Bitcoin Forum
June 24, 2018, 08:51:26 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 [All]
  Print  
Author Topic: Calling out the Bitcoin Foundation Scam.  (Read 22169 times)
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 03, 2014, 08:37:03 AM
 #1

The Bitcoin Foundation was a large confidence scam perpetrated on the very naive, rather noobish yet very vain Bitcoin community cca 2012-2014 - and running for about as long as Pirate's ponzi.

It was thought out, constructed and initially run by Peter Vessenes, and then passed along to various accomplices. (Don't imagine that if I don't name you, we don't have the file. We have the file. You will be serving time, in all likelihood.)

It worked like so:

 1. Collect donations from the clueless yet vain. Because Bitcoin is full of people who belabour under the delusion that if they speak a lot about Bitcoin, if they paint "Bitcoin" all over the four walls of their dwelling and so on then they're somehow "part of Bitcoin". Charging these idiots a hefty fee for an "official" stamp of approval* is a logical next step, and it collected a massive warchest (even more than the thousands of BTC this forum - also run on MtGox servers - has collected for "software upgrades").

The CEO and Treasurer at the time, one Peter Vessenes simply pocketed this money. No report was ever published, no report will ever be published. More advanced than the MtGox scam, the Foundation is a "non profit" and it has no creditors, so nobody has standing to take them to court.

 2. Vouch for scams. It is very lucrative to sell protection; that's what most underworld kingpins do for a living. That's what the Bitcoin Foundation did for a living too, once the BTC price went up and the dubious character of the people running it became public knowledge (ie, once MP said so). With dwindling donation income and a never ending hunger for cash**, the Bitcoin Foundation was repurposed as a voucher for whoever could afford to pay. Like BFL. Like MtGox.

The only reason Pirate wasn't vouched for by the Bitcoin Foundation is that I killed him before he had a chance. The only reason the Patrick Harnett scammer didn't end up on their board is because MP killed him before he had a chance. The only reason Silk Road's guy wasn't vouched for by the Bitcoin Foundation is that he couldn't be bothered (or afford) to pay them. The only reason TradeFortress wasn't similarly has to do with cash. And this list could go on.
 
Think things through: it's not so hard to collect five thousand Bitcoin and then from that pay fifty to some clueless, famished nerd or other.

It's not hard to pretend like you're professional while you're lying through your teeth and defrauding everyone in sight.

It's not hard to pretend like you have "public support" when you're only talking to the clueless noobs that joined yesterday, who think Auroracoin actually "has a market cap" and so on. In a population of 19 yo Xavier Uni graduates, any lie can pass for truth if large enough and repeated often enough.

What is hard is to stand for something, what is hard is to speak the uncomfortable truths***, what is hard is to keep promises and to refuse to make promises that can't be kept and to tell would-be "powers that be" to pack it and move because Bitcoin is taking over.

But the Bitcoin Foundation isn't in the business of all that. The Bitcoin Foundation was in the business of taking money from they too stupid to keep it, and votes from they too clueless to have any money, and then sell the package to the highest bidder. Whoever it may be. Vessenes & co gotta be bought out after all, it's not like the shit they do has any intrinsic value whatsoever. Acquisition or bust, it's what they learned, it's what they do, it's what they'll teach you, if you'll let them. (And if you do let them you might as well use fiat, seriously now. It's easier, and insured.)

So now they're decamping to the UK in the hopes they may avoid US side prosecution, (a move deeply reminiscent of Vleisides, incidentally). Derp. You're all going to jail, boys and girls. You're all going to jail for being thieves, and liars, and con men. And to quote from a much older article of MP's (funny how that guy always wrote today's article months ago, isn't it?):

Quote
There’s just no way this little experiment in mishandling other people’s money can end up anywhere other than in a court, and there’s pretty good odds that it will be through penal rather than civil proceedings - the people involved are too many and too stupid for the state not to intervene.

Once that happens, I am positive and certain that the same people who are now running around calling their betters names will try to turn things into some sort of “mean state infringing on people’s rights”. They have a fine record at trying exactly that.

The problem is, the lot of them being packed up and hauled to jail would be no such infringement. It is at this point perfectly reasonable and quite unavoidable. Sure, they’ll try and sell this libertarian angle, that’s the curse of being pro-freedom : all the scumbags try to exploit you for their little profit turning “ideas”. It won’t wash. The girl that already beat you in the PR marketplace will beat you again, dear Sonny & co. She has the material right here.

---
* See this excellent quote from Chris Ballas:

Quote
And here I have to go back over something.  The harder part of the psychology is that the demo doesn't want to become full time traders, either at home all day or on Wall Street-- that part must remain a fantasy--  because then it would be a job and it wouldn't count; it has to be a side gig, then their success wasn't their "work self" but their "real" self;  no one else can claim a sliver of that success-- not the liberals with their "'entrepreneurs' just pretend they don't benefit from public services!" or the wives with their "behind every good man...!" or the echoes of their father yelling,  "you need to apply to Sperry Rand, now there's a company you can put in forty years with!"  It all happened in their head, no one else can share the credit, it is 100% a consequence of their personal value.    Bonus: if they fail, it can be quickly discounted as merely a hobby-- that wasn't, after all, their real self.

The mistake is in thinking this has anything to do with the money.  It's said that most at home traders fail, but this is incorrect: they fail at making money, but they are successful at feeling like a trader.  That is the goal; the money is secondary, which is why they fail at making it.  The buy/hold/reinvest the dividends strategy of Buffet is totally opposite to what's desired, because the strategy does not involve market timing or status updates, it is on autopilot, and there's no "i" in autopilot.  Well, there's one, but it doesn't stand out.

** This is the problem with scum posing as businessmen: the things they make aren't cash generators, they're cash black holes. This is fundamentally why we don't want scum to pass for businessmen: not because we don't like their ugly mugs, but because we don't want to be surrounded by "businesses" that only work if someone somewhere keeps printing money. We're not trying to re-build the US pseudo-economy here, quite the contrary.

*** From You Are The 98%:

Quote
There's a difference between what you need and what you want, and the media will always, relentlessly give you what you want.  Do you know why you have such poor candidates every single election?  Because you want them, you want someone you can easily judge for some sexual indiscretion or because they called latinos chicanos.  "Well, that matters to us!"  Then you got what you asked for.

The media will have data mined the culture and chosen for you two cans of Campbell's Chicken Soup, and then encouraged a public debate about which can is a better representation of the spirit of the country, the one on the left or the one on the right.  "Well, that matters to us!"  I know.  

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
1529873486
Hero Member
*
Offline Offline

Posts: 1529873486

View Profile Personal Message (Offline)

Ignore
1529873486
Reply with quote  #2

1529873486
Report to moderator
1529873486
Hero Member
*
Offline Offline

Posts: 1529873486

View Profile Personal Message (Offline)

Ignore
1529873486
Reply with quote  #2

1529873486
Report to moderator
Make sure you back up your wallet regularly! Unlike a bank account, nobody can help you if you lose access to your BTC.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529873486
Hero Member
*
Offline Offline

Posts: 1529873486

View Profile Personal Message (Offline)

Ignore
1529873486
Reply with quote  #2

1529873486
Report to moderator
seriouscoin
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
March 03, 2014, 09:48:40 AM
 #2

+ 1

We need to push this to the media so everyone should realize Bitcoin Foundation does not represent ANYTHING except themselves.

Its the shame they even name their "club" a Foundation

rat
Sr. Member
****
Offline Offline

Activity: 253
Merit: 250



View Profile
March 03, 2014, 09:50:36 AM
 #3

couldn't agree more.

two of the core founders are known money laundering scammers.



isn't peter vessenes the dummy who didn't register coinlab as a money transmitter and lost $5 million of gox's money? lol!
seriouscoin
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
March 03, 2014, 09:55:08 AM
 #4

We should make our voice stronger. Make website to point out their scam. Post tweets and reddit to let the public know.

Make a warning in your signature to warn noobs on the forums
 
raskul
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
March 03, 2014, 09:56:28 AM
 #5

whilst children feel the need to play in groups, adults should be there to regulate such gatherings and games.
I've never been one for clubs, groups, cults, sects or foundations... the mere thought of such a thing, where bitcoin in concerned, is simply ridiculous.

hell, i'm still in the denial phase 'what do you mean you sell bitcoins on an exchange???!!!'

decentralise. do it now.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
seanneko
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
March 03, 2014, 10:21:04 AM
 #6

+1

The Foundation has never done anything for Bitcoin. They sit back and let the money roll in.
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
March 03, 2014, 10:35:43 AM
 #7

Wow, such shocking exposé, wow

I hate to agree with the original poster, because I mean this in the nicest way, that most of your posts come off as an angry sociopath.  But when every other thread on the forum has the word "charity" or "donation" in it, you can tell something isn't quite right on a forum inhabited mostly by scumbag day traders.

So for your Christopher Columbo detective skills, bravo, partially exposed for no reason, angry, sociopath lady!

- the dread shibe r0ach

......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
doof
Hero Member
*****
Offline Offline

Activity: 765
Merit: 501


View Profile WWW
March 03, 2014, 10:35:56 AM
 #8

Just start a new one.  Call yourselves "the official foundation", register a domain and go.
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 1988
Merit: 1007

Newbie


View Profile
March 03, 2014, 11:13:47 AM
 #9

http://dedecentralizationofbitcoin.wordpress.com/2012/10/05/de-decentralization-of-bitcoin/
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
March 03, 2014, 11:45:35 AM
 #10


I thought there would be something more damning after reading all that, at least such as Charlie Shrem's eyebrows being a product of massive amounts of cocaine use.

Ironically, I think Voorhees just bankrupted himself at Gox.  And isn't a Bitcoincard just a QR barcode on a magnetic strip?  I'm not sure if the danger of fiat bitcoin exceeds that of the possibility (reality) of fiat gold if it became the world reserve currency.  Probably more likely that gold would be fractional reserve since it's more difficult to transport.  In the future, it's pretty obvious that fiat will probably be dead, and you will have crypto + gold taking over and co-existing to provide different security needs.  There will be multiple block chains as well.  If your NXT shilling has more provably secure systems against being fractional reserve, without compromising any other systems, then it's market share will eventually reflect that.


......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
pinkmonkey
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
March 03, 2014, 11:55:07 AM
 #11

Also what happened to Theymos and upgrading the forum software with those $10 Million dollars donated to the forum???
raskul
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
March 03, 2014, 11:56:13 AM
 #12

Also what happened to Theymos and upgrading the forum software with those $10 Million dollars donated to the forum???

i can only presume the funds were given the 'decentralisation' treatment.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
Aswan
Legendary
*
Offline Offline

Activity: 1694
Merit: 1001



View Profile
March 03, 2014, 11:56:55 AM
 #13

what is hard is to keep promises and to refuse to make promises that can't be kept and to tell would-be "powers that be" to pack it and move because Bitcoin is taking over.

