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Author Topic: Bitcoin Foundation: Where on Earth Did all the Money Go?  (Read 15413 times)
franky1
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January 12, 2016, 09:00:15 PM
 #361

i think the reason why the bitcoin foundation brand should not be dropped is simple.

it has already been awarded non-profit status by the IRS.
this alone normally takes along time, resources and funding to attain that tax category. and although i would love to see a totally new brand heading the way forward to help EVERYONE do ANYTHING blockchain/bitcoin related, its clear that its easier to re-organize an existing  brand than to start right from the beginning with months or headache and paperwork

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BruceFenton (OP)
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January 12, 2016, 09:37:39 PM
 #362


How many people do you suppose will be there? Because I haven't even heard about it, what is it, another TheBitcoinFoundation event? Ramada Inn conference room w/o catering?
And door charge?

How about we do it here, on BitcoinTalk, where people from all around the globe can follow & ask questions & stuff?



Did you have a bad experience at a foundation event or are you just working to find anything you can be negative about?

It's the North American Bitcoin Conference, Miami, usually one of the larger events of the year.
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January 12, 2016, 09:41:39 PM
 #363


$49 is THEIR basic admin fee.. you forgot to add the state fee,
you forgot about the federal tax ID charge
you forgot how long it takes to actually get incorporated after you click go.. it aint 10 minutes
you forgot the time to get all the other stuff related to being a non-profit. such as bank accounts and registering who is authorized to do transactions with banks
you forgot the registered agent fee $99 a year ongoing
..

oh wait its no longer $49 or 10 minutes.

yes i know scammy businesses just st up the minimum to look legit.. but if you want something that is going to be positive then it takes more then just 1 form to fill in and 10 minutes.

though id love to see something totally different and new to give the community a total fresh start, but with TBF already having the paperwork complete.. it might aswell be utilised

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
BlindMayorBitcorn
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January 12, 2016, 09:47:01 PM
 #364

The original Bitcoin Foundation got funding from Bitcoiners, mostly to pay Gavin's salary. Gavin's gone, and I'm guessing most Bitcoiners would just as soon give money to Gay Aardvarks this time around.

I know I would.

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
BruceFenton (OP)
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January 12, 2016, 09:56:24 PM
 #365

Here's the mission statement by the way

https://github.com/BruceFenton/bitcoinfoundationplan
BruceFenton (OP)
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January 12, 2016, 09:59:42 PM
 #366

The original Bitcoin Foundation got funding from Bitcoiners, mostly to pay Gavin's salary. Gavin's gone, and I'm guessing most Bitcoiners would just as soon give money to Gay Aardvarks this time around.

I know I would.

It's pretty straightforward : there is a mission statement up for comment, if the goals of education, adoption, increasing development and keeping Bitcoin from being killed by regulation are important to you then you can support the foundation, if not then you can support one of the many pro-regulation industry groups or support none at all.

I'm just still surprised by the people who actively want the organization to fail based mostly on past acts which were done by people no longer there.
siameze
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January 12, 2016, 10:23:12 PM
 #367

...
It's the North American Bitcoin Conference, Miami, usually one of the larger events of the year.

Let's stop prancing around the issue (which is not to say we gay aardvarks don't like prancing around, we do, we're gay). Even back in Bitcoin's salad days, the events were pretty cringy -- basically poorly-attended, dull bronnycons, but with shit-tier cosplay and even fewer human females.
Now? Judging by this, not worth the candle* Sad

Bitcoin demographic being what it is, this forum is the best, most convenient and public place to have our debate. Frankly, to me it just seems you're trying to make this, our big debate, as private as possible, to sweep it under the rug.




@franky1: http://www.nonprofithub.org/starting-a-nonprofit/how-much-money-do-you-need-to-start-a-nonprofit/
If you feel there's an urgent need for a Foundation, The Gay Aardvarks are here to help. We will incorporate and could start operations immediately, see our previous posts for details. We'll deal with the paperwork, just send us your money.
Ty.

*Unless, of course, you fly me out buisness or better, put me up in a nice hotel & throw in sum per diem foldin' money. Then no prob. You can just file it under "misc."

