Oh thanks, yep that's him. I guess at least one arrest has been made.
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I think its time for action i had enough, enough is enough. The foundation must be destroyed.
IF we for example setup a new bitcoin superfund, MP can possibly head this fund which will result in the creation of a new foundation with core values such as :
- rapid and ongoing bitcoin software development - Focus on marketing and promotion of bitcoin - Lobbying Governments - Providing educational services for the public & business - Transparency (financial accounts must be audited)
Would the community support such an idea/ would MP like to head such an initiative? (atleast until we can vote in a learship board ?)
i think it's time for action and would love to come together as a community.
I also think you should do this. The BF is an organization supporting the spread of bitcoin. it is not the organization. You will be doing mostly the same thing that the BF does, except for "rapid bitcoin software development". I suppose that means you are also starting another client project, or a fork to another coin? Your team will need: -Lawyers -Experienced professional lobbyists -Business professionals (min. MBA +5 years as CEO or owner) -Professional educators / presenters / curriculum writers -Professional auditors and tax preparers who understand crypto -If you are writing code then programmers / project managers / a beta team / etc.? It will be a lot of work and cost a lot of money, but so does anything good. I say do it! P.S. This is not going to destroy the BF.
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Phinnaeus, I would have thought this beneath you.
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What if some time in the future, one person winds up with all the mined bitcoins? What then? Would Alt currencies be used?
What are your thoughts?
What happens when you own all the money in Monopoly? Game over! lol, I think that's right. Why would anyone want bitcoin if one person owned it all? That "omni-whale" would have spent billions to acquire something that now has no value or users.
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Damn. It's beautiful. It might just be worth the divorce I would have to get.
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we need bitcoin police Coming soon. Whether you like it or not. I would be satisfied if the police I already pay for gave a crap.
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has a BTC thief ever actually been tracked down and caught before? Hell yeah. Trendon T. Shavers Charlie Shrem Ross Ulbricht Neither Charlie nor Ross was caught for stealing. It was money laundering and drug dealing. As far as Trendon, I can't find any proof he was convicted of anything. But he may have.
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I'm not aware of anyone caught for stealing BTC. That should explain everything we need to know about protecting your bitcoins. If you think using the same measures as you use for your face book account is sufficient, then you are about to be robbed.
You are the bank and the cop in bitcoin.
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It's crazy how this works. We finally have money that is free of the corruption of banks. But the first thing many people do with their coins is put them in a "bank". I use quotes because they are not banks are they?
Would you let a random person from another country borrow your car? Then why are you leaving your BTC with them?
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Let this remind us all that bitcoin...: ...was not conceived as an investment vehicle. It is a currency. "Investing" real money in something like bitcoin is insane. Invest no more than you can loose completely. ...unlike dollars, allows you ownership of your coins. If you don't have exclusive control of your private keys, then you do not own any bitcoins. When using exchanges, exchange and get out immediately. ...is volatile. Far to volatile to not hedge. If you suddenly find bitcoin is 80% of your wealth then you should sell some for gold, real estate, financial instruments, etc. Diversify! Sorry man. It sucks that you lost so much.
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hyunsookmom, you are asking a thoughtful question that requires a nuanced answer. Such an inquiry would take research and need facts to base things on. This is bicointalk, WTF is wrong with you! Just kidding. I think people like to believe that when bad things happen it must be a consciousness working against them.
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I'm going out on a limb here and saying it has something to do with the relationship between supply and demand.
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Actually this is what makes the scam more perfect. You're covering it up by 'using' money for this, while you're actually taking more for yourself.
Oh I am? That's quite a surprise, but I'll take it. Where do I pick up my share of the scam money? So let's break down your statement and associated premises. 1. There is a grand scam. But you can't explain it because it is so....? 2. There is a coverup. The proof of the coverup is the denial of the grand scam. 3. I'm involved and taking the money for myself. What money, I have no clue? Sorry, not you (badly written sentence). Let's say the CEO of TBF is covering it up... I'm not blindly defending the foundation here. The crap with Charlie was ridiculous and criminal. But that was a shock to BF members also. Not having a foundation or foundations (the more the better IMO) means surrendering your rights to the ignorant whims of policy makers. Instead of tearing down an organization that fights for bitcoin, why not start your own? The BF does not officially represent bitcoin. That means anyone can start their own. It also means you can argue for different positions on issues. For example, some here believe that bitcoin should be totally anonymous and/or nontaxable. A new group could be formed to push for that agenda. I would love it if this happened! To argue this you will need to hire a lawyer/lobbyist and set up some meeting in Washington. It is going to be expensive, so your going to need money from your members. These members will be backing an idea with a zero sum. The lawyers are either going to convince lawmakers that bitcoin should be exempt from U.S. law, or they are going to get nothing and like it. That is why I support the BF. They are in the best position to get something done because they take smarter positions. If someone else has a better idea, I'm all ears.
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Yeah, what a scam to take peoples membership money and use it to organize conferences, lobby regulators, provide a resource for business and the press, to provide a space to coordinate the volunteer efforts of dozens of people who actually do something. Wow such scam! Only a doggy based coin could save us now. Actually this is what makes the scam more perfect. You're covering it up by 'using' money for this, while you're actually taking more for yourself. Oh I am? That's quite a surprise, but I'll take it. Where do I pick up my share of the scam money? So let's break down your statement and associated premises. 1. There is a grand scam. But you can't explain it because it is so....? 2. There is a coverup. The proof of the coverup is the denial of the grand scam. 3. I'm involved and taking the money for myself. What money, I have no clue?
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The reason for starting a new bitcoin is simple: We can assume that 50% of all bitcoins mined are either held by wrong persons, or are lost.
Be sure to include a list of who you believe the "right people" are. We may have to recreate bitcoins many times until we are sure that none of the wrong people have them. Perhaps an alt coin that redistributes all the coins each time there is a spend? That way nobody has more coins than anyone else, which would be unfair to the lazy.
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Yeah, what a scam to take peoples membership money and use it to organize conferences, lobby regulators, provide a resource for business and the press, to provide a space to coordinate the volunteer efforts of dozens of people who actually do something. Wow such scam! Only a doggy based coin could save us now.
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It might be worth mentioning that there is no evidence of anything but incompetence at Gox.
Unfortunately, it seems as those who were dimwitted enough to have money/BTC in MtGOX will believe in absolutely anything else other than this. To them it's unfathomable that they fucked up. I fear your right. These are the same people who, in an earlier time, might have sacrificed a goat to appease the weather gods who are causing all this drought. stop fooling us, you don't even believe what come out of your mouth, no evidence? what evidence do you want? a video of Mark Karpeles sending bitcoins to bitstamp and selling them into an offshore account in name of CEO Mark Karpeles? How about any evidence? I'm not saying there is no criminal activity going on at gox. I'm saying you and I don't know. What would you say at his trial? "your honor, the accused is guilty based on my hunch." You will need facts in court, except in the court of bitcointalk. Here you can say anything is a fact and anyone who disagrees must be in on the grand conspiracy.
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It might be worth mentioning that there is no evidence of anything but incompetence at Gox.
Unfortunately, it seems as those who were dimwitted enough to have money/BTC in MtGOX will believe in absolutely anything else other than this. To them it's unfathomable that they fucked up. I fear your right. These are the same people who, in an earlier time, might have sacrificed a goat to appease the weather gods who are causing all this drought.
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