is not just PG who is interested in the answers, hence the number of replies in this thread.

cheers,
steve

(btw, the postal thing is backward and easily duped - but hey ho, i guess it is not my problem. unfortunately bitcoin has bigger problems than tbf...)

edited to fix formatting.
this post wasnt meant to be demanding or rude, but if you are going to give info out (which you suggested you would) i would appreciate it if we could all hear.

Holy shit... I was happy to have one Bitcoin :-[

Lol!  Then it seems like it would be a slightly better deal.   If you want a promotion, break out the lotion.


Congrats on joining, were you welcomed with open arms?   When do you meet with Brock?  I am sure he will be happy to see you...

You messed up man, I would have done all that for far less than 100k.  Holla at me ;)

I am wondering if there is a connection between those posters and their signatures.

Anyway, I like the way you brought this to our attention. But if I understand it correctly "now" they have different bitcoin addresses for each membership payment. Is there any policy that they will still be transparent with that and show each payment on request of the community? So we could still see a 100K USD transaction around that time they joined.


Btw, my signature doesn't pay per post.

Thank you, bud, the same way I brought the Godfather of Bitcoin, Brock Pierce, to everybody's attention via, unfortunately, accusations of his past that was already on the mainstream media's RADAR, spearheading a fail campaign to not get him elected to the board of TBF - twice, due to a second round of voting.

Whether the voting was conducting fairly or not, he shouldn't have even been on the ballot due to his taint. In essence, TBF stuck it up our asses big time, and I, for one, who had money stolen from me via staff on this forum, is not going to taking it any longer.

Rubicon.

Great move!  :D :D

You might be crazy but you are entertaining. I for one appreciate people keeping a wary eye on TBF. I don't pretend to know nearly enough to add useful commentary but I think a good conspiracy theory or two is a healthy thing.   

How did you like the part where I stealthy implied that you were the Ronco dude living in Texas and possibly in cohorts with Paul Snow, commencing with the veggie thing-a-ma-jig comment?

I liked it. I actually grew up in west Texas so there is a dot to connect.   ;)

I wish I had bought bit coin when he did.

Sure, bud. This thread is further proof that not many read past the OP prior to commenting so that they can post-and-run thanks to them having a paid sig in their profile.

I estimate it is a 25:1 long-shot, but this transaction happened at about the right time in the right amount to be the KNC donation. Disclaimer: I only looked at about 15 blocks on April 27th.

225 BTC payment -- or is it a 25BTC payment (https://blockexplorer.com/tx/8c12d0e2525b45558658ccd12895525ba438d7f6d17bc712f0cff51e404e7aab)?

The price of BTC on April 27th appears to have been between $460 and $430 USD.

There were even similarly sized payments in the same block. This one stood out due to the nice round even numbers (and limited number of inputs/outputs).

That address was first funded by BurtW last year April.

Yeah, Burt Wagner received those coins at 1BurtWEejbnKeBRsvcydJvsNztB1bXV5iQ. He has received 2546 to that address alone. Way to hodl Burt!

I actually put that address in a search engine and the 1Burtw... address came up... should have clued in.

It took me less than 90 to figure it out, only because I was smoking a sipping coffee during said period. Why the fuck ain't I getting paid for this shit?

BTW, remember all those trips Zhou Tong make to Singapore...

Aaaah, I see. Well, thanks I suppose, haha. Don't jack me off to fast alright? :-*

I have a signature that pays per post, but I always try to post something useful, on-topic and constructive (if possible). I just like the extra cash I get for just being me ;D

If it were easy to answer 50 questions in a thread to everyone's satisfaction from my iPhone while on call in the hospital, I'd do it.  Far easier on me to have one quick conversation with one trustworthy person.

But the tl;dr is this: nothing interesting or surprising.

Can we please be shown the transaction of around 200 btc from KNC miner to the Foundation?

I don't doubt it was made, but the whole point of this thread is that it does not seem to be on the foundation's main btc address. So you don't need to answer 50 question, but just one:

Where is the KNC bitcoin payment to the foundation?

You should ask _them_...it's their private info.

The foundation seems to have an address which shows publicly the donations and the membership payments received. Thus - there does not seem to be anything private here.

We have this public ledger which allows for full accountability and transparency. If doubts are raised - as they are in this thread - considering that a public address is not private information then... where is that payment?

The election was decided by only 1 vote. Therefore if KNC paid late etc there are grounds for a re-election. We hear they paid just one day before - I do not know if that is true - in fact I do not know whether they paid at all...

Has the foundation made any response to this yet?

We're still waiting for davout to product the name - after 100's of requests - of the highly reputable auditing firm that perused InstaWallet data after the "hack", of which I lost 1,132 BGC and David some fuckin' how became 1,300+ BTC richer, then was elevated from mod to Staff of this forum.

Just the name, but he won't release due to some NDA bullshit. Lemon Way a bank, my motherfuckin' ass!

