Now with this latest exposé about the Bitcoin Foundation in the news. Let me ask... Was Cody Wilson having the right idea that the foundation should be disbanded?
I am aware that he's an extremist and all that, and that some would not have agreed about his proposal to disband the Bitcoin Foundation months ago. So now that the cat is out of the bag... Would you agree to it now?
EDIT: For the people who are not aware about Cody Wilson's plan/proposal, please read this...
The Bitcoin Foundation should be Destroyed
My words should not be mistaken as part of some centralization controversy. I’m not complaining that the Foundation is corrupt, superfluous, or has undue development influence. I’m willing to be realistic and admit the original intentions of the organization’s founders (Make dough with regulatory cover, bonus points for veneer of public respectability). Like any capable postmodern shysters, they couldn’t just rip us off. It was better to color the whole affair with a farcical civic-mindedness. To run around with this annoyingly earnest mien.
We find their type outside the Foundation as well. I still recall Jaron Lukasiewicz spreading his perfectly bleached asshole for Ben Lawsky back in July, only the day after BitLicense dropped:
“…the BitLicense is an important asset that will allow us to provide US banking and regulatory protection to our target customer group. I’m happy to see the New York DFS making tangible progress towards offering the first achievable regulatory bitcoin license in the country.”
The first, but certainly not the last!
I say attack the Foundation because it is the think tank of the bitcoin counter-revolution. Its record (hey guys, this time we focus on core dev, for reals) is and will continue to be the (re)production of the state-form in bitcoin thought. Yes, the State-form. That reef on which the revolutions of the past two centuries ship-wrecked. Unseen by the hapless steersmen who with their organization set sail in the name of technological libertarianism.
But bitcoin isn’t ideological! Some stripling yips, dimly aware the slogan is NATO-grade BZ.
What to make of them? The mises-thumping market liberals, the high finance back-benchers, these… startup people. Each in his turn discovers modern political economy’s happy accident, a working stateless currency, and each continues the promotion of the State to de jure universality. They next rally around this word. Oh, you remember it. Every stunted little nequient and pasty oddity shrieks it in choral unison. The signature term of our gigantic Stockholm syndrome...
More here...
https://disband.it/218/arcanum-imperii/