Yeah it's what most hardware developers do in the bitcoin world. I don't like buying something that says it will be delivered on January and then in January I get told I will have to wait until October with the seller keeping my money hostage and refusing to issue refunds...
tinus42
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
March 03, 2014, 11:56:59 AM
 #14

Just start a new one.  Call yourselves "the official foundation", register a domain and go.

Or how about the Provisional Bitcoin Foundation to be followed by the Continuity Bitcoin Foundation and Real Bitcoin Foundation?  Grin
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 1988
Merit: 1007

Newbie


View Profile
March 03, 2014, 12:11:14 PM
 #15


I thought there would be something more damning after reading all that, at least such as Charlie Shrem's eyebrows being a product of massive amounts of cocaine use.

I predicted that this won't finish well. Now it's time to say:

Told Ya So
Rampion
Legendary
*
Offline Offline

Activity: 1120
Merit: 1000


View Profile
March 03, 2014, 12:31:52 PM
 #16

isn't peter vessenes the dummy who didn't register coinlab as a money transmitter and lost $5 million of gox's money? lol!

Peter Vessenes didn't lose the $5.3M belonging to MtGox customers. He stole them.

Loozik
Sr. Member
****
Offline Offline

Activity: 378
Merit: 250


Born to chew bubble gum and kick ass


View Profile
March 03, 2014, 12:46:25 PM
 #17

isn't peter vessenes the dummy who didn't register coinlab as a money transmitter and lost $5 million of gox's money? lol!

Peter Vessenes didn't lose the $5.3M belonging to MtGox customers. He stole them.

Given today's Gox's revelation of Gox's being capable of losing not only crypto but also fiat, it should be duly noted that $5.3 currently hold by Coinlab are safer with Peter Vessenes than with Mark Karpeles.
Zeeks
Full Member
***
Offline Offline

Activity: 180
Merit: 100


View Profile
March 03, 2014, 12:52:06 PM
 #18

It has become apparent that in a monetary system where possession is everything and it's trivial to move large sums to faceless and nameless accounts: everyone has a threshold where if they are handing a certain amount of money they will grab some or all of it for themselves.

Most of the big scandals in this community have turned out to be when someone got greedy and grabbed all the coins. When an "investment" or hardware production or exchange or webstore or whatever was closed because of "problems" it turns out later someone just walked off with the coins because it's so easy and most of the time nothing ever happens to them.

Well, they get a dreaded scammer tag. But only if they are not friends with someone important.

Entire subforums here are devoted to sites and services like this! Many people appear to realize it's games of musical chairs and just try to get in and out before the music stops. It's a bit sick.
Lauda
Legendary
*
Offline Offline

Activity: 1890
Merit: 1558


GUNBOT Licenses -15% with ref. code 'GrumpyKitty'


View Profile WWW
March 03, 2014, 01:02:30 PM
 #19

Interesting read. I'm with you on this. They should have been shut down long ago.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
BitCoinDream
Legendary
*
Offline Offline

Activity: 1288
Merit: 1000

The revolution will be digital


View Profile
March 03, 2014, 01:42:09 PM
 #20

Just like we have multiple exchanges across the globe, we need to have multiple foundations too...

S4VV4S
Hero Member
*****
Offline Offline

Activity: 854
Merit: 500



View Profile
March 03, 2014, 01:43:17 PM
 #21

I must admit.
I have never heard of this Bitcoin Foundation before this post.

What is it that they do exactly?


BitOnyx
Member
**
Offline Offline

Activity: 112
Merit: 10

Cryptocurrencies Exchange


View Profile WWW
March 03, 2014, 02:13:47 PM
 #22

Well everyone cal create foundation and can give it different names. No one car really force any one to give them money, same as no one can take away they money unless it would be used in different way than foundation states. We could create another foundation but who really want to waste time on it. Only problem might be they sometimes represent bitcoin, but soon second market or other bit company might to do and I wouldn't be surprised if it would end up even worst.

Welsh
Legendary
*
Online Online

Activity: 1274
Merit: 1237



View Profile
March 03, 2014, 02:47:49 PM
 #23

Finally people have realized that they are nothing more than a scam, I have never supported anything which the foundation has done even though they have claimed many times that they represent the Bitcoin community. I can't believe so many 'respected' people actually supported them and even defended them on occasions where they have been call out to be a scam with quality evidence.

We don't need a foundation we don't need any one to represent the Bitcoin community or Bitcoin itself.

Mitchell
Staff
Legendary
*
Offline Offline

Activity: 1806
Merit: 1139


Verified awesomeness ✔


View Profile WWW
March 03, 2014, 02:55:39 PM
 #24

I agree with you MPOE-PR. They should have been shut down long ago. I'm against the Bitcoin Foundation and won't be represented by them nor will I ever acknowledge them as leaders, example, or whatever they might want to be. They aren't elected, they don't communicate with the community, you have to buy your way into it, etc. It's just a big no-go.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
RodeoX
Legendary
*
Offline Offline

Activity: 2660
Merit: 1050


The revolution will be monetized!


View Profile
March 03, 2014, 02:58:01 PM
 #25

Yeah, what a scam to take peoples membership money and use it to organize conferences, lobby regulators, provide a resource for business and the press, to provide a space to coordinate the volunteer efforts of dozens of people who actually do something. Wow such scam! Only a doggy based coin could save us now.  Roll Eyes

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin in AFRICA - https://bitcointalk.org/index.php?topic=2710325.msg27720734
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 1988
Merit: 1007

Newbie


View Profile
March 03, 2014, 03:01:20 PM
 #26

Yeah, what a scam to take peoples membership money and use it to organize conferences, lobby regulators, provide a resource for business and the press, to provide a space to coordinate the volunteer efforts of dozens of people who actually do something. Wow such scam! Only a doggy based coin could save us now.  Roll Eyes

Bitcoin Foundation founders violated their own by-laws. Nuff said.
Pangia
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250


View Profile
March 03, 2014, 03:05:23 PM
 #27

I must admit.
I have never heard of this Bitcoin Foundation before this post.

What is it that they do exactly?



The do exactly what they were doing before you ever heard of them: NOTHING.


 
 
           ▄████▄
         ▄████████▄
       ▄████████████▄
     ▄████████████████▄
    ████████████████████      ▄█▄                 ▄███▄                 ▄███▄                 ▄████████████████▀   ▄██████████

  ▄▄▄▀█████▀▄▄▄▄▀█████▀▄▄▄     ▀██▄             ▄██▀ ▀██▄             ▄██▀ ▀██▄             ▄██▀                   ██
▄█████▄▀▀▀▄██████▄▀▀▀▄█████▄     ▀██▄         ▄██▀     ▀██▄         ▄██▀     ▀██▄         ▄██▀        ▄█▄          ▀██████████████▄
████████████████████████████       ▀██▄     ▄██▀         ▀██▄     ▄██▀         ▀██▄     ▄██▀          ▀█▀                        ██
 ▀████████████████████████▀          ▀██▄ ▄██▀             ▀██▄ ▄██▀     ▄█▄     ▀██▄ ▄██▀                                       ██
   ▀████████████████████▀              ▀███▀                 ▀███▀       ▀█▀       ▀███▀      ▄███████████████████████████████████▀
     ▀████████████████▀
       ▀████████████▀
         ▀████████▀
           ▀████▀
║║


║║
.
.

║║
██
║║
.
.

║║
██
║║
.
║║


║║
S4VV4S
Hero Member
*****
Offline Offline

Activity: 854
Merit: 500



View Profile
March 03, 2014, 03:09:41 PM
 #28

I must admit.
I have never heard of this Bitcoin Foundation before this post.

What is it that they do exactly?



The do exactly what they were doing before you ever heard of them: NOTHING.

I guess that's why I have never heard of them Wink


QuestionAuthority
Legendary
*
Offline Offline

Activity: 1918
Merit: 1308


You lead and I'll watch you walk away.


View Profile
March 03, 2014, 03:13:42 PM
 #29

I remember having a long debate with Yankee about the validity of having a "Bitcoin Foundation" in the announcement thread. There were four things that made it invalid for me and I never joined. It violates the prime directive: thou shalt not centralize a decentralized currency, it was formed without a discussion first, it's initial leadership was not representative of the community but representative of business instead and its primary goal was to have big business pay a developer to advance an open source project. Since then it has focused its attention on one country (because perhaps TBF leadership knew that would be the country that eventually jailed them and they needed the support). I ended my debate with Charlie by simply agreeing that it may be good for business but it's not for me and good luck. I was distraught by observing so many supposedly respectable and respected members of the community, which I believed was about real individual freedom, lashing out at anyone that didn't support the newly formed TBF because I did not see it supporting the concepts that these faux visionaries touted. The issue for me isn't the existence of TBF but the way it solicited its massive amount of funding by convincing simpletons to join a non representative organization, use that funding to advance goals that are not in the best interest of its membership and that it required those simpletons to reveal their true identity to be a member.

BTW: Props to MPOE-PR for shedding light on the big problems that no one else will.

BittBurger
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
March 03, 2014, 03:37:07 PM
 #30

couldn't agree more.

two of the core founders are known money laundering scammers.

This is a false statement.  
Based on the information that has been made available, I don't feel that Shrem had any intentions to defraud anyone, nor blatantly break any laundering laws.
As for Karpeles, nobody knows what happened yet.
He does display an incredibly abnormal behavior pattern (stuffing envelopes while Gox was crashed and in emergency state.  Deciding to take the weekend off while his team scrambled to get back online.  Taking his sweet time at Starbucks while people were outside his office, protesting the loss of millions of dollars).  
I dont know if that is arrogance, sociopath behavior or what, but his issues will be made clear soon.

http://www.wired.com/wiredenterprise/2014/03/bitcoin-exchange/

His propensity for bragging and arrogance (as per the wired article at least), wanting to be called "King of Bitcoin" and bragging about his Mensa membership says a lot.
The fact that such an individual helped found the first centralized ego foundation for Bitcoin with 5,000 of his own coins, lends more credibility to the attitude behind the creation of the organization.

Keep the focus on the fact that Bitcoin doesn't need, and shouldn't have a Foundation.  
I realize this flies in the face of everything we understand about worldwide financial systems, but the internet never needed a Foundation.

And lets acknowledge that the Foundation has done some good things to help stave-off regulators for awhile, giving the platform some time to take hold around the world.
But there is absolutely no doubt in my mind that an organization like this should slowly be dissolved, else it will grow into something completely contrary to what Bitcoin represents, eventually.

-B-

Bitcoin's true purpose defined in Satoshi's message on the Genesis Block:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
View it on the Blockchain | Genesis Block Newspaper Copies
ThickAsThieves
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
March 03, 2014, 03:48:49 PM
 #31

couldn't agree more.

two of the core founders are known money laundering scammers.