TBF is a non-profit filing under a 501c6. That filing has rules that need to be followed. Everyone is going to know how much money was collected next filing anyway. There are members here that have been asking about the money and have a right to know.

http://www.amrms.com/dnn/Blog/TabId/1268/ArtMID/3061/ArticleID/22/Which-c-is-Right-for-Me-501c3-vs-501c6.aspx

https://bitcoinfoundation.org/blog/wp-content/uploads/2013/09/2012-990EZ-IRS-Bitcoin-Foundation-.pdf

You've chosen to speak for them here. Let me put this delicately. WHERE'S THE FUCKING MONEY.

Is that Ken Feldman?

Jeff Bridges

Dah! I was asking about the pink toilet bowl.  ;D

LOL

Isn't that funny. Our big savior, TBF almighty, that was supposed to protect us against the evil governments is just another criminal enterprise. Priceless!

And, they could have carried on the ruse a tad longer if the Godfather of Bitcoin, Brock Pierce, wasn't so headstrong on taking over Mt Gox and being one of TBF's board members, not to mention KnC Miner becoming a Platinum Member via Brock's efforts to help seal the election.

BTW, I just doubled check my emails, and I DID NOT receive any election notice. Did anybody else?

Sadly, this is just the tip of the iceberg as we - no longer I - drill deeper.

History taught us that wherever there is anything of value, there is corruption.
Why should Bitcoin be any different?

What, if any, effect do you guys think that this will have on the continued development of bitcoin, as well as the legitimacy and regulation thereof?

I didn't either. They need to dissolve the 501c soon or they are going to have to champion libertarian values from a US prison cell. Filing fraudulent tax returns is a stupid easy to prove crime. The IRS isn't like one of these SEC type pussy agencies. They will chase you to the ends of the earth.

http://www.irs.gov/pub/irs-tege/eotopick03.pdf

Thanks.  Now when someone asks me why my tag line (to the left over there <--) states "I no longer support vanity addresses" I can just send them to these posts.  And for anyone wondering:  yes, those are some of my addresses and yes, I am just as much and every bit an avid supporter and platinum member of TBF as Bruno.

Basically none.

No effect. Gavin backed off a while back (possibly because he knew the the direction they were going). Bitcoin is written in a clumsy dinosaur language called C++. It's an old language from back in the 80's. Many coders are familiar with it and could take over. Although QT is a frigin nightmare that's hard to change without breaking something and it's better to have someone around that's very familiar with it someone new could ramp up within a few months.

TBF doesn't need to be around to make Bitcoin legitimate. It's legitimate because it's used. Legislation will move forward at the hands of bureaucrats. Millions and millions of dollars are necessary for PACs to sway legislation. I doubt TBF can just afford lunch for all of the people that need to be greased to alter the course of legislation enactment.

TradeFortress:  I am curious about something here.  In post #107 your response is an embedded image.  Why is that?

LOL - congrats on your Platinum membership.

Sorry Burt, didn't mean to drag you into this.

I believe I saw a comment on the internet that's really appropriate for this moment.

Troll, troll, troll your boat, gently down the stream...

Fucking TradeFuckFace. Must be some kind of tracing image. God, I hate those so freaking much.

What happens if TBF can't verify the payment was made. Re-election? Is Brock Pierce blocked from entry? Is KNC blocked from voting?

It would be impossible for TBF to forge a backdated transaction as big as the platinum membership fee. Their only way out is to say that the fee was paid by transfer of private key(s). If TBF cannot produce that, knc is obviously not a member and their vote is disqualified.

I don't know how the voting went. How many votes did BP win by?

I know transaction can not be forged on the blockchain what I'm asking is if TBF can't verify the transaction (which they can't because it didn't happen) what procedure has to be followed? I'm under the understanding that that is the only address they said they can would for member fees, continuing membership etc. so I don't think they are even allowed to receive btc for membership in another address.

I remember reading somewhere that, according to their bylaws, board members had to attend the meetings in person; but that requirement was promptly waived for Mark Karpelès.  Is that correct?  If so, they will probably just change the rules again, no?

You can read bylaws here. https://github.com/pmlaw/The-Bitcoin-Foundation-Legal-Repo/blob/master/Bylaws/Bylaws_of_The_Bitcoin_Foundation.md

Ditto. I neither, if he's a good guy, which I have no reason to think otherwise.

Don't worry! Once the full $1M is doled out to upgrade this forum, we won't have to worry about such any longer - plus, we'll be able to embed or change our avatar images.

Thanks.  I read, among other things:

Who in sane mind would join an association that has something like 3.3(c)(iv) in its bylaws?

And, why pay $100K USD to have the privilege of not being able to do such? Remember, Brock Pierce had a major hand in developing KnC, in spite of him stating that he ONLY oversees the Chinese market aspect, as if KnC's other partners weren't versed in how to tap into said market to sell a few thousand miners. Give me a break!

You seem surprised...why? It's pretty standard. Members don't own the foundation assets. They're not shareholders. Just like people who join the EFF or their local NPR station can't call for and vote on liquidation of it's assets.

Item 3.3(c)(iv) is not about managing assets (that is indeed fine), but about amending the Bylaws.  Like, changing the goals of the Foundation to promoting UFO research, Aryan supremacy, hot tub parties, or whatever.  It seems that he Board of Directors can do that without even telling the members, correct?

