Bitcoin Forum
November 13, 2024, 05:48:14 AM *
News: Check out the artwork 1Dq created to commemorate this forum's 15th anniversary
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: My open letter to Bitcoin Foundation  (Read 3821 times)
jgarzik
Legendary
*
Offline Offline

Activity: 1596
Merit: 1100


View Profile
December 30, 2012, 06:11:41 PM
 #41

gweedo, what makes you so aggressive when it comes to the Bitcoin Foundation? When you take a look inside (2.5 BTC per year for an elitist group is quite cheap), you'll see it's just a group of 242  humans (right now) - and most of them are really friendly. Nobody forced me to pay 25 BTC and I don't regret it.

How many of those 242 do you think work for Mt Gox or bitinstant? probably all employees of both, and that is where my issues really lie,

MtGox and BitInstant are nowhere near that big.  The majority of Bitcoin Foundation members do not work for these two companies.  That's just silly paranoia.  Math fail.


Jeff Garzik, Bloq CEO, former bitcoin core dev team; opinions are my own.
Visit bloq.com / metronome.io
Donations / tip jar: 1BrufViLKnSWtuWGkryPsKsxonV2NQ7Tcj
chmod755
Legendary
*
Offline Offline

Activity: 1582
Merit: 1021



View Profile WWW
December 30, 2012, 06:23:35 PM
 #42

MtGox and BitInstant are nowhere near that big.  The majority of Bitcoin Foundation members do not work for these two companies.  That's just silly paranoia.  Math fail.

^^

How many of those 242 do you think work for Mt Gox or bitinstant?

4% maybe...

It is just very sad that you guys don't see the corruption and issues, that could lead to the down fall of bitcoins in the next two years.

Would you invite others and allow them to find out about it, if you wanted to be corrupt? I wouldn't announce it publicly.

URSAY
Legendary
*
Offline Offline

Activity: 1974
Merit: 1010



View Profile
December 30, 2012, 08:47:11 PM
 #43

Am I allowed to post this...?

http://dedecentralizationofbitcoin.wordpress.com/2012/10/05/de-decentralization-of-bitcoin/
repentance
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
December 30, 2012, 08:56:16 PM
 #44

Quote
It is just very sad that you guys don't see the corruption and issues, that could lead to the down fall of bitcoins in the next two years.

There are a ton of things which could lead to the downfall of Bitcoin in the next two years and Bitcoin Foundation has no control over most of them because the free market will operate in its own best short-term interests.  If anything, it is the role of BF to ensure that the protocol and the network continue to exist in some basic form when the market brings undesirable outcomes upon itself.  

First and foremost, the protocol and the network have to survive until all 21 million coins have been mined - that's a formidable challenge on its own.

I do believe that the term of the initial board should be shortened.  They're effectively a steering committee and as such should be looking to replace themselves with a board elected by the membership at large sooner rather than later.  Of course they should be able to nominate for election to the board by the general membership.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!