Bitcoin Forum
May 12, 2024, 07:56:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [2015-12-18][Forklog.net] The Bitcoin Foundation: Down and Out  (Read 443 times)
bezbezbez (OP)
Sr. Member
****
Offline Offline

Activity: 367
Merit: 250


View Profile
December 18, 2015, 09:23:13 AM
Last edit: December 18, 2015, 11:52:57 AM by bezbezbez
 #1

Recently it became apparent that the Bitcoin Foundation would run out of money by March if it failed to find money for its further operations. Less than a month later two members of the Foundation board left it with a fuss. It may seem that the organization is in big trouble.

The foundation’s main trouble, however, is not in its almost complete lack of money, or desolation of its management board.

The organization’s financial bankruptcy is a direct consequence of a more fundamental bankruptcy in terms of conception, ethics, and psychology. The foundation that does very little, though always bids to be an unofficial supreme council of cryptocurrency, cannot be trusted for a long time.

Read more: http://forklog.net/the-bitcoin-foundation-down-and-out/
Twitter:https://twitter.com/forklog_en
Facebook:https://www.facebook.com/forklogen
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
TraderTimm
Legendary
*
Offline Offline

Activity: 2408
Merit: 1121



View Profile
December 18, 2015, 04:37:44 PM
 #2

Good riddance. They were never a productive force, and frankly, never elected to be leaders of anything.

Blowing all of their cash with nothing to show for it except some overtures at snuggling up with federal agencies should tell you all you need to know.

fortitudinem multis - catenum regit omnia
Minecache
Legendary
*
Offline Offline

Activity: 2198
Merit: 1024


Vave.com - Crypto Casino


View Profile
December 19, 2015, 12:17:03 AM
 #3

What the f*** did they ever do for Bitcoin and it's supporters? Ever?

BTT
Full Member
***
Offline Offline

Activity: 143
Merit: 100


View Profile
December 19, 2015, 01:37:41 AM
 #4

Recently it became apparent that the Bitcoin Foundation would run out of money by March if it failed to find money for its further operations. Less than a month later two members of the Foundation board left it with a fuss. It may seem that the organization is in big trouble.

The foundation’s main trouble, however, is not in its almost complete lack of money, or desolation of its management board.

The organization’s financial bankruptcy is a direct consequence of a more fundamental bankruptcy in terms of conception, ethics, and psychology. The foundation that does very little, though always bids to be an unofficial supreme council of cryptocurrency, cannot be trusted for a long time.

Read more: http://forklog.net/the-bitcoin-foundation-down-and-out/
Twitter:https://twitter.com/forklog_en
Facebook:https://www.facebook.com/forklogen

Bitcoin Foundation's memberships were way too expensive anyway. They didn't even contribute to the bitcoin community. Good riddance.

Pages: [1]
  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!