Can we discuss an alternative entity to the bitcoin foundation?

[gweedo]

Maybe some that gives more power to the community? Make funds and spending more transparent? Who wants to spearhead this and get the rolling. I think this would be great for a new foundation and the current foundation.

[videos4btc]

Maybe some that gives more power to the community? Make funds and spending more transparent? Who wants to spearhead this and get the rolling. I think this would be great for a new foundation and the current foundation.

Maybe, have everything voted on , messages and funding through the blockchain. Keep EVERYTHING transparent.

[videos4btc]

Maybe some that gives more power to the community? Make funds and spending more transparent? Who wants to spearhead this and get the rolling. I think this would be great for a new foundation and the current foundation.

Maybe, have everything voted on , messages and funding through the blockchain. Keep EVERYTHING transparent.

Transparency should be a huge part. I also think it should have a board but the community can vote and that vote weights heavy more than a board seat.

+1 to this ^^ . It just make sense.

[safeminer]

Aye to this one.

Transparancy is the core of bitcoin. People who want to change this should not be at the wheel. I say off with their heads

[videos4btc]

Aye to this one.

Transparancy is the core of bitcoin. People who want to change this should not be at the wheel. I say off with their heads

Hell, even name it Decentralized Foundation for a Better Bitcoin.  Call it a day.

[franky1]

the word foundation.. why
using it means you have to register it with a government and then form a selected board and all the other blah.

how about call it a consortium. much like w3c. you can still set rules such as how many board members, what the consortiums aims are, how their funded etc etc.. exactly the same as a foundation.. just without having to tie it to a government register. meaning its a global consortium instead of an american government registered and audited group.

bitcoin does not need identity checks supervised by the USA. so why dogleash bitcoin to USA LAW

while trading bitcoin for products priced in bitcoin, thats for us to supervise our own money
while trading bitcoin for altcoin , thats for us to supervise our own money
while trading altcoin for products priced in altcoin, thats for us to supervise our own money

only identity check when you want FIAT above the amount allowed by the country of the desired FIAT you want.
EG
$10k a year limit
Euro 1k a day or Euro 10k a year

EG if you want to convert bitcoin into dollar to go to a bank account then and only then inside the exchange do you follow the fincen laws.
EG if you want to convert bitcoin into pounds to go to a bank account then and only then inside the exchange do you follow the FCA laws.
EG if you want to convert bitcoin into Yen to go to a bank account then and only then inside the exchange do you follow the FSA laws.
EG if you want to convert bitcoin into Euro to go to a German bank account then and only then inside the exchange do you follow the BaFin laws.
EG if you want to convert bitcoin into Euro to go to a French bank account then and only then inside the exchange do you follow the AMF laws.

you get the idea

[Rupture]

Maybe no central council at all? Or would that lead to total anarchy.

[gweedo]

Maybe no central council at all? Or would that lead to total anarchy.

I think bitcoins is at a stage where we need a representative body, that can help important project. That can take positions for the community, with the help of the community directing. It is for sure not going to hurt if done properly which is not what the bitcoin foundation has done.

[Walter Rothbard]

Maybe no central council at all? Or would that lead to total anarchy.

Brilliant!  Let's do it!

Personally, my alternative to the Bitcoin foundation is me, and the voluntary relationships I form that involve Bitcoin.

[MicroGuy]

Bitcoin has already started the slide down the slippery slope.



Fortunately, there are many altcoins still standing strong by Satoshi's ideal of an independent and free currency. The next step in the evolution is the emergence of the altcoin.

[Walter Rothbard]

Maybe no central council at all? Or would that lead to total anarchy.

Brilliant!  Let's do it!

Personally, my alternative to the Bitcoin foundation is me, and the voluntary relationships I form that involve Bitcoin.

But don't you want a place for business can turn to and go how do we get involved? Or to have project be sponsored and reward those people? Or even just a place where bitcoins can get a place that can explain how and why any place should use them?

I don't want a place to do that - I want lots of places to do that!

Let there be many Bitcoin foundations, instead of one.

[steelboy]

A decentralised solution for a decentralised currency. That's crazy talk

[crazy_rabbit]

No, if you don't like the foundation, fix it, don't just abandon the idea and walk away.

