BFL creates new charity project to donate 1000 BTC to [ROFL!]

[smoothie]

https://forums.butterflylabs.com/content/134-butterfly-labs-donates-1000-btc-charity-bitcoin-related-projects.html

Nice. Create your own charity project and then donate 1000 BTC to yourself because you still control the money supply or "honey pot".

BFL is seriously dirty players.

[Bitcoinorama]

Un-believeable!

[pitan]

What nonsense! Their limits know no bounds! I think they are planning their exit strategy anybody agree?
Hand the money from right to the left hand...

[Tigggger]

Un-believeable!

Really ? I'm not in the least bit surprised

[Lohoris]

I think they are planning their exit strategy anybody agree?

yep!

I guess they moved funds there, hoping they won't be confiscated.

[Bicknellski]

Laughable.

[Red_Evil]

Lol

we talked about a charity

A donation is a gift given by physical or legal persons, typically for charitable purposes and/or to benefit a cause. A donation may take various forms, including cash offering, services, new or used goods including clothing, toys, food, and vehicles. It also may consist of emergency, relief or humanitarian aid items, development aid support, and can also relate to medical care needs as i.e. blood or organs for transplant. Charitable gifts of goods or services are also called gifts in kind.

A charitable organization is a type of non-profit organization (NPO). It differs from other types of NPOs in that it centers on non-profit and philanthropic goals as well as social well-being (e.g. charitable, educational, religious, or other activities serving the public interest or common good).

The legal definition of charitable organization (and of Charity) varies according to the country and in some instances the region of the country in which the charitable organization operates. The regulation, tax treatment, and the way in which charity law affects charitable organizations also varies.

Financial figures (e.g., tax refund, revenue from fundraising, revenue from sale of goods and services or revenue from investment) are important indicators to assess the financial sustainability of a charity, especially to charity evaluators. This information can impact a charity's reputation with donors and societies, and thus the charity's financial gains.

[mezzomix]

 

If you shake hands with somebody from BFL, I recommend to count your fingers afterwards!

[cedivad]

OK... This should do it for a scammer tag.

[San1ty]

Euh, What's wrong with that? If you look at the website they created they are donating to projects, effectively spending the amount.
Ok, they aren't sending 1000 BTC to a traditional charity, but they are still giving it away...

[shackleford]

...the human fund

[greyhawk]

Euh, What's wrong with that? If you look at the website they created they are donating to projects, effectively spending the amount.

They are donating to the EFF (which won't take it), their own paid shill and contractor (luke-jr/BFGminer) and another paid shill and contractor (CGminer/ckolivas/Kano)

[PuertoLibre]

Un-believeable!

Really ? I'm not in the least bit surprised

Honestly, neither am I.

It was expected and even joked about that they might do this....then they did.

Celebrities and Companies (scummy ones) do it all the time.

It is a trick to remove taxes, a good PR stunt and most importantly...you dont' actually donate to anyone. Is BFL doing this for those reasons, I don't know.

[PuertoLibre]

Euh, What's wrong with that? If you look at the website they created they are donating to projects, effectively spending the amount.
Ok, they aren't sending 1000 BTC to a traditional charity, but they are still giving it away...

Donation as a form of self propelling ones buisness is not a donation. (in my book)

Coca Cola might "donate" to a supplier that then mines a mineral that goes into their [own] products and reduces cost to their bottom line.

Is it a real donation?

If they fund projects "omni-directionally" that deal with BitCoin (and not their specific products), then yes, they would passably be donating.

[kano]

Euh, What's wrong with that? If you look at the website they created they are donating to projects, effectively spending the amount.

They are donating to the EFF (which won't take it), their own paid shill and contractor (luke-jr/BFGminer) and another paid shill and contractor (CGminer/ckolivas/Kano)

Yeah fuck you too.
... and no I didn't get any so fuck you again

[PuertoLibre]

Euh, What's wrong with that? If you look at the website they created they are donating to projects, effectively spending the amount.

They are donating to the EFF (which won't take it), their own paid shill and contractor (luke-jr/BFGminer) and another paid shill and contractor (CGminer/ckolivas/Kano)

Yeah fuck you too.
... and no I didn't get any so fuck you again

Oh smart, they could very well say the free machines they "donated" to Kano are indeed producing coins for his benefit. LOL

---------------

I just thought of something for you to use Sonny/Josh/Et al.

You don't even need to donate 1000BTC. Just claim that Kano's 1 jally will eventually produce 1000 coins over it's life (30 some odd years). This way you don't actually have to produce 1000 BTC.

Sounds good?

[TheSwede75]

Euh, What's wrong with that? If you look at the website they created they are donating to projects, effectively spending the amount.

They are donating to the EFF (which won't take it), their own paid shill and contractor (luke-jr/BFGminer) and another paid shill and contractor (CGminer/ckolivas/Kano)

Though it seems a little "off" I wouldn't bet EFF wouldn't take it. It's also a great organization. The other two seems just like ways to pay contractors with 'gift money' which is a little shady.

[greyhawk]

Euh, What's wrong with that? If you look at the website they created they are donating to projects, effectively spending the amount.

They are donating to the EFF (which won't take it), their own paid shill and contractor (luke-jr/BFGminer) and another paid shill and contractor (CGminer/ckolivas/Kano)

Yeah fuck you too.
... and no I didn't get any so fuck you again

Yeah, I found that a little strange also. They should have at least sent it to you. It was you writing the drivers wasn't it?

[greyhawk]

Euh, What's wrong with that? If you look at the website they created they are donating to projects, effectively spending the amount.

They are donating to the EFF (which won't take it), their own paid shill and contractor (luke-jr/BFGminer) and another paid shill and contractor (CGminer/ckolivas/Kano)

Though it seems a little "off" I wouldn't bet EFF wouldn't take it.

EFF has always been "Can't you just leave us alone with your coin thingies? Pretty please? I mean really why do we have to go through that whole spiel every other month?" up till now.

[Bitcoinorama]

OK... This should do it for a scammer tag.

+1,000,000

It wasn't the bulk chips that broke the camel's back, that just confirmed they are financially insecure in delivering on promises.

This however is clearly fraud.

Loosing a bet and agreeing to donate to charity is just that, giving the entire monies to a worthy organisation that will use it responsibly.

Not creating your own charity, and especially not when the entire point you lost was in acknowledgment of your inabilities to handle your own responsibility and deliver paid for products on time to a pre agreed and promised spec assured your irresponsibility.

And especially not after the bull$**t subsequent.

I was willing to give BFL the benefit of the doubt, but this speaks volumes.

Not impressed at all!