You gave these idiots $100k? You really do belong with them Gauge

^ did you bother reading anything besides the headline?

Sure did! And I bought 42 Monarchs, going to pay off Matthew N. Wright's bets, become a mod of this forum, and buying ONLY ONE from Bruce Wagner, then I'm going to Disney to get my dick sucked by some dude named Goofy.

Feel free to reply to this post once you finish reading the rest of this tread.

Apologies if this comes across as a diss post, but you aren't the first, and probably not the last to comment prior to reading further, something - reading - should be part of anybody's due diligence before taking anything as gospel, especially when it comes to the circus arts surrounding its lead clown - Brock Pierce.

Come on, the joke is revealed (and justified) only on page 2 of the thread.
https://bitcointalk.org/index.php?topic=621770.msg6891010#msg6891010
Thumbs up for those who were so shocked at the original post that they felt the urge to reply right away.

PG, why are you so good at stirring up the feelings of the people who've never heard of you on this forum?

And thanks to most of them, for they truly seem to be allies.

https://www.youtube.com/watch?v=c3noFq9lii0

so amazing.

Remember the last time that happened?

https://bitcointalk.org/index.php?topic=341146.0

https://bitcointalk.org/index.php?topic=335658.0

Taxing my memory, Matthew N. Wright used to do something similar. I know of the practice, but the process eludes me.

EDIT: I even commented in that second linked thread, Justin. Thanks for the input, bud.

I read about that yes. I know how they work and they are quite easy to make. I could write up a tracking pixel in five minutes, but why should I? I don't see the purpose of capturing someone's IP. It's not possible to get data from cookies using a tracking pixel (AFAIK) so I don't see how they can be useful.

Say you wanted to know where somebody is truly located. You send them a PM having such as the content, for only they most likely would be the one opening it up. I believe MNW tried that with theymos or some other. That's the first I even learnt that such a thingie existed. I assumed that practice was nixed somehow on this forum, but I guess I'm mistaken. Nothing another $350K doled out for the forum upgrade can't fix, I guess.

Just for info: There is an image proxy, so tracking data/IPs and even CSRFs attacks against others sites are not possible (anymore) through the image function of the forum.

TF's reasons for using these images is being discusses in this topic: https://bitcointalk.org/index.php?topic=623521.0

I get that, but I don't really see the practical use of that. Other than illegal activities. I'm just glad that my real IP points to a location where I don't live. And that it doesn't matter if I am with my GF or at home.

Anyway, I really hope that the forum upgrade is a great update. I still have my doubts about it, but oh well, not much that I or the whole community can do about it.

Wow! Probably, the strangest thing I'll read today:

http://www.cinemablend.com/new/X-Men-Days-Future-Past-End-Credits-Sequence-Explained-43142.html?google_editors_picks=true


Now, that's some allegory to get your head wrapped around unless, of course, some dude named Plato (thought you'd like that) has you chained to wall in a cave... (http://en.wikipedia.org/wiki/Allegory_of_the_Cave)

Almost one month gone after KNC became platinum member of TBF.
Anyone got the tx id?
Phinnaeus Gage??

It doesn't exist. I've been parsing the blockchain using a variant of John Ratcliffs command line parsing tool looking for transactions in excess of 20,000,000,000 for 4 days limited to the last 6 weeks. There is nothing pointing to TBF. It's too bad Bitcoin only uses block header time stamps. Transaction time stamps would have been much more useful. Transactions can be a lot older than the block time. TBF is lying unless it was paid in fiat which goes against their rules unless they changed the rules. According to their charter they have the ability to change the rules without going to the general membership. I'm confused why anyone at this point would choose to be a member of TBF.

To read the latest issue of Team Beat on the table in the lobby while in queue to have an audience with the Godfather of Bitcoin, Brock Pierce. BTW, most of Brock's cronies have yet to be a member of TBF, including Michael Terpin. How fucked up is that? At least start a Kickstarter campaign to muster up the twenty-five bucks needed if short on funds.

https://encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcQLbdeNuZYcJvDdFQzZ35DuXHHLKe31RFCjQ9H-KADPJPrcGlth

http://www.quickmeme.com/img/4c/4c5c11ef94af180775ee4c9a49753706a2fd730efb436859d4e03041cd1bf88d.jpg

Another incident:
https://bitcointalk.org/index.php?topic=341146.0

What the hell is going on here?

Nope! I'm still waiting for TBF to send me the announcement that there's an election coming up. They had no problem emailing be a couple days after I created a fake account with all fake info, kindly asking when I'm going to send my $25 membership fee.

So was this already forgotten about?

Yeah, it was fun to discuss but everyone knows that lowlifes and Bitcoin go together like peanut butter and jelly. Move along.

congratulations on nothing :)
amazing how many people just read page 1 and not the other 9 pages heh

What is the biggest transaction you ever made? (Including within your own wallet)  Can you post the txid?  

I think it's silly to ask for such private information. You know full well why, for very valid reasons, you won't get an answer...I wouldn't even acknowledge such a request made of me, much less comply...

