Mining is an industry.
Payment processors are an industry.
Gambling is an industry.
Even whoring is an industry.
But not Bitcoin.
Bitcoin is not an industry. It's still A Peer-to-Peer Electronic Cash System. No thanks, may I add, to douches like you.
Lots of people disagree & would call the miners, exchanges, wallets etc part of the same industry. But either way -- let's say you are right, there is no such thing as the Bitcoin industry -- you must have some term you use to describe industry conferences, events, meetings, this board etc. But even if not-- Fact is that there are now and will be groups in this ...space...whatever you want to call it. Those groups exist, they are here and they are not going anywhere. You can support CoinCenter or DCC or Bitcoin Foundation or Bitcoin Association or whatever -- or none. But they will be doing whatever activity they focus on: asking for more Bitcoin laws, fighting against more Bitcoin laws, holding events, speaking to the press etc. whether you participate or not. Seems sensible to align with a group whose mission you support. So let me get you straight: you are rebooting The Bitcoin Foundation because you can't get along with CoinCenter, another bitcoin foundation? And isn't the Bitcoin Association already you? How is it that you fail to see that The Bitcoin Foundation has nothing to do with representing Bitcoin as a whole, when your explicit purpose is to counter the other Bitcoin foundations? |
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Yes, no debts.
This info has been released regularly ever since I volunteered so it shouldn't be news at all and should be clear.
Current cash and Bitcoin assets are about $30k (I think about 50 of that is BTC) with another $10k pledged by Pierce. Foundation has recievables of $30k or so from Vessenses and others but has not been able to collect.
In 2014 assets went from $4.5 million to $300k -- when I volunteered in April 2015 there was $70k left and several outstanding debts (I'm guessing $20k-30k) which needed to be paid.
Thanks, heading in the right direction. Current monthly expenses? Would probably help if you had the actual figures handy [perhaps posted?] -- wording like 'I'm guessing' and 'about' doesn't inspire confidence. |
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... Makingsure HOW MUCH DOES TBF HAVE IN LIABILITIES?
HOW DO THEY OWE STILL "UNOFFICIALLY" FOR WHAT? ... Why is this difficult to address? Answered it above. Not sure where this idea came from. Foundation doesn't owe anyone anything other than very minor ongoing expenses like web hosting in the $200 range which are all and have been up to date and paid. So no debts? And the plus side of the ledger, assets? (in USD or BTC) |
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... Makingsure HOW MUCH DOES TBF HAVE IN LIABILITIES?
HOW DO THEY OWE STILL "UNOFFICIALLY" FOR WHAT? ... Why is this difficult to address? |
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[–]StarMaged [score hidden] 10 hours ago
There's 11 replies to this comment that aren't visible, does anyone know what's going on? /u/starmaged?
I wouldn't worry about it. Usually, whenever theymos posts, he gets a few dozen non-productive replies where people just swear at him. Productive replies are rarely removed.
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Well fuck me sideways!!  Repeatedly, brutally, sans sweet-talk & lube. This really is the best of all possible worlds |
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If you don't like those things, that's fine....but it's crazy to think that by wishing for Bitcoin Foundation to fail that Bitcoin will somehow be the first industry to have no industry groups.
Mining is an industry. Payment processors are an industry. Gambling is an industry. Even whoring is an industry. But not Bitcoin. Bitcoin is not an industry. It's still A Peer-to-Peer Electronic Cash System. No thanks, may I add, to douches like you. In the real world there are industry groups. It's a reality of the world we live in. ORLY? OK, I got unpleasant news for you too: IRL, gentlemen such as yourself are often handed the crown. Almost inevitably tho, it happens after the place's been raped, thoroughly pillaged, with villagers already gathering at the gates. Need I mention said villages didn't come on over to make friends? |
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What if it's Mircea rage-selling?  |
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Bitcoin needs a Foundation much less than Gay Aardvarks do, which is to say not at all. It's what's called "de·cen·tral·ized." That means it does fine without a central Prom Committee, doesn't need one. Not even a good one, much less a shitty one with a long criminal history, which is what this thread is about.