This is a false statement.  
Based on the information that has been made available, I don't feel that Shrem had any intentions to defraud anyone, nor blatantly break any laundering laws.
As for Karpeles, nobody knows what happened yet.
He does display an incredibly abnormal behavior pattern (stuffing envelopes while Gox was crashed and in emergency state.  Deciding to take the weekend off while his team scrambled to get back online.  Taking his sweet time at Starbucks while people were outside his office, protesting the loss of millions of dollars).  
I dont know if that is arrogance, sociopath behavior or what, but his issues will be made clear soon.

http://www.wired.com/wiredenterprise/2014/03/bitcoin-exchange/

His propensity for bragging and arrogance (as per the wired article at least), wanting to be called "King of Bitcoin" and bragging about his Mensa membership says a lot.
The fact that such an individual helped found the first centralized ego foundation for Bitcoin with 5,000 of his own coins, lends more credibility to the attitude behind the creation of the organization.

Keep the focus on the fact that Bitcoin doesn't need, and shouldn't have a Foundation.  
I realize this flies in the face of everything we understand about worldwide financial systems, but the internet never needed a Foundation.

And lets acknowledge that the Foundation has done some good things to help stave-off regulators for awhile, giving the platform some time to take hold around the world.
But there is absolutely no doubt in my mind that an organization like this should slowly be dissolved, else it will grow into something completely contrary to what Bitcoin represents, eventually.

-B-


A personal lack of belief doesn't make a thing false.

Funding a board of illicit actors does not make one credible.


r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
March 03, 2014, 03:51:46 PM
 #32

It violates the prime directive: thou shalt not centralize a decentralized currency, it was formed without a discussion first, it's initial leadership was not representative of the community but representative of business instead

Problems posed by this idea:

1)  What happens if you attack TBF and Gavin gets mad and goes and becomes an amateur golfer instead.  Bitcoin still needs more hard forks before it's ready to run unattended for years/decades, and there's not many people who can easily create this consensus in a timely manner.  Even if you don't like TBF, it will probably do more harm than good attacking them, at least until every big fork is in the past.  Standard game theory, you're committing suicide to try and make a point for no gain.

2)  You can simply not donate if you don't want to, then you don't lose anything.

3)  If you plan to attack TBF, can you pick a less retarded date than the same week of MtGox.


......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
BittBurger
Hero Member
*****
Offline Offline

Activity: 868
Merit: 1000


View Profile
March 03, 2014, 03:52:22 PM
 #33

A personal lack of belief doesn't make a thing false.

The statement was that they are *known scammers* and money launderers.  
That statement is false, at the very least because all the information isn't out yet, on either of them.
Karpeles situation indicates irresponsibility, arrogance, and possible sociopathy thus far.
Shrem situation reeks of a witch hunt by law enforcement, and I see zero indication of intent to break the law or defraud anyone.

Quote
What happens if you attack TBF and Gavin gets mad and goes and becomes an amateur golfer instead

Good point.  Gavin has expressed a strong desire to fully decentralize the development team, and said he is working with developers in other countries to try and get that going.  But right now, it would be a disaster if he walked away.

-B-

Bitcoin's true purpose defined in Satoshi's message on the Genesis Block:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
View it on the Blockchain | Genesis Block Newspaper Copies
Distortion1919
Newbie
*
Offline Offline

Activity: 18
Merit: 0


View Profile
March 03, 2014, 03:58:07 PM
 #34

I gotta take a shit  Cheesy
pizzaboy69696969
Full Member
***
Offline Offline

Activity: 150
Merit: 100


View Profile
March 03, 2014, 03:59:17 PM
 #35

Yeesh.  That's just what what Bitcoin needs - more bad press!

BlackCoin: BHYoa3fZeKHeM36J3Zur1psLppjNhKL8eF
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 03, 2014, 04:00:36 PM
 #36

Yeah, what a scam to take peoples membership money and use it to organize conferences, lobby regulators, provide a resource for business and the press, to provide a space to coordinate the volunteer efforts of dozens of people who actually do something. Wow such scam!

Dream on.

PS. Do you use Axe? I feel inexplicably very attracted to you on a sexual level. It must be the advertisements didn't lie.

Bitcoin still needs more hard forks

No,  it does not. Nobody of any consequence runs anything past maybe 0.6 or so anyway. Just because a bunch of noobs with a bunch of dust downloaded the most recent release doesn't give it any sort of Bitcoin legitimacy. Currently the latest iOS and the latest bitcoin-qt are about equally relevant to Bitcoin,  which is roughly epsilon.

Nice work on the rest of your bullshit. They aren't points; they roughly reduce to "Pirate was fine and if you don't like ponzis you can just not participate". This was thoroughly debunked two years ago. Read that once a day for the next six months, maybe you get it somehow. In any case shut the fuck up for the interval, you don't have anything to contribute here.


My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
JohnnyBTCSeed
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1000



View Profile
March 03, 2014, 04:26:00 PM
 #37

hmmm,

So if one doesn't want to drink their koolaid then what are the alternatives?

1. Use/promote an altcoin. Nxt? Etherium? or 1000 other alts?

2. Create a non bitcoin foundation client and convince the majority of miners to accept. (take back bitcoin movement)


Can bitcoin be saved? or has the brand bitcoin been forever tainted and coerced? Has Gavin accepted the decentralized bitcoin jesus spirit into his heart?

I think personally that the wink twins are right about the $400 billion ish crypto market cap but I'm feeling that that number will be a total of all of the different crypto coins. One of them will eventually overtake bitcoin by offering such revolutionary ideas as decentralized, no transaction fees, and gasp, anonymousness.
Bobsurplus
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


Making money since I was in the womb! @emc2whale


View Profile
March 03, 2014, 04:33:35 PM
 #38

I hate the foundation... Its filled with early adopter scamers who I'm sure will end up in jail at some point or another like Charlie did.

I bet some of the founding members were even on SR and we know that investigation will be ongoing for years to come.

We need new money investors on the foundation.

Circle, Winklevos ect....

MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 03, 2014, 04:34:09 PM
 #39

hmmm,

So if one doesn't want to drink their koolaid then what are the alternatives?

1. Use/promote an altcoin. Nxt? Etherium? or 1000 other alts?

2. Create a non bitcoin foundation client and convince the majority of miners to accept. (take back bitcoin movement)


Can bitcoin be saved? or has the brand bitcoin been forever tainted and coerced? Has Gavin accepted the decentralized bitcoin jesus spirit into his heart?

I think personally that the wink twins are right about the $400 billion ish crypto market cap but I'm feeling that that number will be a total of all of the different crypto coins. One of them will eventually overtake bitcoin by offering such revolutionary ideas as decentralized, no transaction fees, and gasp, anonymousness.

The relation between the Bitcoin scamfoundation and Bitcoin is roughly the relation between the Westboro Baptist Church and email.

Bitcoin is and will continue to be fine. Alt coins are and will remain a play thing. These are decided by the people who matter, and the people who matter aren't either the derps vying for the spotlight "doing" altcoins nor the derps vying for the spotlight "doing" foundations, conferences, articles and assorted bullshit. Get your hierarchy straight.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
gollum
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


In Hashrate We Trust!


View Profile
March 03, 2014, 04:39:53 PM
 #40

Alt coins are and will remain a play thing. These are decided by the people who matter, and the people who matter aren't either the derps vying for the spotlight "doing" altcoins nor the derps vying for the spotlight "doing" foundations, conferences, articles and assorted bullshit.
I think you underestimate the alt-coins. If most people got burnt on MtGox they don't mind switch over to an alt-coin, they got nothing to lose.

Ripple is the best alt-coin right now since it's based on other assets than itself (the users add the intrinsic value).
Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500

It's all fun and games until somebody loses an eye


View Profile
March 03, 2014, 04:44:30 PM
 #41

+1 to OP, especially about the lack of any financial reports from the Foundation. You took in how many bitcoins, you did what with them? And now, without telling anybody that, you expect us to just keep giving you more bitcoins to feed the black hole? WTF?

If you need an example of what a financial report looks like (and wow, one every month!), you could just ask MPOE-PR to show you.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
Mitchell
Staff
Legendary
*
Offline Offline

Activity: 1806
Merit: 1139


Verified awesomeness ✔


View Profile WWW
March 03, 2014, 04:46:14 PM
 #42

Quote
Ripple is the best alt-coin right now since it's based on other assets than itself (the users add the intrinsic value).
Don't make me laugh dude. Ripple is a bigger joke then dogecoin if you ask me.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
misterbigg
Legendary
*
Offline Offline

Activity: 1064
Merit: 1001



View Profile
March 03, 2014, 04:46:44 PM
 #43

OP brings up very good points and quite frankly MPOE-PR and co's track records are beginning to speak for themselves.
JohnnyBTCSeed
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1000



View Profile
March 03, 2014, 04:48:03 PM
 #44

hmmm,

So if one doesn't want to drink their koolaid then what are the alternatives?

1. Use/promote an altcoin. Nxt? Etherium? or 1000 other alts?

2. Create a non bitcoin foundation client and convince the majority of miners to accept. (take back bitcoin movement)


Can bitcoin be saved? or has the brand bitcoin been forever tainted and coerced? Has Gavin accepted the decentralized bitcoin jesus spirit into his heart?

I think personally that the wink twins are right about the $400 billion ish crypto market cap but I'm feeling that that number will be a total of all of the different crypto coins. One of them will eventually overtake bitcoin by offering such revolutionary ideas as decentralized, no transaction fees, and gasp, anonymousness.

The relation between the Bitcoin scamfoundation and Bitcoin is roughly the relation between the Westboro Baptist Church and email.

Bitcoin is and will continue to be fine. Alt coins are and will remain a play thing. These are decided by the people who matter, and the people who matter aren't either the derps vying for the spotlight "doing" altcoins nor the derps vying for the spotlight "doing" foundations, conferences, articles and assorted bullshit. Get your hierarchy straight.

Ok, just so I can understand your points. You are saying the bitcoin foundation is a scam and bitcoin will have no problem thriving without them.

However, it seems to me we are stuck with them and their decisions at this point. Do we as a community not need gavin? If the bitcoin foundation is scammy then are they already to powerful? What if anything can be done? Is there any course of action or should we just file this info as interesting and go about our business and check back in a few years.
Just curious?
 
Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500

It's all fun and games until somebody loses an eye


View Profile
March 03, 2014, 04:48:18 PM
 #45

OP brings up very good points and quite frankly their track record is beginning to speak for itself.

The track record of MPOE-PR (good) and also the track record of the Bitcoin Foundation (bad).

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
tinus42
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
March 03, 2014, 04:54:59 PM
 #46

I hate the foundation... Its filled with early adopter scamers who I'm sure will end up in jail at some point or another like Charlie did.

I bet some of the founding members were even on SR and we know that investigation will be ongoing for years to come.

We need new money investors on the foundation.

Circle, Winklevos ect....