Oh boy now this is going to get interesting.
I'll congratulate you Phineas for becoming a platinum member of the bitcoin foundation, and look forward to seeing your work.
Bruno is going to be having a fun time there  ;D

#Edit kept reading and now I see what you did there

Would you like to see the tx of the $1M USD via BTC sent from HashTrade to BFL via BitPay as a down payment of a multi-million dollar purchase for Monarchs that was published in the news?

TBF has no choice but to show the tx, for not doing such is against the law. If none was received, then they are in much deeper shit.

Yep! HashTrade was caught lying about their $1M payment to BFL via BitPay, and TBF has yet to show proof that KnC did indeed paid for their Platinum Membership.

There was NO donation, it was a kind of Troll Thread to make a point, read :

https://bitcointalk.org/index.php?topic=621770.msg6891010#msg6891010

Someone should lock this old thread or edit its title :)

Is this a necropost?

I think, in his own way, Bruno is attempting to let everyone know that deals are being made in Bitcoin just like they are made in fiat with a handshake in a back room. Everything that everyone hates about the closed door hidden processes that control government money is happening in the Bitcoin space. Big business is taking over Bitcoin at an alarming rate. It's very likely that from this point forward you will never really know the true direction Bitcoin is going unless someone like Bruno finds out and starts bitching about it. Sure, let's lock the information away so no one sees it.

This so much ^^ . Basically, the back room deals are no different in the Bitcoin world. They take place, and they take place often I'm sure.

Is Phinnaeus Gage still alive?
Where is he lately?
Did the BTC foundation and/ or Brock Pierced have him eliminated?  :o

He created a new account for some reason.

New name is Gleb Gamow.

OK, thanks for the update.
Is he a big supporter of the 'major players' now? 

Yes, Gleb Gamow = Phinn.

Phinnaeus Gage...Platinum...
-->PGP

This is the matter that needs to be addressed by TBF.

The reputation of TBF is already shot to hell; if they show some integrity around these concerns it might go some way to repairing it.

Kudos to Phinn for his artful exposé.

This is not an issue that needs addressing, imho. And bitcoiners of all people should understand that. Disclosing the address(es) used for payment could lead to significant breaches of privacy.

Anyone care to post their largest transaction for hordes of people to scrutinize and track?

IIRC, the Shrem Karpelès & Friends Foundation explicitly promised that all the bitcoins sent to them would be received at that address, as part of their pledge to be transparent.  Am I wrong?

TBF is a 501c3 nonprofit, they don't have a choice but to report it or they're breaking the law. Have a look:

https://bitcoinfoundation.org/static/2014/05/Bitcoin-2013-990-PDC.pdf

Wow I just now noticed this thread, I gotta say throwing away $100k like that is kinda cool  :D I would do something like that but only if I had at the very least 10,000 BTC.
Anyway, @Phinnaeus Gage it's a been a few months now since you joined, any regrets?

I don't think you know but I'm pretty sure he either got banned or left lol he probably won't be posting here unless he's got alt accounts I'm not aware of and is hiding amongst the newbies.

KNC probably just gave TBF a few ASICs instead of shipping them to their customers.  :D

I think he got banned. :)

Brunos's account is now @Gleb_Gamow.

I don't know what all that crap in the link is, but stripping it out the link works fine.

https://bitcoinfoundation.org/static/2014/05/Bitcoin-2013-990-PDC.pdf

$91,637 in "Realized exchange loss" and $15,431 in fines and penalties? (p.14 24a, 24b)

Sheeesh....

Let's look at the assets they have.  Unrealized gains on investments $5,195,589 as of 12-31-13, but at that time BTC price was > 1100USD.  Now it's about 400, which would put unrealized gains on investments at $1,189,305.

Revenue $877k, expenses $-1467K, difference -590K.  

At current BTC prices we have ...
 
2014 = 1,189,305 - 590,000 = 599,305
2015 = 599,305 - 590,000 = 9,305

Bankrupt in 2016?  Unless some sugar daddies come in, but they have their price, don't they?

Let me get this straight.  You are claiming that the inability of those who have looked at the blockchain to locate a transaction which validates the payment of the 100K is no problem.  You are claiming somehow that examining a PUBLIC DATABASE, the blockchain, for the presence or absence of a particular payment is "bad".



Certainly an interesting point of view....

So is TBF bigger than bitcointalk?

I was wondering that too. That makes no sense unless you're just a TBF shill.

BTW: Thanks for cleaning that link up. It was late and I was tired so I just pasted the Google search link. I'll change it to yours.

I don't know what it is with those stupid massively long Google search results.  If I search for a link to XYZ, I want XYZ.  I don't want....

https://Google.com followed by 300 characters of gibberish

Yeah, I don't know what that crap is either?

Usually I'd get rid of it but my head was bobbing and I thought screw it they'll figure it out. lol

Google wants to know which search results you choose to follow.  Thus, instead of  giving you a plain URL to the site XYZ, it gives you a URL to Google.com that says "the user clicked on the site XYZ".  Google  takes note of that, and then redirects you to the site XYZ.

