Unless Gavin accepts the "long-arm of government" through the "official" voice of The Bitcoin Foundation. Before you know it, you'll see government backdoors in the protocol and people would be swayed into accepting it with little question because "Standards".
If anything suspicious happens, I will be the first to abandon the "official" client then. For now, such scenario seems highly improbable. Let me make explain it in other words: One does not simply pass The Federal Reserve Act and conquer a whole nation through private central banking. It happened in America, the most decentralized nation of them all with a clear constitution and rules of engagement. It can happen here in the Bitcoin realm. There are people out there who are threatened by Bitcoin. They will try to manipulate culture and have people sway to their whim. This organization is perfect for that. American politics != Bitcoin version adoption. Perhaps you don't understand that difference between democracy in open-source development and democracy in representative government. They're very different things. All I know is every banking institution and technology in the world has been conquered through proxies, deceit and corruption. Every central bank in the world has been sold out to private individuals regardless of good intentions and rule of law.
It is close to impossible.The human factor is always the weakest factor. The source code factor - that's another story.If humans interpret the Bitcoin source code standardization of The Bitcoin Foundation as legitimate and as the sole authority, the Bitcoin source code can change with no question as long as this authority makes the changes. The process will turn into a cult of personality. Bitcoin will rest in the hands of a single organization. Obviously, you have no idea how programming works. Thus, you have no ducking idea what you are talking about. Talking to you is as useful & constructive, as talking to a duck. I'm actually starting to wonder if you are actually a madman or perhaps you get paid to do this. You simply fail to understand me. Source code review only works if people can easily denounce the changes without being called a troll and told to leave. If a cult around the Bitcoin Foundation forms under its implied authority and ties to Congress, it could make contesting changes obsolete. The illusion of choice should remain but the ability may not. Then You have no idea how internet works. On the internet, anybody can denounce everybody, if they have proof. And it is trivial to get proof on the Internet as the necessary wisdom is everywhere accessible within seconds. Also, programmers don't need lawyers, specialists & other expert witnesses to determine if somebody's proof is valid or not. If somebody marks 10 lines of code, and proves that these lines contains a trojan, it is trivial to asses if he is telling the truth. Also, you fail to see that just one evil move of the Gavin's foundation would condemn it forever, and nobody would trust it (or the people behind it) ever again.
Is that worth the risk ? Highly doubtable. |
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We will be fighting to keep the network as it is.
This is not an experiment. This is not a toy. This is real money, real value and a new frontier in liberty. We will not be losing it to a central authority.
Atlas i hear what your saying but your going over board... He's not going overboard. He is a one hell of a crazy nutjob. |
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Unless Gavin accepts the "long-arm of government" through the "official" voice of The Bitcoin Foundation. Before you know it, you'll see government backdoors in the protocol and people would be swayed into accepting it with little question because "Standards".
If anything suspicious happens, I will be the first to abandon the "official" client then. For now, such scenario seems highly improbable. Let me make explain it in other words:One does not simply pass The Federal Reserve Act and conquer a whole nation through private central banking. It happened in America, the most decentralized nation of them all with a clear constitution and rules of engagement. It can happen here in the Bitcoin realm. There are people out there who are threatened by Bitcoin. They will try to manipulate culture and have people sway to their whim. This organization is perfect for that. American politics != Bitcoin version adoption. Perhaps you don't understand that difference between democracy in open-source development and democracy in representative government. They're very different things. All I know is every banking institution and technology in the world has been conquered through proxies, deceit and corruption. Every central bank in the world has been sold out to private individuals regardless of good intentions and rule of law.
It is close to impossible.The human factor is always the weakest factor. The source code factor - that's another story.If humans interpret the Bitcoin source code standardization of The Bitcoin Foundation as legitimate and as the sole authority, the Bitcoin source code can change with no question as long as this authority makes the changes. The process will turn into a cult of personality. Bitcoin will rest in the hands of a single organization. Obviously, you have no idea how programming works. Thus, you have no ducking idea what you are talking about. Talking to you is as useful & constructive, as talking to a duck. I'm actually starting to wonder if you are really a nutjob or perhaps you get paid to do this. |
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who ever doesn't like this new development with foundation can vote with their bitcoin,
just sell,
it is that easy
No, you sell. We will be fighting to keep the network as it is. This is not an experiment. This is not a toy. This is real money, real value and a new frontier in liberty. We will not be losing it to a central authority. You are a bloody madman. **Nobody** is centralizing Bitcoin any more through creating a foundation than it was centralized since today. Nothing changed. If we don't like the code, we can start our own foundation, and condemn the old foundation. |
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Unless Gavin accepts the "long-arm of government" through the "official" voice of The Bitcoin Foundation. Before you know it, you'll see government backdoors in the protocol and people would be swayed into accepting it with little question because "Standards".