[gweedo]

No, if you don't like the foundation, fix it, don't just abandon the idea and walk away.

That is exactly what I am trying to do. Completion will fix them, it is kinda hard when you have major bitccoin businesses and most of the dev team with them, but I am trying.

[kwest]

I wouldn't mind having one or several trade organizations open to any and all businesses that use bitcoin, where owners can voice their own opinion separately from the foundation, and perhaps vote - again, separately from the foundation.

Alternatives for people of differing opinions are important for a democracy to work. And seeing as bitcoin is primarily an economic tool today, I feel that trade organizations/groups are key, just as political parties are in democratic countries.

You can't have just 1 party, you need several in order to more accurately represent the people's different opinions.

[AndrewWilliams]

I don't really see a reason for another "Foundation."

Bitcoin can run on it's own just fine. All it does is open the door to bad things like red and blacklisting coins.

[kwest]

I don't really see a reason for another "Foundation."

Bitcoin can run on it's own just fine. All it does is open the door to bad things like red and blacklisting coins.

My reasoning behind having multiple trade organizations is just that; in order to combat red/blacklisting by uniting business owners who oppose such a thing. That's not the only benefit of course, but it's a major one that is highly relevant today.

[jedunnigan]

Whatever you do, base it not in rhetoric but in code.

You can't stop the Foundation from meeting with regulators at this point. That shipped has sailed. However, if you disagree with changes they make to the protocol you can have the code be your protest; disable and otherwise hinder redlisting efforts, etc...

But just imagine if the Foundation dissolves, who talks to the government? Someone has to; whoever takes their place probably won't have a private forum you can peruse and speak your mind. We might not even know who they are.

So what's that saying about keep your friends close your enemies closer...

[ErisDiscordia]

reposting this from other thread because I feel it's relevant:

I just had a thought that core developers could be on the payroll of the community. I think the Bitcoin community could and should lead by example and provide a model of financing the developers based on voluntarism. I know we have our fair share of people believing that voluntary cooperation can solve any sort of problem.

It's not hard to imagine. Each person working on/with the protocol can report their activities and progress and we, appreciative of their hard work as we are, sent some BTC their way. This way if some of them are not performing to the expectations of the Bitcoin community, we can not only voice our concern in a thread like this, but simply withdraw funding.

Just a thought.

[xDan]

I'd like to see some kind of Kickstarter type thing solely for Bitcoin related projects. Maybe it exists? If so, it needs popularising..

Bounties in the Project Development forum are a good part.

I suppose there is: https://bitcoinstarter.com/projects/active?category_id=19

But reading that is all a bit hit-and-miss. Perhaps it's better to fund actual developer(s)...

but yeah.. maybe some sort of counter-foundation; a group with the purpose of developing or promoting the anonymity enhancing aspects of bitcoin.

I haven't joined the regular foundation, but this "counter-foundation" would be something I'd join.

Or maybe, just a "shim" foundation, a small group of people/marketers who work to promote projects relevant to the anonymity aspects of bitcoin. e.g. I don't much read the project development forum, but quickly scanning it I see a few things I should probably donate to. Wouldn't it be nice to get notifications of some sort for the best or most anonymity enhancing "original-satoshi-vision" of these projects? (and those run by devs with a good track record). And weekly updates/newsletters about this, updates on projects most needing funding etc.

Perhaps even we can donate to this foundation, and then when a certain amount of BTC is received, all members hold a vote on which project to be funded. (That way, some larger projects can be funded, rather than many smaller ones...)

e.g.

- community propose and vote on some btc projects
- nominate a destination funds address for, say, the top 10 voted on projects
- everybody sends money to the address of their favourite project
- at the end (either indicated by a time limit, or a specific combined total desired), the project with the most bitcoin "wins", and all bitcoins are combined and just this single project is funded

or maybe this counter-foundation doesn't involve itself at all with actual dev work, their only job (and donations go towards) raising awareness and marketing/promoting existing projects/kickstarters that fulfil some specific "Bill of Bitcoin Rights". (To be written... )

/rambling