I don't think they actually need to report individual donation TXs, but rather need to report the names of individual donors.

Similarly they do not need to report the actual "bank account numbers" (BTC addresses they received bitcoin in) but rather the state of their finances that are subject to government audit.

This is one example of how TBF is somewhat transparent (although it is probably the only example)

Legendary, indeed

Wow this thread just reminded me, what ever happened to Phinnaeus? Did he say wether he was gOing out did he just vanIsh one day?

Bruno is now @Gleb_Gamow.

Got it.  It's the string with the tracking data that Google could sell off to other companies which tells them your behavior relative to the link/subject/topic.

lol...do you think it's one tx? Just think about how stupid it would be if you could pick two parties and know the amount exchanged between them without their assistance. If a member wants to point to their payments, that's up to them...it would be a breach of imho for the foundation to publish tx of all their members.

The direction of the stupid is fairly obvious here.

I hope to own $100k one day. Probably it won't happen.

Rich man. I have nothing to say but "Good luck!".

He needed a loan from BurtW and used his account as collateral. From the looks of it he has not yet repaid the loan and I would not be entirely surprised if the account has since been sold

How much did he get for the account?

IIRC it was a 2.5 BTC "loan"

It does not appear the loan has been repaid as the account has still not logged in for several months. I would assume at this point that the loan is in default. The account also has much less positive trust then it previously did (I believe it has a lot more previously).

Bruno needed two and a half Bitcoins so bad he hocked his account? I find that really hard to believe. He had thousands of btc at one point and multiple ASIC miners.

Well he was so reckless with his money that he gave away 100k to TBF only ~6 months ago. He has not logged in for several months and is posting under a new name which is generally accepted to be him.

In theory the loan could have been for more, however I hear a rumor that he had posted that he needed 2.5 BTC, then shorter after this Burt had given him positive trust that says he risked 2.5 BTC. I think it is somewhat speculation and somewhat hearsay but I am pretty sure this is what happened.

Wow, that's crazy! I'm going to have to call him as find out what's up.

I cant say I believe that it really happened.

It is indeed something of a mystery.  Nobody from TBF commenting on this thread has seen it fit to validate that the 100K from KnC was made.

Or that the 100K from Phinneas Gage was not made.  

Accordingly I must, give both the benefit of the doubt, and consider them both Platinum Members as of this time.  One recognized, but by the somewhat suspect membership and board of TBF.  Yet the other, in the best Satoshi tradition, has vanished.   This means that only by the logic and algorithms he left behind, may he be understood.  

Indeed it is quite mysterious.

TBF has been a very shady organization for a long time. The fact they have not commented does not surprise me one bit. A lot of their actions and a more then one of their board members really gives Bitcoin a bad name.

Phinnaeus Gage  you have a cool  logo with half brain? ;D

I'm Phinnaeus Gage, Bruno Kucinskas. Said account is being used for collateral for a loan.

~Bruno Kucinskas

Privacy? For this particular instance? We're all aware of the all the players involved, hence privacy is a moot issue.

Besides, we're only talking about $100K here. Recall, last year there was an infamous $1M USD transaction by HashTrade to BFL via BitPay, and the official press release depicted the transaction, whereupon the tx/bitcoin wallet address was easily obtained and showcased, albeit I paid a bounty for said research at the time, later proved to be not needed because of the full disclosure.

At any rate, here's the original press release for that million dollar transaction: http://www.prweb.com/releases/2013/10/prweb11283333.htm

Here's the image on said PR depicting its validity: http://ww1.prweb.com/prfiles/2013/10/29/11283333/gI_81188_1mm-BTC-Transfer.jpg (link included for somewhat larger pic)

http://ww1.prweb.com/prfiles/2013/10/29/11283333/gI_81188_1mm-BTC-Transfer.jpg

BTW, the above transaction turned out to be fake because the bitcoin wallet address that HashTrade supposedly used turned out to belong to Butterfly Labs thanks to my invesitgation: https://blockchain.info/address/1QAHVyRzkmD4j1pU5W89htZ3c6D6E7iWDs

Sadly, nary a single Bitcoin-theme periodical has reported either of my findings, as if the subject is taboo or infected with ebola, thus not wanting to touch it with a ten-foot pole.

~Bruno Kucinskas

Thanks to the link, I discovered The Hole of Roy LLC, then https://twitter.com/cryptocurrency/following registered at the same address. Note who Bitcoin Project follows (there's only 5).

The domain name was registered by Jon Matonis: https://twitter.com/jonmatonis


Looks to me like he has all the ingredients to be Satoshi Nakamoto.

The above is accurate, except for the part of the account being sold. BTW, I would entertain selling it to pay off the balance and pocket the change, with BurtW acting as escrow if anybody's interested.

~Bruno Kucinskas

I've yet to mine a single satoshi with any type of bitcoin mining rig.

https://bitcoinfoundation.org/static/2014/05/Bitcoin-2013-990-PDC.pdf

The above was last year's return, thus won't reflect this year's $100K payment to TBF from KnC.