I support the GayAardvarkFoundation as a way forward.  Grin

In all seriousness, it was kinda sad to see the coindesk article. So much wasted money and no advancements to speak of in Bitcoin space. I still don't believe there is any hope of rescuing the "Bitcoin Foundation" as it's reputation is far too tarnished.


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howelzy
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January 12, 2016, 11:29:07 PM
Last edit: February 03, 2022, 12:22:07 AM by howelzy
 #368

.
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January 12, 2016, 11:57:14 PM
 #369



I was referring to what you would like to see happen with the complaints you issued.  

Is there a specific person or specific people you want targeted by Federal agents?  Who and what do you want to see happen to them?



Two of the founders of TBF were criminals. I wouldn't mind an investigation that showed exactly how far that criminal activity spread. I also wouldn't mind really knowing if the entire group of them were helping Mark Karpeles hide his crime against the community. There is entirely too much criminal activity revolving around that group to make me comfortable with any of them. And, yes that includes the founder Gavin Andresen too. 

BruceFenton (OP)
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January 13, 2016, 12:00:25 AM
 #370



Two of the founders of TBF were criminals. I wouldn't mind an investigation that showed exactly how far that criminal activity spread. I also wouldn't mind really knowing if the entire group of them were helping Mark Karpeles hide his crime against the community. There is entirely too much criminal activity revolving around that group to make me comfortable with any of them. And, yes that includes the founder Gavin Andresen too. 

None of those people are involved anymore with the exception of Gavin.

BruceFenton (OP)
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January 13, 2016, 12:01:54 AM
 #371


hi bruce,

are you a banker by any chance?

sound like one

"never mind what happened in 2008, no-one cares, but look at this new...'insert bs here'"

regards,
J

The analogy is relevant if you are talking about the same people.  If you want to focus on the last that is fine for you.  Seems odd that you would criticize me for not wanting to focus on things I had absolutely nothing to do with.
franky1
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January 13, 2016, 12:03:12 AM
 #372

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 and get the ball rolling with more idea's of what we would like to see and how things should happenfor 2016 that are positive things for bitcoin

there is no point wasting weeks arguing about the past and waiting months for answers.. before then wasting more time doing nothing until the dust settles...
we should be actively looking forward while also looking into the past..

lets do more then just moan about the past. lets moan about the past AND work towards the future

in short 3 birds one stone..

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
bargainbin
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January 13, 2016, 12:16:57 AM
 #373

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.
BruceFenton (OP)
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January 13, 2016, 12:21:42 AM
 #374

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."
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January 13, 2016, 12:23:44 AM
 #375

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.

nah, it's the FIFA of Bitcoin. this makes more sense.

franky1
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January 13, 2016, 12:24:01 AM
 #376


 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 DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
BlindMayorBitcorn
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January 13, 2016, 12:26:39 AM
 #377


 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)

What do you mean 'nothing positive has been done'? What possible good can come of making the same mistake twice?

@Bruce

The original Bitcoin Foundation got funding from Bitcoiners, mostly to pay Gavin's salary. Gavin's gone, and I'm guessing most Bitcoiners would just as soon give money to Gay Aardvarks this time around.

I know I would.

It's pretty straightforward : there is a mission statement up for comment, if the goals of education, adoption, increasing development and keeping Bitcoin from being killed by regulation are important to you then you can support the foundation, if not then you can support one of the many pro-regulation industry groups or support none at all.

I'm just still surprised by the people who actively want the organization to fail based mostly on past acts which were done by people no longer there.

Bitcoin can't be killed by regulation and it doesn't need missionaries.

How do you expect to fund these projects?

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
bargainbin
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January 13, 2016, 12:36:02 AM
 #378

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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January 13, 2016, 12:39:08 AM
 #379


 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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January 13, 2016, 12:56:29 AM
Last edit: January 13, 2016, 01:13:48 AM by franky1
 #380

blah blah blah

endless slagging match and endless naming calling about people that are not in the company anymore

endless slagging match and complaining about what the old company didnt do, but should of

endless slagging match about something that cant be undone ..

blah blah blah

boring boring boring..

blah blah blah

ok so i have summed up the 20 pages of this thread..
im moving on and looking forwards
enjoy months of arguing about things you cant and dont want to change

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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