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21  Bitcoin / Bitcoin Discussion / Re: A serious proposal for a replacement non-profitable elected Bitcoin Foundation on: February 21, 2014, 12:27:35 AM
Well this is hard to do. Who would we nominate?
Not everyone should be allowed to vote. Not everyone qualifies to vote. We don't need random people from the altcoin (hello doge community, no offence) voting for randoms.
First the current Foundation has to be disbanded. I'm not sure how we can get this to happen either.

I think we can operate along side it. The current foundation will die a slow death if donations cease. The first objective will be to get a site up and running (which is in the works as we speak) and a forum for ideas to be debated and decided upon. With alot of hard work, transparency and honesty we can make the old foundation redundant.
22  Bitcoin / Bitcoin Discussion / Re: A serious proposal for a replacement non-profitable elected Bitcoin Foundation on: February 21, 2014, 12:26:09 AM

PLEASE VOTE IN THE POLL

The communities response to my other thread referencing the current foundation has been more than a surprise. It seems that the foundation has been self appointed, appears to be self serving and is doing so whilst accepting dubious donations.

I propose therefore, that the community dissolve ties with this ponzi scheme and set up a new Bitcoin Foundation.

The core principles should be:

1. Accounts are made public. Spending must be focused entirely on furthering the Bitcoin idea i.e ATM's Marketing etc and Donations must be logged for public viewing (Donors can choose to remain anonymous)
2. Anyone can run for election to be on the foundation and is not restricted to large stakeholders or those with business interests.
3. The foundation is re-elected annually capped at a maximum of 2 years.


Please post with your suggestions. The community decides who represents and how they are represented.

The current foundation has 3 board seats for non-industry members. 3 seats for industry. 1 seat for a tie breaker. Anyone can run for election for 6 of the seats, member or not...but only members vote. Terms are 2 years.

And can i ask..the most important question: Are their accounts publicly available for scrutiny~? There is a big difference between the proposed and the current. The proposed would be a Non Profit Organisation, would not have matt 'i lost all your money' karpeles on it and would have public accounts. Where do all the donations go? In someones pocket?
23  Bitcoin / Bitcoin Discussion / Re: A serious proposal to set up a new non-profitable elected Bitcoin Foundation on: February 20, 2014, 11:29:30 PM
Of course one could put a CAPTCHA to prevent robots, but it is inevitable that people with a lot of ressource will cast more than their share of votes; for example by paying (many) people to register multiple accounts and then vote.

You see - keep trying - there is simply *no* way to do it which is perhaps why we need to get over the whole "1 person 1 vote" concept.

It is possible to alienate spam accounts by having each votetlogged via mac id. Of course this can be circumvented by those using multiple devices, but how many can people reasonably log into and vote on? 4? 10? I wouldnt say more than 10.

This can be perhaps be negated by having a set vote time for only a short duration. I.e A 1 hour window to cast votes.


Alternatively the selection could be made randomly. This may seem daft but would it really be?
Imagine 40 people put their names forward-  20 Bitcoin Businesses, and 20 individuals. 5 from each could be selected randomly online via a live stream. This would remove the element of vote rigging and as its random we would be calling up possibly ever aspect of the community.

This thread is mostly to gather the thoughts on the community regarding a new foundation with a little bit of brainstorming.

Im sure there is a workable way to do this.
24  Bitcoin / Bitcoin Discussion / Re: A serious proposal for a replacement non-profitable elected Bitcoin Foundation on: February 20, 2014, 11:21:12 PM
I support:
1) multiple foundations to further the cause of bitcoin,

additionally, I support foundations:
2) to further the cause of all cryptocurrencies,
3) that are organically formed, meaning community centered, mission oriented, bottom up elections, top down management, and all around accountability,
4) with a clearly stated mission, plain language bylaws, and self funded (dues, events, etc)

I believe there should be multiple foundations and that at least one of the foundations should:
5) form in an ad hoc fashion so as to allow for a great airing of views, and to allow the community to get to know itself
6) after about 1 month of open community discussion, a steering committee (SC) should be formed for ALL of those who wish to serve on that committee,
7) 3 days after formation, giving time for campaigning, the first meeting should be convened where each member will formally introduce themselves to the SC and indicate what skill, experiences, talents, and/or resources he or she wishes to contribute to the foundation.  For example: Hi, I'm Bob Jones, email: bob.Jones@gmail.com, owner of Bob's Bits, a bitcoin exchange; I'm a CPA and I would like to run for treasurer and chair the finance committee, I've worked for ...   This introduction can be done in different ways, email, skype, forum, or many other ways. 
8 ) After everyone has been introduced to the SC.  Someone (anyone) should move that an election be held immediately to determine the leadership of the SC.   
9) Vote immediately for 3 leaders, in case of a tie create a fair tie breaker
10) After the 3 leaders are elected, the three should vote for Chair, Vice Chair, and 2nd VC of the SC. 
11) After formation of the leadership, the leadership should form: a bylaw committee, a finance committee, a election committee, and any other committee(s) they feel necessary for the formation of the foundation. 
12)  After all of the committee formed the Chair should determine the committed chairs for each committee. 
13)  Each committee chair should solicit the help from the SC population for committee membership to help determine goals for each committee and to achieve those goals by the next meeting 20 days later.   The leadership should be available to assist all committees
14)  At the next meeting it should be announced :
           -  a name, website address, and email address for the foundation,
           -  the bylaws for the foundation have been determined
           -  $X amount of funds have been collected 
           -  Y# of members
           -  a formal election of board members has been scheduled for ____ date
 and     - any other info to report