Note Gavin's ~210K USD yearly salary, even though he's on record in stating that he could easily retire off the bitcoins he owns even though he hasn't mined in quite a while.

Didn't you lose over 1000 coins to Davout? When Bitcoin100 first started you were giving out whole Bitcoins to honor the pledges of anyone that defaulted. You must have been sitting on a fat stack of btc to be able to do that. If you never mined, even with the miners you got for free, where did you get all the coin? Did you buy them?

Phinneas = Gleb = Bruno was pulling a prank with his original post.  Check this thread, a couple of pages after that.  His aim was to have people look search the blockchain for 100 k$ donations to the TBF.  AFAIK, none has been found. 

You are kidding, right?AFAIK, Jon's knowledge of computer science is not compatible with the style and contents of "Satoshi"'s paper.

Exactly. Phin's point was don't believe a claim without proof. AFAIK, no one has been able to prove anyone has paid a membership fee...the foundation doesn't publish a privacy violating list of payers / identities & addresses...duh. The expectation that large membership fees would be paid in a single tx is a bit misguided, imho.

Well, I had understood that they promised to accept donations only through a specific address, precisely so that everybody could check their accounting.   

But that is indeed an interesting philosophical question: how can we get to trust a Foundation devoted to the cause of a trustless anonymous payment system.   ???

that is some sick money man

That is, when they refuse to earn your trust by their actions and provide weasely excuses.  Better stated, someone arguing for their policy on this thread does so, BTF itself remains silent.  The receipt of a string of payments to a pay to address by a charity or non profit is in fact proof of their work.  The payment of a single sum by one donating/joining is in fact proof of work.

One should of course use a different sending address each time, if desired.  This is so elementary.  Bg002h seems to advocate something different.

Very interesting  indeed.  Relations with the F would have to be trustless, given the circumstances.

I will give the benefit of the doubt and assume both P and P are Platinum.

The question is, why do we need a foundation and what has having one done for Bitcoin? Look at the bylaws of the foundation. Specifically, the permanent founding members list. Do you trust an organization with members that can't be removed?

100k for just one year?  You have to pay again next year to maintain your membership?  That's gonna add up quickly.  I would think 100k would get you a lifetime membership but to each his own. 

I've Tl;DRed this thread. Bruno did you really pay 100k to become a platinum sponsor of the foundation?

No he didn't, Thread is well worth a read.... seriously :)

https://bitcointalk.org/index.php?topic=621770.msg6891010#msg6891010

for the TLDR

Thank you for that.  I completely misunderstood the OP.

Damn, slick PG. Good work. But honestly is anyone surprised about the BCF being corrupt?

Sounds like a great Idea.. Maybe I should do the same. It looks like anyone can claim that they paid that amount, so why not? Im not sure what to think about bitcoin foundation.

I don't want them representing me.
PG proves himself to be an real gumshoe and digs up the dirt that needs sunshine for disinfection.
The Bitcoin Foundation needs to go away - who gave them power to represent Bitcoin, anyway?

The fact that Andreas Antonolpoulos quit the Bitcoin Foundation says it all.

I am surprised that Gavin Anderson is working for the Bitcoin Foundatin.

All of the "believers" that were here when they formed it gave them the power by giving them the membership fees. There were many more people that refused to join (like me). They made their forum closed to everyone but members and secretly plot the direction Bitcoin is headed. We commoners must wait for a foundation member to grace us with information or leak it to the press before we know anything. They don't represent all Bitcoiners. They don't even represent them just in the U.S.

Respect to Andreas Antonolpoulos for rebelling against the royal family.

Probably it would be nice to have an organization of USERS and CONSUMERS of bitcoin.  Just to make clear the differentials.

So, the answer is we already have this organization and its called bitcointalk?

you paid $100k to join this corrupt and pathetic organization? I don't believe it.

Perhaps this thread should have a "(NOT!)" appended to the name.  Or a big red warning on the original post, "caution, read this thread up to this post (https://bitcointalk.org/index.php?topic=621770.msg6891010#msg6891010) before replying to the post below".

Andreas walks the walk:

         AndreasMAntonopoulos @aantonop

        I can no longer have even the smallest association with the Bitcoin Foundation, because of the complete lack of transparency

    Gavin Andresen @gavinandresen

    @aantonop "complete lack of transparency" ? Ummm.... so you think the Foundation is completely opaque? Really?
    


https://www.cryptocoinsnews.com/andreas-antonopoulos-leaves-bitcoin-foundation-complete-lack-transparency/

Can't say we haven't been warned.

This thread is based upon a lie, perhaps it should be allowed to die?
...or is 'deception' to expose deception a good way to do things?

You are kidding , arent you . This cant be real ... i mean what makes this tbf so special

Pay $100K then steal $50 Million or more... learn from history.  :o

I agree with that.  But consider that TBF has a rep going to a US Senate hearing.

Bitcointalk does not.

But it could have....

Lol, Phinneas Gage has pwned more people than anyone I have ever seen, with this thread.

Yes, things have to be sufficiently subtle to be well, interesting.