If you hate the foundation you shouldn't want Winklevii etc. on the board but the foundation thrown into the dustbin of history. Roll Eyes
Bobsurplus
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


Making money since I was in the womb! @emc2whale


View Profile
March 03, 2014, 04:56:22 PM
 #47

I hate the foundation... Its filled with early adopter scamers who I'm sure will end up in jail at some point or another like Charlie did.

I bet some of the founding members were even on SR and we know that investigation will be ongoing for years to come.

We need new money investors on the foundation.

Circle, Winklevos ect....



If you hate the foundation you shouldn't want Winklevii etc. on the board but the foundation thrown into the dustbin of history. Roll Eyes

I think they would be good. They are as far as I can tell, legit.
giszmo
Legendary
*
Offline Offline

Activity: 1568
Merit: 1000


¡ɥɔʇɐʍ ʇsnɾ &#7


View Profile WWW
March 03, 2014, 04:56:50 PM
 #48

hmmm,

So if one doesn't want to drink their koolaid then what are the alternatives?

1. Use/promote an altcoin. Nxt? Etherium? or 1000 other alts?

2. Create a non bitcoin foundation client and convince the majority of miners to accept. (take back bitcoin movement)


Can bitcoin be saved? or has the brand bitcoin been forever tainted and coerced? Has Gavin accepted the decentralized bitcoin jesus spirit into his heart?

I think personally that the wink twins are right about the $400 billion ish crypto market cap but I'm feeling that that number will be a total of all of the different crypto coins. One of them will eventually overtake bitcoin by offering such revolutionary ideas as decentralized, no transaction fees, and gasp, anonymousness.

The relation between the Bitcoin scamfoundation and Bitcoin is roughly the relation between the Westboro Baptist Church and email.

Bitcoin is and will continue to be fine. Alt coins are and will remain a play thing. These are decided by the people who matter, and the people who matter aren't either the derps vying for the spotlight "doing" altcoins nor the derps vying for the spotlight "doing" foundations, conferences, articles and assorted bullshit. Get your hierarchy straight.

Ok, just so I can understand your points. You are saying the bitcoin foundation is a scam and bitcoin will have no problem thriving without them.

However, it seems to me we are stuck with them and their decisions at this point. Do we as a community not need gavin? If the bitcoin foundation is scammy then are they already to powerful? What if anything can be done? Is there any course of action or should we just file this info as interesting and go about our business and check back in a few years.
Just curious?

The so called Bitcoin Foundation gives Gavin money but I doubt he would destroy bitcoin for money.
For me the most important thing here is that people stop giving the Bitcoin Foundation more money. There is absolutely no need for a good Bitcoin Foundation to hoard the money "for us". If they do the right thing, we will give them our money at the right time, not upfront.

If you hate the foundation you shouldn't want Winklevii etc. on the board but the foundation thrown into the dustbin of history. Roll Eyes
If they are scammers: To the dustbin of history with them but not with the money they scammed out of people.

tinus42
Hero Member
*****
Offline Offline

Activity: 742
Merit: 500



View Profile
March 03, 2014, 05:01:29 PM
 #49

The so called Bitcoin Foundation gives Gavin money but I doubt he would destroy bitcoin for money.

If Gavin is essential for Bitcoin's survival there is something seriously wrong with it.

http://en.wikipedia.org/wiki/Bus_factor
newguy05
Hero Member
*****
Offline Offline

Activity: 939
Merit: 501



View Profile WWW
March 03, 2014, 05:06:57 PM
 #50

i agree the bitcoin foundation at best are absolutely useless and at worst promote bad players at the cost of the average joe. I used to drop a little donation to them here and there (not so little given today's prices) but have stopped and wish could get my money back.

They should have removed gox from the gold list a long time ago and mark karpele from the board, add insult to injury, they acted all surprised when gox revealed they were insolvent when majority of the people in the community already knew.

They have done little to promote bitcoins, when is the last event or promotion they did? what have they done to protect the average bitcoin users from all the scams including gox? How about encourage core development on bitcoin(d) itself?  Nothing

The whole organization is a waste of a domain name and oxygen.

I will not be supporting nor donating to them any further.

▄▄▄█████████▄▄▄ ▄▄███████████████████▄▄ ▄█████████████████████████▄ ▄█████████████████████████████▄ ▄████▀ ▀██████ ██████▀ ▀████▄ ▄█████ ▀████ ████▀ █████▄ ███████ ███ ███ ███████ █████████ █ █ █ █████████ █████████▄ ▀ ▄█▄ ▀ ▄█████████ ██████████▄ ▄███▄ ▄██████████ ███████████ █████ ███████████ ████████████ ███████ ████████████ ███████████████████████████████████ ▀████ █ █ █ ▄▄█▀▄██▀▄▀█▀▄██▀▄▀████▀ ▀███ █ █ █ ▄▄█ █ █ █ █ █ █ █ ███▀ ▀███▄█▄██▄▄▄██▄███▄███▄███▄███▀ ▀█████████████████████████▀ ▀▀███████████████████▀▀ ▀▀▀█████████▀▀▀
.WEGOLD. █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █
▄▄▄████████▄▄▄ ▄▄██████████████████▄▄ ▄██████▀▀▀ ▀▀▀██████▄ ▄████▀▀ ▀▀████▄ ▄████ ████▄ ▄████ ████▄ ████ ███ ████ ███ ████ ████▀ ███ ████ ███ ▀████ ████ ███████ ██████ ███████ ████ ████ ███ ██████ ███ ████ ████ ███████████ ███████████ ████ ████▄ ██████ ██████ ▄████ ████ ████ ████ ████ ▀████ ████ ████ ████▀ ▀████ ████▀ ▀████▄▄ ▄▄████▀ ▀██████▄▄▄ ▄▄▄██████▀ ▀▀██████████████████▀▀ ▀▀▀████████▀▀▀
FACEBOOK TWITTER TELEGRAM
ThickAsThieves
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
March 03, 2014, 05:10:05 PM
 #51

hmmm,

So if one doesn't want to drink their koolaid then what are the alternatives?

1. Use/promote an altcoin. Nxt? Etherium? or 1000 other alts?

2. Create a non bitcoin foundation client and convince the majority of miners to accept. (take back bitcoin movement)


Can bitcoin be saved? or has the brand bitcoin been forever tainted and coerced? Has Gavin accepted the decentralized bitcoin jesus spirit into his heart?

I think personally that the wink twins are right about the $400 billion ish crypto market cap but I'm feeling that that number will be a total of all of the different crypto coins. One of them will eventually overtake bitcoin by offering such revolutionary ideas as decentralized, no transaction fees, and gasp, anonymousness.

The relation between the Bitcoin scamfoundation and Bitcoin is roughly the relation between the Westboro Baptist Church and email.

Bitcoin is and will continue to be fine. Alt coins are and will remain a play thing. These are decided by the people who matter, and the people who matter aren't either the derps vying for the spotlight "doing" altcoins nor the derps vying for the spotlight "doing" foundations, conferences, articles and assorted bullshit. Get your hierarchy straight.

Ok, just so I can understand your points. You are saying the bitcoin foundation is a scam and bitcoin will have no problem thriving without them.

However, it seems to me we are stuck with them and their decisions at this point. Do we as a community not need gavin? If the bitcoin foundation is scammy then are they already to powerful? What if anything can be done? Is there any course of action or should we just file this info as interesting and go about our business and check back in a few years.
Just curious?
 

1. The Bitcoin Foundation has no power, only a voice. ...Even that is being snuffed out like the Boy Who Cried Wolf... Only the boy is a wolf, and the "community", it's sheep.

2. Bitcoin does not need Gavin (nor Hearn, etc), it merely suffers them while it determines whether they can separate their heads from their asses.

3. "We" (well, you, and the Foundation) are not an actual "community" in the way you perceive it to be. There's no common cause between a sheep and a wolf.
Lauda
Legendary
*
Offline Offline

Activity: 1890
Merit: 1558


GUNBOT Licenses -15% with ref. code 'GrumpyKitty'


View Profile WWW
March 03, 2014, 05:19:18 PM
 #52

Yeah, what a scam to take peoples membership money and use it to organize conferences, lobby regulators, provide a resource for business and the press, to provide a space to coordinate the volunteer efforts of dozens of people who actually do something. Wow such scam! Only a doggy based coin could save us now.  Roll Eyes
Actually this is what makes the scam more perfect. You're covering it up by 'using' money for this, while you're actually taking more for yourself.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
bitcyclenet
Newbie
*
Offline Offline

Activity: 28
Merit: 0


View Profile
March 03, 2014, 05:21:04 PM
 #53

wow.. didn't realize that until now..
I thought they were legit -.-
raskul
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
March 03, 2014, 05:21:53 PM
 #54

i've had a light bulb moment.
everyone should donate me some bitcoin, then i'll go to the pub and tell folk about bitcoin, using donations to buy the most expensive whisky at the bar, i'll get so drunk, everyone will know about bitcoin.

The Raskul Foundation  Cool

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
JohnnyBTCSeed
Hero Member
*****
Offline Offline

Activity: 882
Merit: 1000



View Profile
March 03, 2014, 05:23:43 PM
 #55

hmmm,

So if one doesn't want to drink their koolaid then what are the alternatives?

1. Use/promote an altcoin. Nxt? Etherium? or 1000 other alts?

2. Create a non bitcoin foundation client and convince the majority of miners to accept. (take back bitcoin movement)


Can bitcoin be saved? or has the brand bitcoin been forever tainted and coerced? Has Gavin accepted the decentralized bitcoin jesus spirit into his heart?

I think personally that the wink twins are right about the $400 billion ish crypto market cap but I'm feeling that that number will be a total of all of the different crypto coins. One of them will eventually overtake bitcoin by offering such revolutionary ideas as decentralized, no transaction fees, and gasp, anonymousness.

The relation between the Bitcoin scamfoundation and Bitcoin is roughly the relation between the Westboro Baptist Church and email.

Bitcoin is and will continue to be fine. Alt coins are and will remain a play thing. These are decided by the people who matter, and the people who matter aren't either the derps vying for the spotlight "doing" altcoins nor the derps vying for the spotlight "doing" foundations, conferences, articles and assorted bullshit. Get your hierarchy straight.

Ok, just so I can understand your points. You are saying the bitcoin foundation is a scam and bitcoin will have no problem thriving without them.

However, it seems to me we are stuck with them and their decisions at this point. Do we as a community not need gavin? If the bitcoin foundation is scammy then are they already to powerful? What if anything can be done? Is there any course of action or should we just file this info as interesting and go about our business and check back in a few years.
Just curious?
 

1. The Bitcoin Foundation has no power, only a voice. ...Even that is being snuffed out like the Boy Who Cried Wolf... Only the boy is a wolf, and the "community", it's sheep.

2. Bitcoin does not need Gavin (nor Hearn, etc), it merely suffers them while it determines whether they can separate their heads from their asses.