15) after each report the chair of that committee should move for adoption of that report and recommend it be accepted by the full committee.  The motion should be seconded, and a majority vote of the full SC will determine the fate of the motion. 
16) after all reports are adopted the meeting is adjourned until the date of the election of the board members.  The bylaws will pickup from there





If done right, it will be very, very, hard work,  you will make many friends and a couple enemies (some for no reason at all), you will have the transparency, you will have the necessary leadership, you will have your goals, and you will have a way of achieving those goals.





After the positive feedback shown Ive decided to push ahead with this venture. I like some of your ideas and will be a great template for something that we can do. I have no interest in being a board member on this foundation Im supporting it as Its badly needed. Alot of faith has been lost with the current Bitcoin foundation
25  Bitcoin / Bitcoin Discussion / Re: A serious proposal for a replacement non-profitable elected Bitcoin Foundation on: February 20, 2014, 04:29:02 PM
Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy

Mixed reviews so op are you going to be doing this?

I could set up the site if there was a need.
26  Bitcoin / Bitcoin Discussion / Re: A serious proposal to set up a new non-profitable elected Bitcoin Foundation on: February 20, 2014, 03:40:48 PM


    • Who would decide who wins the election
    • Anyone with a Bitcoin business should be allowed or disallowed to become a board member
    • Who owns the domain and the non profit organisation?
    I


    1. I think this can be done online safely with a vote. I'm sure the community has the expertise  to create a system that would not be compromised.
    2. A 50%-50% of a board split between Bitcoin Business owners and non Business owners would be a fair compromise? This would better reflect the communities ideas as a whole. I dont think it would be fair to alienate either.
    3. I believe the person who registers the organisation and the domain should be restricted from being a member of the board. They should be responsible for the administration of the election.
    I agree that there should be no lifetime membership. In fact I dont see a reason to have membership at all. Any donations should be considered as a donation to the Bitcoin cause and not to join an elitist club.

    The foundations purpose should to facilitate the adoption of Bitcoin and nothing else.

    I propose that Board meetings are public via live stream.
    [/list]
    27  Bitcoin / Bitcoin Discussion / A serious proposal for a replacement non-profitable elected Bitcoin Foundation on: February 20, 2014, 03:13:28 PM

    PLEASE VOTE IN THE POLL

    The communities response to my other thread referencing the current foundation has been more than a surprise. It seems that the foundation has been self appointed, appears to be self serving and is doing so whilst accepting dubious donations.

    I propose therefore, that the community dissolve ties with this ponzi scheme and set up a new Bitcoin Foundation.

    The core principles should be:

    1. Accounts are made public. Spending must be focused entirely on furthering the Bitcoin idea i.e ATM's Marketing etc and Donations must be logged for public viewing (Donors can choose to remain anonymous)
    2. Anyone can run for election to be on the foundation and is not restricted to large stakeholders or those with business interests.
    3. The foundation is re-elected annually capped at a maximum of 2 years.


    Please post with your suggestions. The community decides who represents and how they are represented.

    .




    28  Economy / Digital goods / Re: Selling the domain www.theblockchain.co.uk if anyone is interested on: February 20, 2014, 02:37:49 PM
    What price are you accepting for this domain?

    Please pm
    29  Economy / Digital goods / Selling the domain www.theblockchain.co.uk if anyone is interested on: February 20, 2014, 02:31:27 PM
    I've had this for a while and the project has come to a standstill and think its better to offload this to someone who can make better use of it.

    If anyone wants the domain pm me. Im not looking for a ridiculous amount.
    30  Economy / Speculation / Re: Will the bitcoin price rise or crash? on: February 20, 2014, 01:37:48 PM
    Yeah, but do you think it will rise to what it once was? $1000 etc?


    It all depends. Bitcoin is due to receive government attention this year. If it is banned out right  then Bitcoin dies . This will mean the value will drop next to nothing within about 48 hours. This is an unlikely scenario however as this would need to be a simultaneous decision accross western nations. I say it is much more likely to be banned in authoritarian states such as Russia, China etc than in the West. Much on Bitcoins future relies on how the USA and UK governments react to it.

    The most likely scenario is that it will be lawful to trade it but will be regulated. The extent of this regulation will influence the price. Naturally the more stringent the regulation the worse it will be for Bitcoin as it makes it more inconvenient to trade.

    What to do: Sit tight and read bitcoin news 24/7.  The market is volatile and if you have $2000 in your account on standby you can double your money in 48 hours if you buy and sell at the right time.

    The value is falling and I would expect it to fall gradually over the next few weeks. The key to the price is the media atm. Reports either negative or positive are having a big impact.