I wish it wouldn't. Bitcoin is sovereign and does not need to placate politicians. If a government wishes to consult with any developer or bitcoin advocate they can.

I don't think it was a coincidence that Satoshi went dark the moment Gavin mentioned he would talk with the CIA, nor do I believe it was wrong for Gavin to have the right to speak with the CIA and can also understand his motivations. What we don't need is any formal representatives or company in our community. In fact we should have a diverse group of users and forums representing Bitcoin in a decentralized manner.

i dont get why u spent so much on this guys who do nothing for us just plan to make themselves rich.

but this is crazy money for me. propably for u its pennies!

I see it a bit differently.  My view is that if a government agency wanted to exert their heavy hand, as NY did with subpoenas, then there should be nobody to address that subpoena to.

But if an agency or body such as a Senate committee wished to simply discuss a matter, and have facts entered into the record concerning it, there perhaps should be individuals whom would talk with them.

Maybe a group with no structure or leaders could ad hoc nominate on the spot such a person.  I don't know if that would work.  But it might be the right direction of the question.

i would not drop a dime on them..

100k is crazy to join and not even be sure u did!

I think we mostly agree. A group or individuals can be asked at any time by governments. This list can easily be found by looking up edits on github or asking outspoken public figures. We as the community could encourage certain individuals to represent us like Andreas Antonopoulos but this is largely irrelevant because industry bitcoin leaders and prominent speakers will naturally offer to contribute without us voting them in as has been the case.

Where we may disagree is the fact that I like that the mainstream press gets opportunities to interview a wide range of bitcoin proponents from being eloquent, weird or controversial. This makes bitcoin more inclusive and is an honest representation of its users. I don't want slick "representatives" sugar coating bitcoin for the world to digest and would rather have honesty instead.

You know what I can't believe about this thread? How many bitcoiners participating in sig campaigns came here to only commit on its title, extremely few taking the time to read the OP, let alone subsequent posts or to glance at the last page, doing such to only satisfy their contract arrangement to get paid off my efforts.

I think anyone - or any government or group - who understood the nature of decentralized peer to peer monetary systems' imminent rise would take very seriously the suggestion of said decentralized group as to a spokesman.

You are certainly correct that as always has been the case in history, the narcissistic sociopaths, glib talkers, and many other varieties generally promoting their own self interest will be eager to step forth and shine in the spotlight.

I view this as irrelevant as the actual decentralized trend will sweep them away as little bits of flotsam on a breaking wave.

How is that :o by paying that money he became on their staff or what exactly because I didn't understand very well

Sig campaigns seem to be this forums whole purpose now. That's why I have show signatures turned off.

Wow man, this is a lot of cash. Thats huge cash, you must be very rich, or don't know what you are doing or ... i don't know something about Bitcoin Foundation where are actually criminals and scammers :/
Wish you the best though

Completely agree.

And getting back to the matter Phin raised - will TBF provide evidence that they correctly received the USD$100k donation from KnC to validate KnC's Platinum Membership and associated voting privileges?

Silence on this matter is not indicative of lack of transparency it is indicative of corruption.

 :(

Should of had a v8

If there is so much angst against the foundation, why don't people just organise a new one?

Because we're too lazy. It's much easier to sit behind a keyboard and bitch about the current one.

Many of us are opposed to any foundation representing bitcoin and prefer the protocol to remain mercurial, fluid, and dynamic.

All of the forums combined represent the metaphorical foundation.

^
|
V

I would say that it is more because there is no real need for any kind of official group of foundation that "represents" Bitcoin. People will work on the bitcoin code with or without the help of TBF (or any other similar entity). The market is self-regulating and there is no need for TBF to assist in molding the market

Obviously having an entity to "govern" bitcoin in any way would negate bitcoin's very goals.  The situation of Gavin wrt the Foundation wrt the blockchain is already, ahem, interesting.

However, there could be

* A Foundation to sponsor technical studies, education, etc. -- but not to control the blockchain, protocol, or core software, or represent bitcoin to government, or engage in business.

* A Trader Association, to publish standards and ethical guidelines for exchanges, pressure them for openness and independent auditing, and evaluate them for compliance;

* A  Miner's Association, to do the same for miners.

Ideally these institutions should have a low fixed fee, and refuse donations.  Otherwise they would soon be "owned" by a few large members, and will cater to their interest even when it is against the interest ot the majority of the memebrs.  Which seems to be the current state of The Shrem Karpelès & Friends Foundation...

I would accept your suggestion that some foundation/entity sponsor research, although I still think that major stakeholders of Bitcoin would pay for and facilitate such research. I think that people would likely be willing to donate to such an entity to help pay for this kind of research.

I would reject both a trader association and a miner's association. The fact that the market is self regulating would make it difficult/impossible for an exchange without transparency and ethical operations. Having a miner's association would potentially open the network to 51% type attacks as the miners would literally be working together

Well, the exchanges now are all but transparent.  Are they solvent?  Are they front-running their clients?  Are they faking orders and traffic?  Do some clients have special privileges (like a few seconds advance knowledge of the order book)? 