3. "We" (well, you, and the Foundation) are not an actual "community" in the way you perceive it to be. There's no common cause between a sheep and a wolf.


to clarify...
"we" as in users of bitcoin.

ok, I give up. I don't have enough posts under my belt to shoot the shit with you big boys. I'll check back in a few years. Hopefully yall have figured this out by then.
gollum
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250


In Hashrate We Trust!


View Profile
March 03, 2014, 05:30:38 PM
 #56

If the rats leave the bitcoin ship the foundation can have fun with their playmoney.
We start a new bitcoin 2.0 with no premining (im not talking about an alt-coin, but an exact copy of bitcoin)
newguy05
Hero Member
*****
Offline Offline

Activity: 939
Merit: 501



View Profile WWW
March 03, 2014, 05:32:12 PM
 #57

If the rats leave the bitcoin ship the foundation can have fun with their playmoney.
We start a new bitcoin 2.0 with no premining (im not talking about an alt-coin, but an exact copy of bitcoin)

lol good luck with that...

▄▄▄█████████▄▄▄ ▄▄███████████████████▄▄ ▄█████████████████████████▄ ▄█████████████████████████████▄ ▄████▀ ▀██████ ██████▀ ▀████▄ ▄█████ ▀████ ████▀ █████▄ ███████ ███ ███ ███████ █████████ █ █ █ █████████ █████████▄ ▀ ▄█▄ ▀ ▄█████████ ██████████▄ ▄███▄ ▄██████████ ███████████ █████ ███████████ ████████████ ███████ ████████████ ███████████████████████████████████ ▀████ █ █ █ ▄▄█▀▄██▀▄▀█▀▄██▀▄▀████▀ ▀███ █ █ █ ▄▄█ █ █ █ █ █ █ █ ███▀ ▀███▄█▄██▄▄▄██▄███▄███▄███▄███▀ ▀█████████████████████████▀ ▀▀███████████████████▀▀ ▀▀▀█████████▀▀▀
.WEGOLD. █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █
▄▄▄████████▄▄▄ ▄▄██████████████████▄▄ ▄██████▀▀▀ ▀▀▀██████▄ ▄████▀▀ ▀▀████▄ ▄████ ████▄ ▄████ ████▄ ████ ███ ████ ███ ████ ████▀ ███ ████ ███ ▀████ ████ ███████ ██████ ███████ ████ ████ ███ ██████ ███ ████ ████ ███████████ ███████████ ████ ████▄ ██████ ██████ ▄████ ████ ████ ████ ████ ▀████ ████ ████ ████▀ ▀████ ████▀ ▀████▄▄ ▄▄████▀ ▀██████▄▄▄ ▄▄▄██████▀ ▀▀██████████████████▀▀ ▀▀▀████████▀▀▀
FACEBOOK TWITTER TELEGRAM
aTg
Legendary
*
Offline Offline

Activity: 1358
Merit: 1000



View Profile
March 03, 2014, 06:01:38 PM
 #58

+1

From the first time they have no meaning to exist, bitcoin is protected by itself.

Why is not the foundation investigating the gox fraud?
RodeoX
Legendary
*
Offline Offline

Activity: 2660
Merit: 1050


The revolution will be monetized!


View Profile
March 03, 2014, 06:03:13 PM
 #59

Yeah, what a scam to take peoples membership money and use it to organize conferences, lobby regulators, provide a resource for business and the press, to provide a space to coordinate the volunteer efforts of dozens of people who actually do something. Wow such scam! Only a doggy based coin could save us now.  Roll Eyes
Actually this is what makes the scam more perfect. You're covering it up by 'using' money for this, while you're actually taking more for yourself.

Oh I am? That's quite a surprise, but I'll take it. Where do I pick up my share of the scam money?
So let's break down your statement and associated premises.

1. There is a grand scam. But you can't explain it because it is so....?
2. There is a coverup. The proof of the coverup is the denial of the grand scam.
3. I'm involved and taking the money for myself.  What money, I have no clue?


The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin in AFRICA - https://bitcointalk.org/index.php?topic=2710325.msg27720734
Lauda
Legendary
*
Offline Offline

Activity: 1890
Merit: 1558


GUNBOT Licenses -15% with ref. code 'GrumpyKitty'


View Profile WWW
March 03, 2014, 06:07:21 PM
 #60

Actually this is what makes the scam more perfect. You're covering it up by 'using' money for this, while you're actually taking more for yourself.

Oh I am? That's quite a surprise, but I'll take it. Where do I pick up my share of the scam money?
So let's break down your statement and associated premises.

1. There is a grand scam. But you can't explain it because it is so....?
2. There is a coverup. The proof of the coverup is the denial of the grand scam.
3. I'm involved and taking the money for myself.  What money, I have no clue?


Sorry, not you  Cheesy (badly written sentence).
Let's say the CEO of TBF is covering it up...

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
RodeoX
Legendary
*
Offline Offline

Activity: 2660
Merit: 1050


The revolution will be monetized!


View Profile
March 03, 2014, 06:33:30 PM
 #61

Actually this is what makes the scam more perfect. You're covering it up by 'using' money for this, while you're actually taking more for yourself.

Oh I am? That's quite a surprise, but I'll take it. Where do I pick up my share of the scam money?
So let's break down your statement and associated premises.

1. There is a grand scam. But you can't explain it because it is so....?
2. There is a coverup. The proof of the coverup is the denial of the grand scam.
3. I'm involved and taking the money for myself.  What money, I have no clue?


Sorry, not you  Cheesy (badly written sentence).
Let's say the CEO of TBF is covering it up...

I'm not blindly defending the foundation here. The crap with Charlie was ridiculous and criminal. But that was a shock to BF members also. Not having a foundation or foundations (the more the better IMO) means surrendering your rights to the ignorant whims of policy makers.
Instead of tearing down an organization that fights for bitcoin, why not start your own? The BF does not officially represent bitcoin. That means anyone can start their own.
It also means you can argue for different positions on issues.
For example, some here believe that bitcoin should be totally anonymous and/or nontaxable. A new group could be formed to push for that agenda. I would love it if this happened! To argue this you will need to hire a lawyer/lobbyist and set up some meeting in Washington. It is going to be expensive, so your going to need money from your members. These members will be backing an idea with a zero sum. The lawyers are either going to convince lawmakers that bitcoin should be exempt from U.S. law, or they are going to get nothing and like it. That is why I support the BF. They are in the best position to get something done because they take smarter positions. If someone else has a better idea, I'm all ears.

 

The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin in AFRICA - https://bitcointalk.org/index.php?topic=2710325.msg27720734
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
March 03, 2014, 06:42:34 PM
 #62

Bitcoin still needs more hard forks

No,  it does not. Nobody of any consequence runs anything past maybe 0.6 or so anyway. Just because a bunch of noobs with a bunch of dust downloaded the most recent release doesn't give it any sort of Bitcoin legitimacy. Currently the latest iOS and the latest bitcoin-qt are about equally relevant to Bitcoin,  which is roughly epsilon.

Nice work on the rest of your bullshit. They aren't points; they roughly reduce to "Pirate was fine and if you don't like ponzis you can just not participate". This was thoroughly debunked two years ago. Read that once a day for the next six months, maybe you get it somehow. In any case shut the fuck up for the interval, you don't have anything to contribute here.

Yea, that's a great idea, leave block size as it is so you can cap out at 7 TPS and go nowhere.  A limit like that could be reached within 1 year with people like Ebay, Amazon, etc signing on.  Bitcoin still has it's training wheels on and isn't going to be anything of relevance without Gavin babysitting it for another year.  You're basically someone attempting to profit off the backs of other people's work while criticizing them for it.  It doesn't really matter if they're scammers or CIA agents, or whatever, the point still stands, you're the one getting a free ride.  And please stop pretending to be a woman on the internet.  If you are a woman, that's the most sociopathic, hateful, angry, psycho woman I've ever seen.


......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
escrow.ms
Legendary
*
Offline Offline

Activity: 1190
Merit: 1002

GPG Key-ID: B82BA7E1 | I don't use skype.


View Profile
March 03, 2014, 07:44:25 PM
 #63

Well, I agree with you.

They gave their silver membership seal (aka license of Trust and Promotion) to several sites, but when users got scammed, they did nothing.
For example: Inputs.io  https://bitcointalk.org/index.php?topic=253675.0
It's still there : https://members.bitcoinfoundation.org/current

Oh btw, platinum member (mtgox) is not on the list anymore.


Ps: Someone really needs to edit wikipedia 
http://en.wikipedia.org/wiki/Bitcoin_Foundation (The Bitcoin Foundation is a charitable foundation) Charitable??

 

https://21.co/escrow/
Tip address: 1nPfxnncZqWvVP4UHT6XLfNzfaik7akQS
desired_username
Hero Member
*****
Offline Offline

Activity: 867
Merit: 1000


View Profile
March 03, 2014, 07:54:06 PM
 #64

What have the Romans ever done for us?  Smiley
Mitchell
Staff
Legendary
*
Offline Offline

Activity: 1806
Merit: 1139


Verified awesomeness ✔


View Profile WWW
March 03, 2014, 07:56:42 PM
 #65

Well, I agree with you.

They gave their silver membership seal (aka license of Trust and Promotion) to several sites, but when users got scammed, they did nothing.
For example: Inputs.io  https://bitcointalk.org/index.php?topic=253675.0
It's still there : https://members.bitcoinfoundation.org/current

Oh btw, platinum member (mtgox) is not on the list anymore.
That's just bad. Damn.

What have the Romans ever done for us?  Smiley
A lot. Please come back with a valid argument.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500

It's all fun and games until somebody loses an eye


View Profile
March 03, 2014, 08:01:13 PM
 #66

What have the Romans ever done for us?  Smiley

? What do Romans have to do with the Bitcoin Foundation?

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
ThickAsThieves
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
March 03, 2014, 08:14:35 PM
 #67

What have the Romans ever done for us?  Smiley

Can't tell if joking! (Mr. Popescu is Romanian, not Roman)
desired_username
Hero Member
*****
Offline Offline

Activity: 867
Merit: 1000


View Profile
March 03, 2014, 08:19:46 PM
 #68

What have the Romans ever done for us?  Smiley

? What do Romans have to do with the Bitcoin Foundation?

It was a monty python reference:

http://www.youtube.com/watch?v=ExWfh6sGyso

enjoy
ThickAsThieves
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500



View Profile
March 03, 2014, 08:24:22 PM
 #69

What have the Romans ever done for us?  Smiley

? What do Romans have to do with the Bitcoin Foundation?

It was a monty python reference:

http://www.youtube.com/watch?v=ExWfh6sGyso

enjoy

Ah, that's why I don't know it. I can't stand Monty Python.
desired_username
Hero Member
*****
Offline Offline

Activity: 867
Merit: 1000


View Profile
March 03, 2014, 08:37:19 PM
 #70

To be clear I'm not pro or anti foundation.