If anything suspicious happens, I will be the first to abandon the "official" client then. For now, such scenario seems highly improbable. Let me make explain it in other words:One does not simply pass The Federal Reserve Act and conquer a whole nation through private central banking. It happened in America, the most decentralized nation of them all with a clear constitution and rules of engagement. It can happen here in the Bitcoin realm. There are people out there who are threatened by Bitcoin. They will try to manipulate culture and have people sway to their whim. This organization is perfect for that. American politics != Bitcoin version adoption. Perhaps you don't understand that difference between democracy in open-source development and democracy in representative government. They're very different things. All I know is every banking institution and technology in the world has been conquered through proxies, deceit and corruption. Every central bank in the world has been sold out to private individuals regardless of good intentions and rule of law.
It is close to impossible.The human factor is always the weakest factor. The source code factor - that's another story. |
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then there is nothing wrong about having a foundation which will speed up the work and create pro-bitcoin lobby in the bloody congress, for example.
WTF? are you thinking all the userbase live in the USA? Stop acting like all the users or the developers must obbey one unique country. Actually, I'm not from USA. But USA government will probably have one of the most important roles in fighting or endorsing bitcoin, so that's where my choice of words came from. |
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What most of the people here are missing is that the foundation got founded, because Bitcoin is going mainstream.
It is not possible to go mainstream without any official body that will represent us, comercially & legally. Ever.
The real world is not decentralized as Bitcoin network is, so we need some kind of gateway between both worlds.
This is the basic and real reason the foundation was created
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The name is important for a organization selfdeclared "the face" of my savings
Why are you putting something you can't afford to lose into an experiment? Gavin Andresen says the exact same shit. It's very annoying. It's like him saying "It's my experiment. I will do whatever I want with it. Fuck you guys." No, Bitcoin works fine as it is. Don't experiment with it and leave our money alone. You behave like an illogical fool. Bitcoin foundation has nothing **DIRECTLY** to do with the quality of Bitcoin source code. This move changes nothing in the code. If the code stays working as well as it worked before (or even better), then there is nothing wrong about having a foundation which will speed up the work and create pro-bitcoin lobby in the bloody congress, for example. |
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Unless Gavin accepts the "long-arm of government" through the "official" voice of The Bitcoin Foundation. Before you know it, you'll see government backdoors in the protocol and people would be swayed into accepting it with little question because "Standards".
If anything suspicious happens, I will be the first to abandon the "official" client then. For now, such scenario seems highly improbable. Let me make explain it in other words: |
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Stop grumbling people.
This is a great move. If they can keep the foundation working at least as effeciently as Linux foundation, only good can come from it.
Linux is also a decentralized project of a sort (as all Open Source projects kinda are), so creating similiar structures should work. At least in theory.
If you don't like this foundation, you can start your own. If people will be unsatisfied with Gavin's Bitcoin foundation, they will switch to your one. It is as simple as that.
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Of course you know you're gonna need a DHD to dial this ?
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Oh c'mon ! Is this the great and mysterious news ? Why all the secrecy ? Because of idiots. Elaborate ? |
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Oh c'mon ! Is this the great and mysterious news ? Why all the secrecy ? |
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I think that topics on this forum should automatically close after a certain period of inactivity time (perhaps 3 months or less) to prevent necromancers from casting their spells and thus creating an unbelievable mess.
Who's with me ?
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What is the chance that price of Bitcoin will drop due to technical problems?
Low. |
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Dont worry the bitcoincard will blow away the mintchip  +1 waiting forward for that Wow.... their video is simply... mind blowing. However, as much as i want them to succeed, i don't really believe they can. They aim extremely high with all that advanced technology that is supposed to fit into such small card... And I am not even saying anything about the problem of electromagnetic interference... A number of us have seen the card prototypes. The claims they make from a technological standpoint are legitimate. We describe the adventure here (also in another BitInstant blog post, ironically Well, the prototypes work as predicted - that is something. However in real world situations, when there are hundereds or thousands of cards in close vicinity with electromagnetic intereference from all sorts of weird devices, things may get more difficult. We already know how it "works" with WiFi - when there are more than 10-15 devices per router, nobody can go online (i don't know about mesh wifi though). |
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Dont worry the bitcoincard will blow away the mintchip +1 waiting forward for that Wow.... their video is simply... mind blowing. However, as much as i want them to succeed, i don't really believe they can. They aim extremely high with all that advanced technology that is supposed to fit into such small card... And I am not even saying anything about the problem of electromagnetic interference... |
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Mintchip is a piece of crap.
They haven't even started yet, and they lie already. What a pity.
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As already mentioned, Butterfly Labs is a corporation with 22 employees and some shareholders. The corporation is the legal entity who receives funds, processes the orders
and delivers the products. What you have mentioned does not apply to a corporation. If you have any questions, please ask and we'll clarify as much as possible. Isn't Sonny (the convicted scammer) one of the directors of said corporation? Already answered in great detail. Check this out: https://bitcointalk.org/index.php?topic=110868.0 |
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What btc need to do is to stop the halving of the reward and have no upper limit. Hopefully keep btc constant.
It's lucky that people like you who have no idea what they are talking about don't decide about such matters. |
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