Should Peter Vessenes resign as the Executive Director for Bitcoin Foundation ?

[caveden]

Governments cant regulate mathematics, which is the basis of bitcoin. Its like trying to regulate gravity.

They can't "regulate gravity" but they can pretty much forbid you to skydive for example.

We should not be so arrogant. Governments can be dangerous to Bitcoin.

[1715121051]

1715121051

[1715121051]

1715121051

[AlgoSwan]

Core ideas of BTC implementation should be carefully analysed. Regulation is a tricky word when it is used with lobbying. These people don't understand exactly what the revolution, innovation and math of course. If anything should be regulated on BTC markets, it is fiat itself. Remove it, problem solved almost instantly.

[Herodes]

2. The client code is controlled by central authority. Does anyone check the source code and compile it by hand before using it?

I've thought of creating a site that will constantly check the official downloads for any nefarious changes and report if anything is found, but at the moment I'm working on another project, so it would have to wait. But I think if there was anything nefarious going on, that it would be spotted by some devs ?

But true - what could we do if the official software was in fact changed containing something most people would not approve of. I hope it never comes to that..

[darkmule]

My problem is not what this guy does with his own business.  If you're going to interface with U.S. banks, you're going to have to submit to some degree of regulation.  My concern is that this guy appears to be in some position to make decisions for the rest of the users, who may just want to stay away from banks in general.  Why should someone with this conflict of interest have any authority? 

As for the fork problem, people went along with that solution because it worked a lot more quickly than any other solution would have.

I certainly don't expect anyone running a Bitcoin business to sacrifice their livelihood for some bullshit idea of ideological purity.  However, I'm not sure someone running such a business should be telling anyone else what to do.

[cypherdoc]

How do we know that's what he really believes?  

This is part of the problem. We don't.

And from what I have seen, I haven't been impressed.

We need someone more visible, articulate, and more of a leader.

He's already admitted he's open to someone else taking over the directorship of the foundation. That's not a good start.

[Herodes]

How do we know that's what he really believes?  

This is part of the problem. We don't.

And from what I have seen, I haven't been impressed.

We need someone more visible, articulate, and more of a leader.

He's already admitted he's open to someone else taking over the directorship of the foundation. That's not a good start.

What about the BitPay guy, still a bitcoin business person, but the presentations I've seen from him are of very high quality:
https://bitcointalk.org/index.php?topic=160131.msg1702464#msg1702464

[marcus_of_augustus]

What power does the BCF have that prevents everyone from just ignoring it?

They pay the wages of the lead dev. Gavin Andresen, so in that sense they have some "power" I suppose.

But for the rest of us "market anarchist dilletantes", we are free to ignore Vesseness's pleas to subjugation.

I'm interested to see what Jon Matonis has to say, AFAIK he is still on the board of the BF, and has been stridently anti-regulation and damning of those who invite it in the past.

Maybe Vesseness is just running his yap off and speaking out of turn in an attempt to calm the troubled bitcoin waters, like some kind of messiah figure or something?

[Herodes]

But for the rest of us "market anarchists dillentantes", we are free to ignore Vesseness's pleas to subjugation.

For the record: A dilettante is a person who enjoys the arts or someone who engages in a field as an amateur out of casual interest rather than as a profession.

[marcus_of_augustus]

But for the rest of us "market anarchists dillentantes", we are free to ignore Vesseness's pleas to subjugation.

For the record: A dilettante is a person who enjoys the arts or someone who engages in a field as an amateur out of casual interest rather than as a profession.

Like a lawyer or business analyst who dabbles in cryptography .... but probably wants someone else to secure his bitcoins might be a good example I imagine?

[Severian]

Governments can be dangerous to Bitcoin.

Bitcoin is far more dangerous to the powers that be than they are to Bitcoin.

[johnyj]

“Right now you have a bunch of anarchistic market dilettantes who don’t understand how markets work and don’t understand the perils of markets,” he said. “People who understand markets need to get involved.”

The most important is to understand the recent crash, is it purely based on psychology/market behavior or manipulated by some large players? I think the latter is more likely, since they start the DDOS at the same time as mass sell off

For a small exchange and such low market capital, it is very easy to manipulate

[tionil]

Bitcoin foundation should resign from Bitcoin.

[w1R903]

For the record: A dilettante is a person who enjoys the arts or someone who engages in a field as an amateur out of casual interest rather than as a profession.

No.  In popular speech, "dilettante" refers to someone who flits from field to field, never acquiring anything more than superficial knowledge of a given subject.  It's typically used pejoratively.  A "dilettante" originally referred to an admirer of the arts, but hasn't been used in that manner since the 18th century.

If you have any doubt as to how the word is used in today's world, google the phrase "he's a dilettante"  (with quotes) and see what comes up.

[QuantumQrack]

If there is some sort of internal regulation right in the Bitcoin protocol, or anything similar, I won't upgrade to the new protocol.  Bitcoin needs no regulation.  Bitcoin is the currency of Economic Freedom.

[IIOII]

Bitcoin foundation should resign from Bitcoin.

This.

There are other ways to pay Gavin.

Bitcoin does not need lobbying and marketing crap from the TBF. TBF only serves as a entrance gate for regulation and centralization.

Vessenes should fix his crappy exchange and otherwise STFU, 'cause he hasn't been elected to speak for the BTC community.

[cypherdoc]

How do we know that's what he really believes?  

This is part of the problem. We don't.

And from what I have seen, I haven't been impressed.

We need someone more visible, articulate, and more of a leader.

He's already admitted he's open to someone else taking over the directorship of the foundation. That's not a good start.

What about the BitPay guy, still a bitcoin business person, but the presentations I've seen from him are of very high quality:
https://bitcointalk.org/index.php?topic=160131.msg1702464#msg1702464

Galippi would be perfect.

[mobodick]

Governments cant regulate mathematics, which is the basis of bitcoin. Its like trying to regulate gravity.

They can't "regulate gravity" but they can pretty much forbid you to skydive for example.

We should not be so arrogant. Governments can be dangerous to Bitcoin.

Any structure of power can be dangerous, even bitcoin can be dangerous.
So this is far from a simple decision.

On the one hand we cannot trust individuals or organsisations to act in the best interest of everybody, on the other hand we have to fix that with overarching control structures which also can act in their own interest.
The trick is, i think, to decide in a democratic way what we expect of a thing like bitcoin and have that protected in some way.
For now, i'm not sure there is a consensus about what bitcoin is to society so it's going to be very difficult to even start thinking about how to regulate it in a non-destructive way.

[WikileaksDude]

Speaking of which, it's too bad we don't have a project leader with the kind of balls Linus has.

I remember Gavin Andresen setting dollar bills on fire in an early interview. Apart from that, he's the epitome of political correctness. (Just waiting for Gavin to pop in with his two cents - as he has a magical ability to spot whenever his name is mentioned on the forum. )

This.

[bg002h]

I suggest a sister poll: I can vote because I'm a Foundation member: y/n

[DeeSome]

Governments cant regulate mathematics, which is the basis of bitcoin. Its like trying to regulate gravity.

Try flying a hot air balloon over the White House.