k9quaint
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Activity: 1190
Merit: 1000
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June 07, 2013, 03:19:58 PM |
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Yes, and I commend that donation--even though I don't think Sean's Outpost is an actual 501(c)(3), they're doing good work. The EFF is also a legit donation. Donations to cgminer and BFGminer are very questionable and have conflict of interest written all over them. So I will give them credit for 126 BTC (12.6%) of their agreement. Since they "wasted" 100 BTC, I believe they will never fulfill their 1000BTC agreement. My point was that since they are not an actual charity, there is no oversight, and BFL still "owns" nearly 800 BTC of the initial "endowment." We will see where that goes, and how long it takes to get there. I am just glad they had $120,000 worth of BTC. |
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wrenchmonkey
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June 07, 2013, 03:39:27 PM |
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Since when does a piece of paper from the government determine whether or not something is charity or not? Most 503-C organizations are churches. One of the biggest scams of all history!
Fuck government registration. Judge them by what the money actually goes toward, not their tax exempt status...
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bitpop
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Activity: 2912
Merit: 1060
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June 07, 2013, 03:47:39 PM |
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It's going to their ego and publicity.
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bitpop
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Activity: 2912
Merit: 1060
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June 07, 2013, 03:48:11 PM |
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They are making all that money back in preorders which will never ship. It's not free.
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Mabsark
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Activity: 826
Merit: 1004
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June 07, 2013, 04:01:41 PM |
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They are making all that money back in preorders which will never ship. It's not free.
They're now shipping August's pre-orders, so you may want to update that nonsense and come up with a new line of garbage to spew. |
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bitpop
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Merit: 1060
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June 07, 2013, 04:08:38 PM |
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How many have orders now? 3 I wish they were shipping, not true until it's in my hand. Do you have one in your hand? No. So you are spreading garbage.
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Mabsark
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Activity: 826
Merit: 1004
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June 07, 2013, 04:19:15 PM |
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How many have orders now? 3 I wish they were shipping, not true until it's in my hand. Do you have one in your hand? No. So you are spreading garbage.
They are shipping now and plenty of customers have made posts stating they've received their orders. In order for your statement to be true about BFL not shipping until you have a device in your hand, then you'd have to be the only person who has placed an order with BFL. BFL claim to be assembling and shipping August's pre-orders as we speak. That's a fact. You ignoring reality and making stupid posts is simply delusion. |
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FloridaBear
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June 08, 2013, 05:13:37 AM |
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Since when does a piece of paper from the government determine whether or not something is charity or not? Most 503-C organizations are churches. One of the biggest scams of all history!
Fuck government registration. Judge them by what the money actually goes toward, not their tax exempt status...
If you read my second post, I did exactly that. |
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kano
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Linux since 1997 RedHat 4
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June 09, 2013, 10:52:23 AM |
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Just an FYI I did indeed get 10BTC donated to me about an hour ago.
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erschiessen
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June 09, 2013, 01:36:50 PM |
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Just an FYI I did indeed get 10BTC donated to me about an hour ago.
http://www.youtube.com/watch?v=E2uh5xTCragNow both you and Luke seem rather douchey, IMHO. Do the right thing and pass it forward. Show BFL what a real charitable donation looks like. |
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PuertoLibre
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Activity: 1890
Merit: 1003
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June 09, 2013, 01:39:18 PM |
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Yeah, give it to Cklovias. Or buy him a gold plated keyboard. For the low resistance to programing.  |
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erschiessen
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June 09, 2013, 01:44:22 PM |
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Yeah, give it to Cklovias. Or buy him a gold plated keyboard. For the low resistance to programing. LOL |
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kano
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Linux since 1997 RedHat 4
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June 09, 2013, 02:25:02 PM |
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Yeah, give it to Cklovias. Or buy him a gold plated keyboard. For the low resistance to programing. He gave it to me  |
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Syke
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Merit: 1193
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June 09, 2013, 02:34:26 PM |
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Just an FYI I did indeed get 10BTC donated to me about an hour ago.
That's nice, but are you a "charity"? |
Buy & Hold
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Phinnaeus Gage
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Merit: 1570
Bitcoin: An Idea Worth Spending
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June 09, 2013, 05:52:32 PM |
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I owe $200 USD to BFL to be given away to a charity. I have decided which charity I'm going to support. There just so happens to be a strip joint here in Sandwich, IL, and I'm going to dole the $200 out at $1 at a time to the dancers. I will write Bitcoin on each dollar before I do such.
Thank you for playing.
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-ck
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Merit: 1645
Ruu \o/
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June 09, 2013, 11:59:06 PM |
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Yeah, give it to Cklovias. Or buy him a gold plated keyboard. For the low resistance to programing. LOL I gave him the 10BTC since the donation from BFL was to "cgminer" and not "ckolivas" and he's a significant part of the team. |
Developer/maintainer for cgminer, ckpool/ckproxy, and the -ck kernel
2% Fee Solo mining at solo.ckpool.org
-ck
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PuertoLibre
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Merit: 1003
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June 10, 2013, 12:23:17 AM
Last edit: June 10, 2013, 12:39:46 AM by PuertoLibre |
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Yeah, give it to Cklovias. Or buy him a gold plated keyboard. For the low resistance to programing. LOL I gave him the 10BTC since the donation from BFL was to "cgminer" and not "ckolivas" and he's a significant part of the team. I understand, But if you make the payment to Kano an investment opportunity, then Kano might just pay himself off in dividends. I am unsure though as I am not a programmer ANALyst. You might also want to change the nature of the payment to a sponsorship. In this way Kano must always wear your logo or avatar wherever he goes. (Im just joking)  |
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wrenchmonkey
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June 10, 2013, 12:23:51 AM |
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Since when does a piece of paper from the government determine whether or not something is charity or not? Most 503-C organizations are churches. One of the biggest scams of all history!
Fuck government registration. Judge them by what the money actually goes toward, not their tax exempt status...
If you read my second post, I did exactly that. This was a general comment, not directed at you or anybody else in particular. Using tax status to determine ANYTHING about a company is really pretty silly. Plenty of massive scams and abuses operate every day under tax exempt status. CGminer and its programmers have inarguably helped the bitcoin community as a whole. And I don't see where they are charging vendors for writing drivers or implementing hardware support into the CGMiner project, so the assertion that they're paying their contractor bills by donating to that project seems largely unfounded. Can somebody point me to evidence that there was any sort of contract or monetary arrangement between BFL and the CGMiner project folks prior to BFL deciding to make a donation? |
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wrenchmonkey
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June 10, 2013, 12:25:30 AM |
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Just an FYI I did indeed get 10BTC donated to me about an hour ago.
That's nice, but are you a "charity"? He's donated a shit-ton of work, time, and intellectual property to the bitcoin community, if that's what you're asking... He doesn't have a piece of paper from the dot-gov declaring him a registered religion, if that's what you're asking... |
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erschiessen
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June 10, 2013, 12:30:09 AM |
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Just an FYI I did indeed get 10BTC donated to me about an hour ago.
That's nice, but are you a "charity"? He's donated a shit-ton of work, time, and intellectual property to the bitcoin community, if that's what you're asking... He doesn't have a piece of paper from the dot-gov declaring him a registered religion, if that's what you're asking... A trade of hardware for software isn't a donation, IMHO. |
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