If you want to start one, you're free to try, but don't hijack this thread. K?
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OK, who else peed themselves a little bit when we crashed through 420?
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Made a killing on Hashfast. Made a killing on Icedrill. Now Monero. Like a boss SFYL  |
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There just doesn't seem to be a bottom... |
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Bitcoin Foundation !Fresh: long, sordid history. The name dredges up horrors, children cry, dogs cower, flowers wilt. Also see above.
so are you just going to waffle for days arguing about the past.. then in 2017 cry that nothing positive has been done or do you have some positive idea's about something that helps the future, while simultaneously looking at the past aswell you know .... a word called multi-tasking (doing more than one thing to get more than one result in a shorter time) I know the word multitasking. Now you do, too. What part of "you can't polish shit" still eludes you? If you want shiny, don't start with shit. Flush down the terlit & start from scratch. |
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Seems odd that you would criticize me for not wanting to focus on things I had absolutely nothing to do with.
Look, when you become the Ne Plus Ultra Ubercairman of the German Nazi party, use similar argument: "It's all in the past, some bad shit happened, sure, but we also built the autobahn & gave you rocketry & VolksWagen, and that's primarily what people remember us for. Let's stop dwelling on the past and rebuild." inb4 Godwin's law: Let it go. You're actually the third person on here to compare the Bitcoin Foundation to the Nazis. Is that really your critical thinking? : "The previous administrators wasted money recklessly and two of the original founders were criminals. Therefor the current people who had nothing to do with this and have a different mission are worth comparing to a regime who caused 20 million deaths and exterminated 6 million based on religion." Bruce, is it possible that you really miss what I'm saying? Has anyone introduced you to such arcane esoterica as analogies? Do you understand how those work? Or comparisons in general? Shall I compare thee to a summer's day? In this line, the author is not trying to suggest that your average temperature is 70 degrees and you have 24 hours. Analogously, I am not trying to say you shot for the Final Solution. Merely that, much like National Socialism, Bitcoin Foundation got a bad rep, well-deserved or not. How literal do I need to be here? |
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Seems odd that you would criticize me for not wanting to focus on things I had absolutely nothing to do with.
Look, when you become the Ne Plus Ultra Uberchairman of the German Nazi party, use similar argument: "It's all in the past, some bad shit happened, sure, but we also built the autobahn & gave you rocketry & VolksWagen, and that's primarily what people remember us for. Let's stop dwelling on the past and rebuild." inb4 Godwin's law: Let it go. im all for people trying to find justice or audit 2014-2015 accounts..
but as separate issues and doing both at the same time.. cant we start something fresh
Bitcoin Foundation !Fresh: long, sordid history. The name dredges up horrors, children cry, dogs cower, flowers wilt. Also see above. |
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... using pebbles recorded in the rockchain,
Isn't that BIP 203.07? |
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~same embarrassing, spergy crap that got him laughed outa 4chan, but now with extra embarrassing because constant regurgitation~
Maybe people are just worried that anything you're backing is bound to fail. Played right into his hands. Obvious false flag is obvious. |
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^^So links to credible writeups with charts & pictures and stuff?
You can look up the stats for the S5 and the SP31 yourself, its not like this information is not public. Here is an example of someone down clocking an S5 though, gaining close to a fifty percent increase in efficiency while cutting the effective hashrate in half.
https://bitcointalk.org/index.php?topic=1151460.0Impressive & credible (no sarcasm), just read the first few pages. Though closer to 30 than to 50 |
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^^So links to credible writeups with charts & pictures and stuff?
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I can get my miners to become more efficient by about fifty percent by down clocking my units.
TOGTFO. Gear you're running/links to credible writeups. He means watt/gh not more gh overall. I understand. As I said, haven't been keeping up on gear, but can't see underclocking improving efficiency by 50%. Sure, you can drop consumption by 50% by stopping the clock, but you're getting 0 gh/sec, so dubious gains. |
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