About Bitcoin Foundation

[franky1]

When Satoshi left the scene, some people thought it would be a good idea to have a governing body or a central organization that could speak

with governments about Bitcoin. They were also supposed to arrange big events where Bitcoin is discussed and promoted, but most of that money

went into huge salaries for the people "working" for the BF. { even the secretary got a huge salary}  

dont forget the mightyduck child actor turned fund syphoner brock.
once he joined.. it was game over for the BF

[Rude Boy]

The Bitcoin Foundation is an American nonprofit corporation. It was founded in September 2012 with the stated mission to "standardize, protect and promote the use of bitcoin cryptographic money for the benefit of users worldwide."

They are helping for bitcoin's promotion

[AGD]

When Satoshi left the scene, some people thought it would be a good idea to have a governing body or a central organization that could speak

with governments about Bitcoin. They were also supposed to arrange big events where Bitcoin is discussed and promoted, but most of that money

went into huge salaries for the people "working" for the BF. { even the secretary got a huge salary}  

dont forget the mightyduck child actor turned fund syphoner brock.
once he joined.. it was game over for the BF

... meanwhile at a pool party at M&C Estate with his buddies Marc Collins-Rector, Brian Synger and Chad Shackley and some underaged boys ...

[Slark]

The Bitcoin Foundation is an American nonprofit corporation. It was founded in September 2012 with the stated mission to "standardize, protect and promote the use of bitcoin cryptographic money for the benefit of users worldwide."

They are helping for bitcoin's promotion

All they managed to do is help soil name of the Bitcoin, nothing more. I don't think Bitcoin foundation is even actively providing advocacy for BTC.
Former vice-chairman of Bitcoinfoundation, Charlie Shrem was involved with Silk Road and was pleaded guilty of helping the operation of an unlicensed money-transmitting.
Executive chairman of BTF Peter Vessenes was closely working with Mark Karpeles of Mt.Gox. Amazing business connection these fellows had.

[pinkflower]

Heres a conspiracy theory for everyone. What if Satoshi was really a group of people that was comprised of the same people in the Bitcoin Foundation. What if this was all planned in the first place? Bitcoin, the Silk Road, MtGox, everything and then it had a life of its own.

Sometimes I cant imagine how Bitcoin became successful accidentally. There must be an invisible hand moving to ensure success.

[Slark]

Heres a conspiracy theory for everyone. What if Satoshi was really a group of people that was comprised of the same people in the Bitcoin Foundation. What if this was all planned in the first place? Bitcoin, the Silk Road, MtGox, everything and then it had a life of its own.

Sometimes I cant imagine how Bitcoin became successful accidentally. There must be an invisible hand moving to ensure success.

My first and major concern about your theory - we know that Satoshi is owner of roughly 1.7% of all bitcoin in existence.
So tell me why he/they would want to go for all these trouble to gain petty money, compared to Satoshi's fortune?
That is why I doubt these events were planned in any way, it was simply series of unfortunate events.

[pinkflower]

Heres a conspiracy theory for everyone. What if Satoshi was really a group of people that was comprised of the same people in the Bitcoin Foundation. What if this was all planned in the first place? Bitcoin, the Silk Road, MtGox, everything and then it had a life of its own.

Sometimes I cant imagine how Bitcoin became successful accidentally. There must be an invisible hand moving to ensure success.

My first and major concern about your theory - we know that Satoshi is owner of roughly 1.7% of all bitcoin in existence.
So tell me why he/they would want to go for all these trouble to gain petty money, compared to Satoshi's fortune?
That is why I doubt these events were planned in any way, it was simply series of unfortunate events.

But the objective is not to gain petty money. Its to ensure the success of the network. The group created their own currency out of thin air, created the first market where the banks have no way serving, so no competition for BTC and they bought and controlled the first fiat to BTC exchange which is MtGox. They also had this forum as a meeting place for offering jobs that pay in BTC.

It all started from there. I sometimes find it difficult to imagine that it was all an accident.

[kingstarblack]

The Bitcoin Foundation is an American nonprofit corporation. It was founded in September 2012 with the stated mission to "standardize, protect and promote the use of bitcoin cryptographic money for the benefit of users worldwide."

They are helping for bitcoin's promotion

Yeah, that is their purpose. But on the other hand they have a goal of where they want to take over all things about bitcoin (seems to me like a central bank use bitcoin). But that's something beneficial, as with the establishment of the company at least bitcoin has a greater chance to grow the higher or much better than the previous ones.