    31  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin, Litcoin, and Peercoin Insync on: February 20, 2014, 11:57:50 AM
    They are essentially clones with different names so its no reason they are following each other. Any differentiation will be down to speculators rather than the success of each coin.

    Essentially if bitcoin fails so too will the other two. There really is no need for either litecoin or peercoin to exist.
    32  Bitcoin / Bitcoin Discussion / Why should I join the Bitcoin Foundation on: February 20, 2014, 11:06:42 AM
    What benefits do I get for paying the $25 individual fee? Should this be considered a donation?
    What benefits platinum members get makes me wonder..for $100,000? Inside knowledge so that I can play/manipulate the market?

    This looks like a ponzi scheme.
    33  Economy / Speculation / Why the price is low and will rocket within 2 months on: February 19, 2014, 11:32:25 AM
    Bitcoin is priced artificially low right now. The market price is being purely sustained by casual and newbie buyers who have not been on the Bitcoin scene very long. The serious investors, those that follow Bitcoin news daily, check the markets hourly are all keeping their hands in their pockets waiting for this last final dip. The price wont go lower than £350 (its £396ish on localbitcoins which i use as a true gauge of bitcoins value). As Gox and the other exchanges clear up their problems and more and more good news comes in..it will be hard to keep the price this low.

    My prediction:
    Price will float £380-£400 for the remainder of the week and will creep up to £450 within 2 weeks.
    Anyone who didnt buy cheap will deal their hand and the price will go from there.

    £1000 by year end.

    What is your prediction for the price of Bitcoin this year
    34  Other / Meta / Who is the owner of this site on: February 15, 2014, 09:08:40 PM
    Hi guys can someone provide me with the contact details of the site owner - many thanks Smiley
    35  Other / Off-topic / . on: February 14, 2014, 07:53:30 PM
    .
    36  Bitcoin / Bitcoin Discussion / Ill tell you who is/was responsible for the DDOS attack on multiple bitcoin site on: February 13, 2014, 03:06:19 PM
    Removed
    37  Economy / Service Discussion / Re: Is BTC in MtGox Lost? on: February 12, 2014, 03:44:54 PM
    Will we ever be able to get it out?

    Opinions?

    Certainly not lost. As to whether you will be able to get it out is anyone's guess.

    Only Gox knows and I feel they should come out with a statement. The fact they have said nothing makes me think there will be bad news for some.

    38  Bitcoin / Bitcoin Discussion / New Ethical Community focused Bitcoin Trading Site on: February 12, 2014, 03:35:07 PM
    Hi guys,
    I am in the process of launching a new Bitcoin Trading Site and would like to get the communities feedback as to what they would hope for in an ideal trading platform.
    I'm hoping this can be run on a not for profit basis- its goal purely to support the idea that is Bitcoin and crypto currency.

    As such I'm hoping that there can I can support trading with the tiniest amount of fees (think 1p per trade). This would all go to server/website maintenance.

    Whilst there are a few trading platforms available I feel they are purely private enterprises which seek to profit not support Bitcoin. Im hoping I can create a site which is the very antithesis of Mt Gox.

    Aside from low fees and the equally popular and safe escrow transferral method what top 5 items would you like to see in a new trading site?
    Forums, live chat etc..

    Your feedback is much appreciated.


    39  Bitcoin / Bitcoin Discussion / Finally a financial institution with some sense. on: February 12, 2014, 03:25:35 PM
    http://www.coindesk.com/africas-largest-bank-trials-bitcoin-integration-system/

    I always presumed it would happen in Africa first and it seems its going to go that way. Hopefully they push ahead with their plans and go live. This will put pressure on all banks in that economy to start accepting to as the national currency would already be put on a parity with bitcoin.

    This is so significant because...if bitcoins as fiat in south africa then it gives western countries two options:
    1. Stop trading with South african banks
    2. Continue trading with South African banks and allow bitcoin to be converted to dollar and pound sterling indirectly.

    i.e Bitcon to Rand...Rand to USDOLLAR OR GBP
    Bitcoin offers real hope to citizens of third world countries whose currencies devalue daily. It enables them to do work in the knowledge that they can somewhere be fairly remunerated elsewhere.

    People are so short sighted that they only look at the current circumstances to assess whether bitcoin is viable. In war torn countries where the national currency plumments, or in a potential regional war...bitcoin CAN be that piece of stability when everything crumbles around.
    40  Other / Beginners & Help / can't post on: February 12, 2014, 03:15:08 PM
    The policy to not remove anything worked when the forum was small. Now that we have thousands of posts a day, we can't afford 50% of them being junk. The moderators are now instructed to be less tolerant of low-value posts.

    Some guidelines:

    1. Free speech - you can say anything as long as it is relevant and presented in a calm and polite manner. Swearing, SHOUTING etc. make your post more likely to be removed.
    2. No zero value posts or threads, like "SELL SELL SELL"
    3. No pointless or uninteresting threads.
    4. No referral code spam
    5. No NSFW content

    Hi, I joined the site today. Why cant i post new threads?
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