Personally, I agree that they are not transparent enough, that's why I don't send them money.

OP has a point in this regard, but the drama is completely unnecessary considering that everyone is free to create "competition"...
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 03, 2014, 09:21:06 PM
 #71

Yea, that's a great idea, leave block size as it is so you can cap out at 7 TPS and go nowhere.  A limit like that could be reached within 1 year with people like Ebay, Amazon, etc signing on.

Quote
I don’t think it’s either practical nor feasible nor even desirable to use Bitcoin in the day to day dabble of pizzas, phone credits, hairspray and sneakers. People try to, because of the misguided belief that Bitcoin value is somehow related to or deriving from its crossection in the retail market. This happens to be completely untrue : you can’t buy any pizza with SDRs, and yet that doesn’t somehow make SDRs worthless. The belief itself may be a case of “everything appears a nail to the man holding a hammer”, in the sense that people who have never interracted with any other aspect of economy besides the supermarket counter may genuinely imagine that’s what economy is. Still, that makes no difference.

On a third hand, from a technical perspective Bitcoin is neither designed to nor capable to support retail level transactions. The credit card processors (Visa, Mastercard, AmEx etc) cleared something to the tune of one billion transactions in 2010. At an average size of a very conservative 600 bytes per transaction that would have added 600 Gb to the blockchain. At roughly 1% of that for its entire 4 year history Bitcoin is already too heavy, causing serious problems for people trying to start a new client. Moreover the year of 2010 contained about 50k blocks, which at most may carry 1 Mb each : even if each block was full Bitcoin could have at most carried 10% of that sort of volume.

For the reasons noted and for many other reasons I am pretty much satisfied that Bitcoin is not nor will it ever be a direct means of payment for retail anything. You may end up paying for a month’s worth of coffee vouchers at your favourite coffee shop via Bitcoin (so shop scrip built on top of Bitcoin), you may end up settling your accounts monthly at the restaurant in Bitcoin (so store credit built on top of Bitcoin), you will probably cash into whatever local currency from Bitcoin (be it Unified Standard Dubaloos or Universally Simplified Dosidoes or whatever else) but all that is entirely different a story.

via Bitcoin prices, Bitcoin inflexibility.

Well, I agree with you.

They gave their silver membership seal (aka license of Trust and Promotion) to several sites, but when users got scammed, they did nothing.
For example: Inputs.io  https://bitcointalk.org/index.php?topic=253675.0
It's still there : https://members.bitcoinfoundation.org/current

Oh btw, platinum member (mtgox) is not on the list anymore.

The most offensive part about this isn't that they STILL list stuff like GBBG, but the despicably silent way they go about removing the scams. Is BFL there anymore? No. The statement about how they pushed a scam and are sorry? Published the same place the reports were published. Gox is not there anymore? Whoa, the silence about it is deafening. Sort-of like bit scammers a la usagi or goat going through the forum and deleting their old posts pushing whatever random scam. Never happened, right?


My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
corebob
Full Member
***
Offline Offline

Activity: 224
Merit: 100


View Profile
March 03, 2014, 09:52:10 PM
 #72

How about we forget about the Bitcoin Foundation and make our own. If you have a bitcoin address, you are a member
Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500

It's all fun and games until somebody loses an eye


View Profile
March 03, 2014, 09:57:11 PM
 #73

How about we forget about the Bitcoin Foundation and make our own. If you have a bitcoin address, you are a member

Anybody can have an address, that does not mean they understand anything about what is going on.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
Bit_Happy
Legendary
*
Offline Offline

Activity: 1764
Merit: 1003


A Great Time to Start Something!


View Profile
March 03, 2014, 10:06:40 PM
 #74


Everyone should see that.

FYI: We are planning a fun, harmless "10% Attack" on the ETH/ICO Bubble Game.
Bit_Happy
Legendary
*
Offline Offline

Activity: 1764
Merit: 1003


A Great Time to Start Something!


View Profile
March 03, 2014, 10:09:46 PM
 #75

I must admit.
I have never heard of this Bitcoin Foundation before this post.

What is it that they do exactly?



They enjoy a huge pile of BTC donated when it was cheap.
They get accused of massive conflicts of interest.
That is a fast, exact summary.

FYI: We are planning a fun, harmless "10% Attack" on the ETH/ICO Bubble Game.
tayfun73
Jr. Member
*
Offline Offline

Activity: 34
Merit: 0


View Profile
March 03, 2014, 10:17:25 PM
 #76

+1

From the first time they have no meaning to exist, bitcoin is protected by itself.

Why is not the foundation investigating the gox fraud?


Hmmm, you ask that question, yet you know the answer already.  Wink
hyunsookmom
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250


Kamehameha!!!


View Profile
March 03, 2014, 10:19:08 PM
 #77

I don't know anything about this foundation but it seems to me Bitcoin doesn't need any central committee or foundation cause once you get people with power then you have the potential for corruption. Bitcoin as a technology does away with people surely that the whole point.

tabnloz
Legendary
*
Offline Offline

Activity: 961
Merit: 1000


View Profile
March 03, 2014, 10:39:49 PM
 #78

It is a shame that it has devolved to this.

having a public voice, name and representation helps legitimize and increase adoption with the gen pop.

but having a "centralised" entity for a decentralised, disruptive platform is problematic as the best way to destroy a decentralised entity is to turn it centralised: it puts names and faces in the firing line. So, TBF needed to all be cleanskins, honest and with integrity.

Unfortunately this has not been the case and as such we have multiple scandals and the community turns on itself.


Kouye
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250


Cuddling, censored, unicorn-shaped troll.


View Profile
March 03, 2014, 10:48:08 PM
 #79

Why is this thread still here, and not in the "Scam Accusations" sub, to which it rightfully belongs?

[OVER] RIDDLES 2nd edition --- this was claimed. Look out for 3rd edition!
I won't ever ask for a loan nor offer any escrow service. If I do, please consider my account as hacked.
2bitidiot
Newbie
*
Offline Offline

Activity: 1
Merit: 0


View Profile
March 03, 2014, 11:26:05 PM
 #80

The foundation's leadership is being overhauled. Vessenes and Matonis are out shortly. Pros are coming.
Atruk
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500



View Profile
March 03, 2014, 11:33:30 PM
 #81

The foundation's leadership is being overhauled. Vessenes and Matonis are out shortly. Pros are coming.

Zed's Dead.

Let us hope this is the end of the imagination foundation.

Bit_Happy
Legendary
*
Offline Offline

Activity: 1764
Merit: 1003


A Great Time to Start Something!


View Profile
March 03, 2014, 11:33:55 PM
 #82

I don't know anything about this foundation but it seems to me Bitcoin doesn't need any central committee or foundation cause once you get people with power then you have the potential for corruption. Bitcoin as a technology does away with people surely that the whole point.

They have some power, but a really bad rep.

FYI: We are planning a fun, harmless "10% Attack" on the ETH/ICO Bubble Game.
Nancarrow
Hero Member
*****
Offline Offline

Activity: 493
Merit: 500


View Profile
March 04, 2014, 12:18:00 AM
 #83

The foundation's leadership is being overhauled. Vessenes and Matonis are out shortly. Pros are coming.

I'm not fully in the loop. I know Vessenes is a parasite, but what's bad about Matonis?

If I've said anything amusing and/or informative and you're feeling generous:
1GNJq39NYtf7cn2QFZZuP5vmC1mTs63rEW
Nathonas
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250

Knowledge is Power


View Profile WWW
March 04, 2014, 12:24:00 AM
 #84

My reaction to OP



Seriously though, this whole Bitcoin Foundation business is very interesting. For some reason, because I kept reading about them on reddit and because they have such a nice and important sounding name, I assumed they were doing something useful in the Bitcoin community. But when you think about ,what HAVE they contributed? I don't know if they're a scam, but all I know is they've been pocketing money and not really outputting anything I've heard of. This needs further investigation. OP is a little aggressive but raises an important issue.

All we have to decide is what to do with the time that is given us.
bananas
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
March 04, 2014, 12:26:41 AM
 #85

true story
Mike Christ
aka snapsunny
Legendary
*
Offline Offline

Activity: 1092
Merit: 1000



View Profile
March 04, 2014, 12:29:26 AM
 #86

What a shame; I wouldn't trust another man to handle my money properly, unless I wanted him to keep it for himself--but then it wouldn't be my money anymore.  But since people go through most of their lives giving up money (except unlike TBF, at gunpoint) to strangers to pay for their roads, children's education and defense etc., I can see how such a mistake can go unnoticed to the individual who has yet to detect that his money is not being spent wisely (nor will it ever, if you average the times between other men handling your money properly vs. improperly).

The lesson to learn: if you honestly want your money to go to the best businesses and causes, you need to spend that money yourself.  We all learn it as children: be responsible.  You cannot have responsibility over that which beyond your control, nor is it beneficial to leave this trust unto others to be responsible in your absence, except when you actually do trust those people, and I've had some friends far longer than TBF has existed that I wouldn't trust with my money.  Honestly, it is a shame to see the good intentions of people misused, but such is the result for one who is not careful.

ivroer
Member
**
Offline Offline

Activity: 85
Merit: 10


View Profile
March 04, 2014, 12:38:57 AM
 #87

OP brings up very good points and quite frankly their track record is beginning to speak for itself.

The track record of MPOE-PR (good) and also the track record of the Bitcoin Foundation (bad).

I move that MPOE-PR be appointed supreme dictator of the Bitcoin Foundation.

Hopefully these will be the first orders of business: dissolve, disband, liquidate.


Seriously though, here is my 2 satoshis for what it's worth:
In my early exposure to Bitcoin I thought it was likely a scam due the existence of tBF. Only after digging into the heart of technical (protocol) details made me believe it was truly something new and worth pursuing. I think it all comes down to a naming choice, if the word Bitcoin wasn't in their name then no one would care.
Lauda
Legendary
*
Offline Offline

Activity: 1890
Merit: 1558


GUNBOT Licenses -15% with ref. code 'GrumpyKitty'


View Profile WWW
March 04, 2014, 01:06:37 AM
 #88

OP brings up very good points and quite frankly their track record is beginning to speak for itself.

The track record of MPOE-PR (good) and also the track record of the Bitcoin Foundation (bad).
The track records of TBC board members is also neutral or bad (mostly).

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
repentance
Hero Member
*****
Offline Offline

Activity: 840
Merit: 1000


View Profile
March 04, 2014, 02:20:10 AM
 #89

The foundation's leadership is being overhauled. Vessenes and Matonis are out shortly. Pros are coming.