For a 51% attack, it suffices that the 3-4 largest miners collude.  That is much easier backstage than through a professional association.  On the other hand, a miner's association could better spot and sue fraudulent manufacturers, for example.

It is easy to say that.. However, organizing a new one is a lot harder than you think.

There is also a very large amount of fiat to bitcoin trade done outside of exchange and people are willing to pay large premiums to not have to deal with an exchange, much larger then the trading fees, so I would argue that the market is self regulating because the exchanges are not more transparent.

A professional association would set up a forum for miners to communicate that may not otherwise be possible. I don't think operators have a lot of interest in communicating with other pool operators, and since it would likely take more then two pool operators acting dishonestly to launch a 51% attack it would be difficult to bring at least three pool operators together like this without risking your plan leaking without this kind of foum

It's a matter of finding the right people for the job.
If a collection of well respected individuals teamed up and decided to create a new organization and the community built itself around it then that might be the best way of approaching it.
Hard to get that collective sense of unity and objective going though.

then you will have 2 fundations, and who would tell which one is the right one?

That is easy, the one with longer blogchain will win.  :D

There would not be any 'right' or 'wrong' foundation. TBF as of now only promotes Bitcoin and hires devs to try to improve/patch weaknesses in the protocol.

The main issue with TBF right now is that they have gone though a lot of controversy and is not very transparent

Wow. That's great! I hope they do something worthy to deserve it!

To date, nary a Bitcoin-theme periodical has penned an exposé exposing that KnC did not indeed pay TBF $100K USD via BTC for their Platinum Membership.

Likewise, nary a Bitcoin-theme periodical has penned an exposé exposing HashTrade for not REALLY paying BFL that infamous million dollars via BitPay for a shitload of Monarchs in October, 2013. Is it because HashTrade and its sister companies, LiquidBits, NimbusMining, and Nitsolus, all under the auspices of Coinware, are all controlled by none other than the Jacobson brothers, Jean-Marc and Remy, who in turn control respectively the Canadian and Miami Bitcoin Embassies?

What gives, you news guys?

~Bruno Kucinskas

I suppose it is just a rhetorical question, but anyway: the Bitcoin sites are supported by Bitcoin enterprises, not by individual miners, traders, and  investors.  Running an exposé on one company could result in a dozen others like them to take their ads and press releases elsewhere.

You don't expect to see articles in traditional media that say bad things about products that are (or may be) advertised there.   When that happens, the author or magazine may be tacitly blackmailing the company, "you give us {a free sample|your ads} or we will continue to badmouth you".

EDIT: Many years ago, famous science fiction author used to run a hardware/software review column in the Datamation magazine, where he almost boasted of doing that.  In one issue he would write "I tried the new IBM FooBar PC, it was junk".  In the next issue, "The folks from IBM gave me a Foobar PC as a free sample, and I found that it is actually wonderful."

I have a writer working on this right now on CryptoCoinsNews.com.
Rick has been doing some excellent work on digging up info on what KnC has been doing.

Great, bud. And when he's done with that he can look into that $1M USD via BTC that HashTrade never paid to BFL via BitPal for Monarchs.

Meanwhile, looks like the pressure of this episode is taking its toll: http://dealbook.nytimes.com/2014/10/30/bitcoin-foundations-executive-director-jon-matonis-resigns/?_r=0

I, too, would distant myself if I smelt something coming from upwind (or is it downwind?).

Amazing how little ol' me got three honest nests all shoken up in just under 48 hours.

Definitely some weird stuff happening there as well.
I wonder which direction it will take now.

http://www.reddit.com/r/Bitcoin/comments/2ldjk7/hello_rbitcoin_im_patrick_murck_executive/cltw3nv


http://www.reddit.com/r/Bitcoin/comments/2ldjk7/hello_rbitcoin_im_patrick_murck_executive/cltxn70


Ask for proof, and receive a non-proof reply.

The Bitcoin Foundation has no problem disclosing multitudes of tx exceeding $100K but have yet provide the $100K payment from KnC Miner. At the very least, it's now implied that the supposed payment was remitted via bitcoins and NOT via a check, et al.

Surely, TBF is not trying to keep the BWA used from being uncovered fearing another tipped can o' worms causing a stampede, are they?

Feel free to chime in on TBF's AMA over on Reddit: http://www.reddit.com/r/Bitcoin/comments/2ldjk7/hello_rbitcoin_im_patrick_murck_executive/

There's absolutely no doubt about it, TBF have to provide proof of the transaction on the blockchain; it's the only course of action that will restore confidence in the operation of the Foundation and the credibility of the directors.

 :-\

Five months and counting, with Patrick Murck brushing aside the concern yesterday on his AMA on Reddit: http://www.reddit.com/r/Bitcoin/comments/2ldjk7/hello_rbitcoin_im_patrick_murck_executive/

Departing his announced softball game with a link to a Conan YouTube video mocking Satoshi:

Such an old topic

Yes it is. Why did you necro a thread about a dead organization? They are a USA non-profit that hasn’t filed a IRS 990 form since 2014. Let sleeping scumbags lie.