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Author Topic: Bitcoinfoundation.org - Is it worth joining?  (Read 3613 times)
glassuser
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January 22, 2013, 12:30:15 AM
 #1

https://bitcoinfoundation.org/

https://bitcoinfoundation.org/support

So I was looking over this site, they seem pretty big, I was wondering what are the main benefits of being part of this foundation?

Even as an individual, is it worth it? Seems pretty pricey as well.

If anyone is part of it, would be great if you can give some insight about it.


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January 22, 2013, 12:46:50 AM
 #2

Your paying for some big bitcoin businesses to have more power then they need too with no checks or balances to there power. Also it isn't that big only ~250 ppl considering this forum is over 70k. Also you have to sign up with your real name which means they are destroying a main value of bitcoin being the anonymous

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January 22, 2013, 01:12:44 AM
 #3

I think it's a good idea in theory: BitCoin could use some people to help promote it better. But I'm not a member, so I don't know how well it works out in practice.
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January 22, 2013, 01:25:33 AM
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When the government wants to get a list of bitcoiners in future its best not to be on one.

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January 22, 2013, 01:47:46 AM
 #5

As just one Bitcoin Foundation member, I certainly can not speak for the whole organization, but, a big part of this organization to to pool funds to actually pay people to get stuff done. Bitcoin has become something more than a hobby experiment...and we can't keep relying on the good will of smart people to keep the gravy train rolling, so to speak. People tend to think of Bitcoin as this huge thing, almost as if there were no people behind it...in fact, it's a very small group that actually develop code for the protocol. A measly few BTC membership fee, which one could easily spend on dinner and a movie, is a small price to pay to buy programmers to help make your remaining btc worth more.



Hardfork aren't that hard.
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January 22, 2013, 01:58:18 AM
 #6

Ok, but what about the privileges, other then a sound conscience?
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January 22, 2013, 02:02:56 AM
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Ok, but what about the privileges, other then a sound concience?

I'm curious about this too. What benefit does it have to the members other than one vote?
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January 22, 2013, 02:05:49 AM
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As just one Bitcoin Foundation member, I certainly can not speak for the whole organization, but, a big part of this organization to to pool funds to actually pay people to get stuff done. Bitcoin has become something more than a hobby experiment...and we can't keep relying on the good will of smart people to keep the gravy train rolling, so to speak. People tend to think of Bitcoin as this huge thing, almost as if there were no people behind it...in fact, it's a very small group that actually develop code for the protocol. A measly few BTC membership fee, which one could easily spend on dinner and a movie, is a small price to pay to buy programmers to help make your remaining btc worth more.




I agree with what you said, but like others, could you explain the real benefits of the membership? Also I didn't notice the 2.5 BTC annual fee, i guess its not so bad, but ill probably just end up getting the lifetime membership which will most likely increase as btc becomes higher.

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January 22, 2013, 02:17:18 AM
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Maybe they do a T-shirt or bright yellow  Smiley badge for the members?

Didn't Woody Allen say "I wouldn't want to be in a club that would have me as a member"?

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January 22, 2013, 10:47:21 AM
 #10

The benefits of membership are access to a forum for members, ability to vote on elections for board members, and that's about it.

The primary reason to join at this point is to help fund Gavins salary.

The Foundation also achieves a bunch of other important things, for instance, it recently obtained code signing certificates in the name of the foundation, which looks a hell of a lot more professional to the "man on the street" than having Bitcoin-Qt signed by some random guy you never heard of. Finally they're starting to do outreach to governments and organizing conferences. It's covered in their blog.

Basically it's about raising the professionalism of the project.
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January 22, 2013, 11:10:06 AM
 #11

Ok, but what about the privileges, other then a sound conscience?
What makes you think you'd get a sound conscience by participating ?

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January 22, 2013, 01:00:45 PM
 #12

Privileges? None really. You get to participate in setting the foundation agenda.

Hardfork aren't that hard.
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January 22, 2013, 01:08:41 PM
 #13

Foundation needed for non-bitcoiners to come to with questions and insults? Yes, very much so. This forum scares people away.
Foundation needed for bitcoiners who use it everyday? I highly doubt it. The blockchain is our foundation.

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January 22, 2013, 01:11:47 PM
 #14

Foundation needed for non-bitcoiners to come to with questions and insults? Yes, very much so. This forum scares people away.
Foundation needed for bitcoiners who use it everyday? I highly doubt it. The blockchain is our foundation.


"The Blockchain is our Foundation!"

This should be Bitcoins catchphrase. 

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January 22, 2013, 01:27:38 PM
 #15

Ok, but what about the privileges, other then a sound conscience?

It is a foundation, guess joining is not about privileges, but about agenda you support.
bg002h
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January 22, 2013, 01:54:53 PM
 #16

Ok, but what about the privileges, other then a sound conscience?

It is a foundation, guess joining is not about privileges, but about agenda you support.

Yes. I support the agenda that pays smart people to make stuff for me...as opposed to hoping someone will keep doing it for free.

Hardfork aren't that hard.
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January 22, 2013, 05:05:06 PM
 #17

Personally I support the Foundation and became a lifetime member.

The group still needs to prove itself with time, but even having the Foundation exist offered immense confidence to many investors and outsiders looking at our new ecosystem.

The fact that the Foundation pays Gavin a salary now is reason enough to join as a member.
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January 22, 2013, 07:43:59 PM
 #18

The fact that the Foundation pays Gavin a salary now is reason enough to join as a member.

This is another reason I will not join. Your telling me Gavin needs a salary which tells me two scenarios

A) Gavin didn't believe in bitcoin so he never invested his money which at is time could have made him a millionaire, which would mean he doesn't need a salary.

B) Gavin is super greedy and wants a salary which really should go to all those developers equality that work hard not just him.

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January 22, 2013, 07:51:12 PM
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The fact that the Foundation pays Gavin a salary now is reason enough to join as a member.

This is another reason I will not join. Your telling me Gavin needs a salary which tells me two scenarios

A) Gavin didn't believe in bitcoin so he never invested his money which at is time could have made him a millionaire, which would mean he doesn't need a salary.

B) Gavin is super greedy and wants a salary which really should go to all those developers equality that work hard not just him.

Regarding A: So if Gavin did buy lots of coins and is currently a millionaire, he doesn't deserve a salary for all the work he's doing? And why should he divulge how many coins he has?

Regarding B: Everyone wants more money. I do, you do, Gavin does. There is nothing wrong with that. Gavin's work has been instrumental, and he deserves a salary after working pro-bono for years. Other devs do as well. All the more reason to support the Foundation.



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January 22, 2013, 07:53:11 PM
 #20

The fact that the Foundation pays Gavin a salary now is reason enough to join as a member.

This is another reason I will not join. Your telling me Gavin needs a salary which tells me two scenarios

A) Gavin didn't believe in bitcoin so he never invested his money which at is time could have made him a millionaire, which would mean he doesn't need a salary.

B) Gavin is super greedy and wants a salary which really should go to all those developers equality that work hard not just him.
C) Gavin is a necessary part of the core Bitcoin development team, and doesn't want to work for free.
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