I thought they were just leaving Bitcoin Foundation in order to set up a UK-based international Bitcoin body.  If you consider them incompetent or undesirable representatives of Bitcoin at a national level, then them representing it at an international is hardly a positive thing.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
bg002h
Donator
Legendary
*
Offline Offline

Activity: 1386
Merit: 1001


I outlived my lifetime membership:)


View Profile WWW
March 04, 2014, 03:27:03 AM
 #90

The Bitcoin Foundation was a large confidence scam perpetrated on the very naive, rather noobish yet very vain Bitcoin community cca 2012-2014 - and running for about as long as Pirate's ponzi.

It was thought out, constructed and initially run by Peter Vessenes, and then passed along to various accomplices. (Don't imagine that if I don't name you, we don't have the file. We have the file. You will be serving time, in all likelihood.)

It worked like so:

 1. Collect donations from the clueless yet vain. Because Bitcoin is full of people who belabour under the delusion that if they speak a lot about Bitcoin, if they paint "Bitcoin" all over the four walls of their dwelling and so on then they're somehow "part of Bitcoin". Charging these idiots a hefty fee for an "official" stamp of approval* is a logical next step, and it collected a massive warchest (even more than the thousands of BTC this forum - also run on MtGox servers - has collected for "software upgrades").

The CEO and Treasurer at the time, one Peter Vessenes simply pocketed this money. No report was ever published, no report will ever be published. More advanced than the MtGox scam, the Foundation is a "non profit" and it has no creditors, so nobody has standing to take them to court.

 2. Vouch for scams. It is very lucrative to sell protection; that's what most underworld kingpins do for a living. That's what the Bitcoin Foundation did for a living too, once the BTC price went up and the dubious character of the people running it became public knowledge (ie, once MP said so). With dwindling donation income and a never ending hunger for cash**, the Bitcoin Foundation was repurposed as a voucher for whoever could afford to pay. Like BFL. Like MtGox.

The only reason Pirate wasn't vouched for by the Bitcoin Foundation is that I killed him before he had a chance. The only reason the Patrick Harnett scammer didn't end up on their board is because MP killed him before he had a chance. The only reason Silk Road's guy wasn't vouched for by the Bitcoin Foundation is that he couldn't be bothered (or afford) to pay them. The only reason TradeFortress wasn't similarly has to do with cash. And this list could go on.
 
Think things through: it's not so hard to collect five thousand Bitcoin and then from that pay fifty to some clueless, famished nerd or other.

It's not hard to pretend like you're professional while you're lying through your teeth and defrauding everyone in sight.

It's not hard to pretend like you have "public support" when you're only talking to the clueless noobs that joined yesterday, who think Auroracoin actually "has a market cap" and so on. In a population of 19 yo Xavier Uni graduates, any lie can pass for truth if large enough and repeated often enough.

What is hard is to stand for something, what is hard is to speak the uncomfortable truths***, what is hard is to keep promises and to refuse to make promises that can't be kept and to tell would-be "powers that be" to pack it and move because Bitcoin is taking over.

But the Bitcoin Foundation isn't in the business of all that. The Bitcoin Foundation was in the business of taking money from they too stupid to keep it, and votes from they too clueless to have any money, and then sell the package to the highest bidder. Whoever it may be. Vessenes & co gotta be bought out after all, it's not like the shit they do has any intrinsic value whatsoever. Acquisition or bust, it's what they learned, it's what they do, it's what they'll teach you, if you'll let them. (And if you do let them you might as well use fiat, seriously now. It's easier, and insured.)

So now they're decamping to the UK in the hopes they may avoid US side prosecution, (a move deeply reminiscent of Vleisides, incidentally). Derp. You're all going to jail, boys and girls. You're all going to jail for being thieves, and liars, and con men. And to quote from a much older article of MP's (funny how that guy always wrote today's article months ago, isn't it?):

Quote
There’s just no way this little experiment in mishandling other people’s money can end up anywhere other than in a court, and there’s pretty good odds that it will be through penal rather than civil proceedings - the people involved are too many and too stupid for the state not to intervene.

Once that happens, I am positive and certain that the same people who are now running around calling their betters names will try to turn things into some sort of “mean state infringing on people’s rights”. They have a fine record at trying exactly that.

The problem is, the lot of them being packed up and hauled to jail would be no such infringement. It is at this point perfectly reasonable and quite unavoidable. Sure, they’ll try and sell this libertarian angle, that’s the curse of being pro-freedom : all the scumbags try to exploit you for their little profit turning “ideas”. It won’t wash. The girl that already beat you in the PR marketplace will beat you again, dear Sonny & co. She has the material right here.

---
* See this excellent quote from Chris Ballas:

Quote
And here I have to go back over something.  The harder part of the psychology is that the demo doesn't want to become full time traders, either at home all day or on Wall Street-- that part must remain a fantasy--  because then it would be a job and it wouldn't count; it has to be a side gig, then their success wasn't their "work self" but their "real" self;  no one else can claim a sliver of that success-- not the liberals with their "'entrepreneurs' just pretend they don't benefit from public services!" or the wives with their "behind every good man...!" or the echoes of their father yelling,  "you need to apply to Sperry Rand, now there's a company you can put in forty years with!"  It all happened in their head, no one else can share the credit, it is 100% a consequence of their personal value.    Bonus: if they fail, it can be quickly discounted as merely a hobby-- that wasn't, after all, their real self.

The mistake is in thinking this has anything to do with the money.  It's said that most at home traders fail, but this is incorrect: they fail at making money, but they are successful at feeling like a trader.  That is the goal; the money is secondary, which is why they fail at making it.  The buy/hold/reinvest the dividends strategy of Buffet is totally opposite to what's desired, because the strategy does not involve market timing or status updates, it is on autopilot, and there's no "i" in autopilot.  Well, there's one, but it doesn't stand out.

** This is the problem with scum posing as businessmen: the things they make aren't cash generators, they're cash black holes. This is fundamentally why we don't want scum to pass for businessmen: not because we don't like their ugly mugs, but because we don't want to be surrounded by "businesses" that only work if someone somewhere keeps printing money. We're not trying to re-build the US pseudo-economy here, quite the contrary.

*** From You Are The 98%:

Quote
There's a difference between what you need and what you want, and the media will always, relentlessly give you what you want.  Do you know why you have such poor candidates every single election?  Because you want them, you want someone you can easily judge for some sexual indiscretion or because they called latinos chicanos.  "Well, that matters to us!"  Then you got what you asked for.

The media will have data mined the culture and chosen for you two cans of Campbell's Chicken Soup, and then encouraged a public debate about which can is a better representation of the spirit of the country, the one on the left or the one on the right.  "Well, that matters to us!"  I know.  

Undoing the ignore long enough to skim this post was just not a wise move on my part...

Hardfork aren't that hard.
1GCDzqmX2Cf513E8NeThNHxiYEivU1Chhe
bg002h
Donator
Legendary
*
Offline Offline

Activity: 1386
Merit: 1001


I outlived my lifetime membership:)


View Profile WWW
March 04, 2014, 03:29:03 AM
 #91

I must admit.
I have never heard of this Bitcoin Foundation before this post.

What is it that they do exactly?



Have a look. The OP isn't well respected, so take no notice.

https://bitcoinfoundation.org/forum/index.php?/topic/752-the-good-and-useful-things-the-foundation-has-done-for-us-members-compiled-by-dr-brian-goss/

Hardfork aren't that hard.
1GCDzqmX2Cf513E8NeThNHxiYEivU1Chhe
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 04, 2014, 04:10:22 AM
 #92

I must admit.
I have never heard of this Bitcoin Foundation before this post.

What is it that they do exactly?

Have a look. The OP isn't well respected, so take no notice.

https://bitcoinfoundation.org/forum/index.php?/topic/752-the-good-and-useful-things-the-foundation-has-done-for-us-members-compiled-by-dr-brian-goss/

Nice try, sidestepping the actual issues (such as you know, accounting fraud, tortious misrepresentation and quite possibly false pretenses, quite definitely embezzlement and a myriad other civil and criminal violations) by failful personal attacks (nobody heard of you, I'm easily on any list of respectable voices on this forum, buzz off) and a laundry list of...nonsense. Conferences don't count, and there's literally nothing else on that list.

Now go tell your puppet masters that a) you failed miserably and b) they'll need much much better damage control. Ideally, they'll need some lawyers. Preferably someone with an actual clue (which excludes Murck, he's the ninny that got them in their present muck).

Oh, and since two can play that game, "Dr." Brian Goss (a freshly failed medical student in Chicago interviewing for residency training in radiology): here's your old page, from back when you were pushing the mywallet scam.

Quite respectable indeed, imbecile.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
March 04, 2014, 04:18:43 AM
 #93

I don’t think it’s either practical nor feasible nor even desirable to use Bitcoin in the day to day dabble of pizzas, phone credits, hairspray and sneakers. People try to, because of the misguided belief that Bitcoin value is somehow related to or deriving from its crossection in the retail market.

Looks to me more and more like you're trying to destroy Bitcoin.  If Bitcoin doesn't try to compete in internet retailer purchases, such as Amazon, Ebay, etc, then it can easily fade into obscurity and be replaced by another product that does it all.  Market cap and liquidity is everything.  Amazon alone does 75 billion in sales a year.  Bitcoin wasn't created so that you have to convert BTC to fiat anytime you want to do something, it was created to spend in it's on units on these sites.  Pruning or other methods have to be worked on to improve this unless you just want a small number of super nodes, which seems to be the current course even at 7 TPS.

Another reason I see you either trying to destroy Bitcoin, or having no idea what you're doing, is that you seem to be one of those people who promote Bitcoin as the only coin that should exist.  You must not know how finance works at all if you think that's going to happen.  There are many reasons why altcoins will exist:

1)  People want to be able to hedge to prevent catastrophic loss that can occur from a single block chain.  The finance industry demands it, and they will get it.

2)  A single developer (Gavin) being able to screw up a software update and causing a fork that destroys a 10+ billion dollar business is not an option.  See #1.  People will want to minimize their possible risks to 10-20% loss for attacks or things like this happening.

3)  Demand for anonymous transactions vs open transactions.

4)  Practical hardware/space limitations of a single chain that has already been discussed.

5)  The usage of PoS as a virtual bank.

6)  How easy it is for a government to co-opt, attack, or take over a single chain.  It's much harder to take over or destroy 10 at once.  My estimate is, there will be 5-10 large coins.

7)  Dozens more that I don't feel like typing.


......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
seriouscoin
Hero Member
*****
Offline Offline

Activity: 658
Merit: 500


View Profile
March 04, 2014, 04:19:23 AM
 #94

I must admit.
I have never heard of this Bitcoin Foundation before this post.

What is it that they do exactly?

Have a look. The OP isn't well respected, so take no notice.

https://bitcoinfoundation.org/forum/index.php?/topic/752-the-good-and-useful-things-the-foundation-has-done-for-us-members-compiled-by-dr-brian-goss/

Nice try, sidestepping the actual issues (such as you know, accounting fraud, tortious misrepresentation and quite possibly false pretenses, quite definitely embezzlement and a myriad other civil and criminal violations) by failful personal attacks (nobody heard of you, I'm easily on any list of respectable voices on this forum, buzz off) and a laundry list of...nonsense. Conferences don't count, and there's literally nothing else on that list.

