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Author Topic: 2014-02-23 Mt. Gox CEO Resigns From Bitcoin Foundation  (Read 928 times)
row5_seat47 (OP)
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February 24, 2014, 03:22:19 AM
 #1

http://online.wsj.com/news/articles/SB10001424052702303426304579401883794330454
Ripdon007
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February 24, 2014, 03:37:26 AM
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About time..

I mine my bitcoins at https://www.directpool.net ### I get my bitcoin news fix at https://coinreport.net
seriouscoin
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February 24, 2014, 03:46:40 AM
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Actually its about time the Bitcoin foundation should be dissolved completely.
cbeast
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Let's talk governance, lipstick, and pigs.


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February 24, 2014, 03:48:40 AM
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Nothing stopping you from starting your own play money club.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
seriouscoin
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February 24, 2014, 03:58:03 AM
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I dont have problem with anyone starting such club.

But i do have problem if they deceivingly name it "Bitcoin Foundation"

Change the name and stop "representing" the community. Noone voted for them
cbeast
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February 24, 2014, 04:01:07 AM
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I dont have problem with anyone starting such club.

But i do have problem if they deceivingly name it "Bitcoin Foundation"

Change the name and stop "representing" the community. Noone voted for them

Then call it "The Real Bitcoin Foundation." You could ask for dues and then allow due paying members to vote for officials.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
seriouscoin
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February 24, 2014, 04:04:36 AM
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I dont have problem with anyone starting such club.

But i do have problem if they deceivingly name it "Bitcoin Foundation"

Change the name and stop "representing" the community. Noone voted for them

Then call it "The Real Bitcoin Foundation." You could ask for dues and then allow due paying members to vote for officials.

My point is Bitcoin is decentralized and noone should even name their group a "foundation". Stupid media will think of the "foundation" as bitcoin.
Skoupi
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February 24, 2014, 04:19:29 AM
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My point is Bitcoin is decentralized and noone should even name their group a "foundation". Stupid media will think of the "foundation" as bitcoin.


Nahhh, after so many years even the media can tell the difference.
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February 24, 2014, 05:41:24 AM
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^^^ I second that. Get rid of all of the so called reps of BTC. Bitcoin has reached another growth level where it can sustain itself on its own. It doesn't need the helping hands to keep it up. Hell, disolving the BTC Foundation would yield good in the end. The true reps of BTC are the markets themselves and the millions of transactions that are carried out via BTC. This is only grow with time. Gox going away along with BTC Foundation would have more good come out of it than bad. Better correct the big mistakes now before they become 'too-big-to-fail' problems and will have to loose an arm and leg. Nuff said Smiley

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February 24, 2014, 06:18:31 AM
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Is this announcement the reason for the current drop of btc?
(The one going one at this minute?).
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February 24, 2014, 06:22:13 AM
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Glad I'm not the one who thinks these guys are trying to become a wannabe central bank, I don't trust them in the slightest, especially considering they let people like the MTGOX CEO join in as well.
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February 24, 2014, 06:23:04 AM
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^^^ I second that. Get rid of all of the so called reps of BTC. Bitcoin has reached another growth level where it can sustain itself on its own. It doesn't need the helping hands to keep it up. Hell, disolving the BTC Foundation would yield good in the end. The true reps of BTC are the markets themselves and the millions of transactions that are carried out via BTC. This is only grow with time. Gox going away along with BTC Foundation would have more good come out of it than bad. Better correct the big mistakes now before they become 'too-big-to-fail' problems and will have to loose an arm and leg. Nuff said Smiley
Yes. Get rid of them. I'll wait in the car.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
seriouscoin
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February 24, 2014, 06:33:18 AM
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^^^ I second that. Get rid of all of the so called reps of BTC. Bitcoin has reached another growth level where it can sustain itself on its own. It doesn't need the helping hands to keep it up. Hell, disolving the BTC Foundation would yield good in the end. The true reps of BTC are the markets themselves and the millions of transactions that are carried out via BTC. This is only grow with time. Gox going away along with BTC Foundation would have more good come out of it than bad. Better correct the big mistakes now before they become 'too-big-to-fail' problems and will have to loose an arm and leg. Nuff said Smiley
Yes. Get rid of them. I'll wait in the car.

What the fck is your name? and are you a member of the "foundation" ?
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February 24, 2014, 09:57:06 AM
 #14

WSJ....... Cheesy Cheesy Cheesy Cheesy

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February 24, 2014, 10:01:50 AM
 #15

Actually its about time the Bitcoin foundation should be dissolved completely.
Nothing stopping you from starting your own play money club.

That would be more foundations, not fewer.

I think you've misunderstood OP.

The printing press heralded the end of the Dark Ages and made the Enlightenment possible, but it took another three centuries before any country managed to put freedom of the press beyond the reach of legislators.  So it may take a while before cryptocurrencies are free of the AML-NSA-KYC surveillance plague.
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February 24, 2014, 10:02:29 AM
Last edit: February 24, 2014, 10:16:47 AM by BitOnyx
 #16

Glad I'm not the one who thinks these guys are trying to become a wannabe central bank, I don't trust them in the slightest, especially considering they let people like the MTGOX CEO join in as well.

They could even proclaim themselves the central bank. People would just ignore them any way. To create central bank you need some kind of power to force people bend to they will. They have non. At point when they would even get any( even though I think it is just impossible), people would just move on to different alternative there is out there.

Progress moved too fast and people can't stop thinking in old ways about this kind of economy. It is like explaining to feudal peasants how voting booth works.





Actually its about time the Bitcoin foundation should be dissolved completely.
Nothing stopping you from starting your own play money club.

That would be more foundations, not fewer.

I think you've misunderstood OP.

I am thinking you are right. It is about choice and freedom, not about enforcing the "right way" of how people should act.

fryarminer
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February 24, 2014, 10:36:17 AM
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Is this announcement the reason for the current drop of btc?
(The one going one at this minute?).

Well it certainly isn't a sign that Mt Gox intends to permit withdrawals... ever.
so yes it could be.
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