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Author Topic: Corruption within Bitcoin community  (Read 1350 times)
mizerydearia
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June 21, 2011, 02:59:51 PM
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matsh
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June 21, 2011, 03:08:48 PM
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Could you elaborate, or is this all you want to say?
onesalt
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June 21, 2011, 03:10:12 PM
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I don't think bitcoin community is corrupt!!

I just think at this point it's morally bankrupt. Sorry.

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June 21, 2011, 03:11:31 PM
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Corruption = abuse of power by an authority that has been granted this power by the people it represents.   An authority that acts in its own best interest rather than in the interest of the people it represents.

In the bitcoin community there is no authority.  There is no representation. There are no "social contracts", implicit or explicit. Nobody is in charge.

So by definition, there is no corruption.

Sure, the distribution of power is not equal among community members, and some powerful members may be acting in their own best interest rather than in the interest of the community at large. But that isn't corruption.

And there certainly is equal opportunity for power.

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finack
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June 21, 2011, 03:11:41 PM
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"I either want less corruption, or more chance to participate in it."
–Ashleigh Brilliant
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June 21, 2011, 03:14:20 PM
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http://www.youtube.com/watch?v=alc0gG0u48M

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June 21, 2011, 03:16:00 PM
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Trolling and FUD within Bitcoin community

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Bitcoin Core developer [PGP] Warning: For most, coin loss is a larger risk than coin theft. A disk can die any time. Regularly back up your wallet through FileBackup Wallet to an external storage or the (encrypted!) cloud. Use a separate offline wallet for storing larger amounts.
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June 21, 2011, 03:24:11 PM
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Trolling and FUD within Bitcoin community

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5+!

Here is the answer:

Bitcoin is part of a meme shift of unparalleled proportions. ...
This is not a battle to be won, the battle was over the minute that a new meme escaped the realm of human thinking.
aral
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June 21, 2011, 03:33:26 PM
 #9

So by definition, there is no corruption.

Sure, the distribution of power is not equal among community members, and some powerful members may be acting in their own best interest rather than in the interest of the community at large. But that isn't corruption.

There is plenty of scope for corruption on bitcoin related sites, say bitcoin currency exchanges... market manipulation is corruption.
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June 21, 2011, 03:33:57 PM
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Trolling and FUD within Bitcoin community

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THIS

LEASE THIS SIGNATURE OUT WEEKLY/MONTHLY.

PM ME FOR DETAILS
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June 21, 2011, 03:38:35 PM
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Trolling and FUD within Bitcoin community

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THIS
The trend that people use a single word "THIS" to indicate that they agree with an earlier post, and how others find it annoying.  Discuss.
::bracing myself for a slew of "THIS" responses::
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