I think the mission statement for the fundation should read:
"To advance the interest of the biggest players in the industry (mtgox and bitinstant), who already have their hands on everything Bitcoin related. To annihilate competition and to foster camaraderie between the good ol'boys, and to elect a board of directors without any democratic input whatsoever from the true owners of Bitcoins: Its community. Finally, to provide a tax exempt vehicle to pay Gavin Andersen for developing open source, free software".NO THANK YOU!. We have enough of the Bitinstant/MtGox vaporware and nonsense. I am going to pass on this one.
How about NOBODY that PROFIT from Bitcoin should be on the board? How about not having the SAME attorney for BitInstant and Roger Ver on the board of an "independent" fundation.
I am sorry, but this is a transvestite, just like the last organization that Charlie Shrem and Vorhees were involved with the scammer Matthew N. Wright
http://dcao.org/I hope this community REMEMBERS. I would urge anybody caring about Bitcoin to stay away from this monopoly.
Firstly,
MtGox and BitInstant are listed there because they are the first corporate members. You are more than welcome to join as well. In fact, if you own 1 BTC then you are a profiteer as well when the price goes up.
Second, BitInstant and myself had no involvment with the DCAO other than Matt inviting me to it (like every other Bitcoin business owner was) and putting my name on the website..which I asked him to take down many times.
The foundation is extremely democratic. All you have to do is join for the smallest membership and you can be on the board as well by voting, the same way the other board members are on it.
We've spent hunreds of thousands of dollars and speak to regulators, goverment officials, corporate execs, ect. They all agreed that a foundation neds to be in place for Bitcoin to succeed.
No one owns the foundation, and board seats are not for life. Anyone can run the foundation, just like Bitcoin it runs itself.
Does a PO box count as a "real address"?
How is the Founder board seat given away?
Exactly my point. Why aren't you on the board? You have been as instrumental (if not more) to Bitcoin than Charlie Shrem or Mark for that fact. I guess you have to run a highly profitable bitcoin business to be considered for the position.
Not sure why Theymos was not involved in this. Gavin invited us all in here, and has nothing to do with owning/running a business.
Forsure Theymos should be involved, thats why Peter wrote in his letter we are looking for an exec director and other positions.
Everyone who own a single bitcoin profit when the price rise. So no bitcoiners should be on the bitcoin board. Only paypal and mastercard and everyone who hate bitcoin should be on board.(They don't profit from bitcoin, remember?)
MtGox and BitInstant. They even share lawyers for Pete's sake! How is this a good idea? Am I missing something here?
Another error of yours. Patrick is my lawyer not MtGox's. He has donated his time for free to work for the foundation and I have spent alot of money training Patrick on the laws and regulatory structure of Bitcoin.
He is the most well versed for the job and he is doing it for free.
Please get your facts straight.
He, you just made me realize that Satoshi himself wouldn't be able to be a member of it, if he wants to preserve his anonymity.
+1 THIS. This goes about the very spirit of Bitcoin and its founder. These corporate identities want to make Bitcoin into the next PayPal under the disguise of a "foundation".
Satoshi is in the bylaws of the foundation and the founding member.
Before making statements, please verify you have all the information as I've mentioned before.
-Charlie