Now go tell your puppet masters that a) you failed miserably and b) they'll need much much better damage control. Ideally, they'll need some lawyers. Preferably someone with an actual clue (which excludes Murck, he's the ninny that got them in their present muck).

Oh, and since two can play that game, "Dr." Brian Goss (a freshly failed medical student in Chicago interviewing for residency training in radiology): here's your old page, from back when you were pushing the mywallet scam.

Quite respectable indeed, imbecile.

Hahhaha, pwn!

Where are the Bitcoin Foundation's masters? Dont hide you scamming fck.
AnonyMint
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
March 04, 2014, 04:30:21 AM
 #95

For as long as the Bitcoin Foundation controls the core developers who control the most popular fork of Bitcoin, y'all just blowin' hot air out ye arse.  Wink

unheresy.com - Prodigiously Elucidating the Profoundly ObtuseTHIS FORUM ACCOUNT IS NO LONGER ACTIVE
Bit_Happy
Legendary
*
Offline Offline

Activity: 1764
Merit: 1003


A Great Time to Start Something!


View Profile
March 04, 2014, 04:33:16 AM
 #96


Pay devs (2 now)

How is that good? It's a famous Open Source project, do other big projects pay the dev team?*
*I know many of the .org projects run a .com business, but do they pay the devs?

FYI: We are planning a fun, harmless "10% Attack" on the ETH/ICO Bubble Game.
Ikinoki
Full Member
***
Offline Offline

Activity: 128
Merit: 100


View Profile
March 04, 2014, 04:35:04 AM
 #97

So Bitcoin foundation has not done anything practically useful for Bitcoin... All they did is secure their businesses positions (senate hearings, letters) and financially (insider trading (see my recent post about Gox death), raising capital)...

I don't think it has ANY right to be called Bitcoin Foundation because it's just little club of shady merchants (and their track records are pretty shitty and shady).
They do not support the software (programmer donations were done only twice for the whole time being, funnelling funds to actual needs of the software (security, usability, optimization) vs. securing their own businesses ('payment' protocol) haven't happened), the community (no lawyer support in case of gox (platinum member of foundation !sic) or other entities (bips for example)) vs. completely antisocial behaviour (insider trading, slamming bitcoin name into pr dirt).

This is very sad, because we have a $600 per coin BETA SOFTWARE.

Donations to 1LHTGFYHfMDgfgmDcYugW6RsKKfKBRfLVg
Bit_Happy
Legendary
*
Offline Offline

Activity: 1764
Merit: 1003


A Great Time to Start Something!


View Profile
March 04, 2014, 04:36:52 AM
 #98

I must admit.
I have never heard of this Bitcoin Foundation before this post.

What is it that they do exactly?

Have a look. The OP isn't well respected, so take no notice.

https://bitcoinfoundation.org/forum/index.php?/topic/752-the-good-and-useful-things-the-foundation-has-done-for-us-members-compiled-by-dr-brian-goss/

Nice try, sidestepping the actual issues (such as you know, accounting fraud, tortious misrepresentation and quite possibly false pretenses, quite definitely embezzlement and a myriad other civil and criminal violations) by failful personal attacks (nobody heard of you, I'm easily on any list of respectable voices on this forum, buzz off) and a laundry list of...nonsense. Conferences don't count, and there's literally nothing else on that list.

Now go tell your puppet masters that a) you failed miserably and b) they'll need much much better damage control. Ideally, they'll need some lawyers. Preferably someone with an actual clue (which excludes Murck, he's the ninny that got them in their present muck).

Oh, and since two can play that game, "Dr." Brian Goss (a freshly failed medical student in Chicago interviewing for residency training in radiology): here's your old page, from back when you were pushing the mywallet scam...


For the noobs, mywallet was one of the first huge BTC thefts from a "hack"



Wow...

FYI: We are planning a fun, harmless "10% Attack" on the ETH/ICO Bubble Game.
justusranvier
Legendary
*
Offline Offline

Activity: 1400
Merit: 1006



View Profile WWW
March 04, 2014, 04:42:57 AM
 #99

How is that good? It's a famous Open Source project, do other big projects pay the dev team?*
*I know many of the .org projects run a .com business, but do they pay the devs?
I know of one company who actually produced clean-slate, engineered reimplementation of the Bitcoin reference client and gives it away as open source just so they'd have a stable base on which to build their actual business.
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
March 04, 2014, 04:49:35 AM
 #100

For as long as the Bitcoin Foundation controls the core developers who control the most popular fork of Bitcoin, y'all just blowin' hot air out ye arse.  Wink

The most insane person in the thread was the only person to post the correct answer.  


......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
AnonyMint
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
March 04, 2014, 05:17:08 AM
 #101

The so called Bitcoin Foundation gives Gavin money but I doubt he would destroy bitcoin for money.

Insert the word 'intentionally' between "would destroy".

Gavin is either complicit or more likely a pawn who thinks he is choosing the best compromises to grow the adoption. And I doubt Gavin has enough power to hard fork even if he wanted to. We are in political game theory now, and the power vacuum of democracy applies.

This is why I say an anonymous Benevolent Dictator for Life is critical, otherwise the power vacuum devolves into either chaos or vested interest control with manipulation of the irrational desires of the masses, e.g. "easy as facebook exchange between fiat".

Egypt or Ukraine serves as a salient recent example.

unheresy.com - Prodigiously Elucidating the Profoundly ObtuseTHIS FORUM ACCOUNT IS NO LONGER ACTIVE
tvbcof
Legendary
*
Offline Offline

Activity: 2534
Merit: 1004


View Profile
March 04, 2014, 06:26:44 AM
 #102


Watching*

(*) which I feel at liberty to do being one of the VERY early people to call the Bitcoin Foundation out when fuckin near everyone else was all ga-ga over it...


chriswilmer
Legendary
*
Offline Offline

Activity: 1008
Merit: 1000


View Profile WWW
March 04, 2014, 06:34:53 AM
 #103

I haven't seen anyone point out that the Bitcoin Foundation pays Gavin's salary, so that he can focus on developing the Bitcoin protocol. That seems like money well spent, right? (feel free to make counter arguments... I certainly don't inspect Gavin's code contributions personally)
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
March 04, 2014, 06:40:00 AM
 #104

And I doubt Gavin has enough power to hard fork even if he wanted to.

He easily does.  Same thing with Sunny King and proof of stake.  Since not even the developer himself really seems to understand how proof of stake works, and all the secondary or unintended consequences of each variable, few people have the authority to create a consensus to stop something if he wants it to happen.  Bitcoin is the same way.  It's easier to understand the general concepts of PoW, but there's still secondary or unintended consequences that make the "authority figures" divisible by a handful, or maybe even 1, especially when each change has to conform to future plans that aren't even known by all parties.


......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
justusranvier
Legendary
*
Offline Offline

Activity: 1400
Merit: 1006



View Profile WWW
March 04, 2014, 06:40:10 AM
 #105

I haven't seen anyone point out that the Bitcoin Foundation pays Gavin's salary, so that he can focus on developing the Bitcoin protocol.
How much protocol development has happened in the last year?
Atruk
Hero Member
*****
Offline Offline

Activity: 700
Merit: 500



View Profile
March 04, 2014, 06:46:29 AM
 #106

I don’t think it’s either practical nor feasible nor even desirable to use Bitcoin in the day to day dabble of pizzas, phone credits, hairspray and sneakers. People try to, because of the misguided belief that Bitcoin value is somehow related to or deriving from its crossection in the retail market.
2)  A single developer (Gavin) being able to screw up a software update and causing a fork that destroys a 10+ billion dollar business is not an option.  See #1.  People will want to minimize their possible risks to 10-20% loss for attacks or things like this happening.

3)  Demand for anonymous transactions vs open transactions.

4)  Practical hardware/space limitations of a single chain that has already been discussed.

5)  The usage of PoS as a virtual bank.

6)  How easy it is for a government to co-opt, attack, or take over a single chain.  It's much harder to take over or destroy 10 at once.  My estimate is, there will be 5-10 large coins.

7)  Dozens more that I don't feel like typing.

Gavin hasn't been Bitcoin's best friend in quite some time and even nao the development accomplishments haven't been much.

r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
March 04, 2014, 06:54:32 AM
 #107

How much protocol development has happened in the last year?

How anxious are you to be the sole person to get blamed for breaking a $10+ billion dollar industry?  Probably wants to outsource some responsibility to other people first so it's at least a team effort if they manage to screw it up.  They're at a stage where they have to make permanent choices that will decide the entire future of the currency and if it fails or succeeds.  Things like the whole 7 vs 80-100TPS deal, and huge block chains with high centralization and high transactions vs lower centralization and crap volume.  The guy doesn't seem like a rock star, anarchist programmer, with the idea of "fuck the entire world, I'm doing it my way".

There has to be at least 3-4 more high profile people from several other different countries like China, Germany, Japan, Finland, etc, involved and taking responsibility before anything big happens.

What do you think this article actually means?  It doesn't mean what Coindesk wrote, it means he's scared to be responsible for something that might decide the fate of the entire planet lol.

http://www.coindesk.com/gavin-andresen-bitcoin-companies-support-open-source/


......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
hammo
Sr. Member
****
Offline Offline

Activity: 474
Merit: 250



View Profile
March 04, 2014, 07:02:46 AM
 #108

Just start a new one.  Call yourselves "the official foundation", register a domain and go.
Or what about the 'Bitcoin Founding Foundation' or BFF for short  Roll Eyes


             █████████████████            
          ███████████████████████         
        ███████████████████████████       
       █████████████████████████████      
      ████████████████████████████     
██████████████████████████████████████████
█████████████████████████████████████████
█████   █ █ █   █   █   █ █ ████ ██   ███
█████ ███ █ █ █ █ ████ ██ █ ███ █ ██ ████
█████   █ █ █   █   ██ ███ ████ █ ██ ████
███████ █ █ █  ██ ████ ███ ████   ██ ████
█████   █   █ █ █   ██ ███ ██ █ █ █   ███
█████████████████████████████████████████
██████████████████████████████████████████
      ████████████████████████████     
      ████████████████████████████     
       ██████████████████████████      
         ██████████████████████        
            ████████████████           

SURETY.AI
 ███
  █
  █      ███    
  █    ▄█▀
  █    █
  █    █
  █    █
  █    █
  █    █
  █    █
  █    █

         ███
          █
 ███      █
   ▀█▄    █
     █    █
     █    █
     █    █
     █    █
     █    █
     █    █
     █    █
 


       ▄▄▄▄▄▄
    ▄████████
    █████▀▀▀▀
   ▐████
   ▐████
████████████
████████████
   ▐████
   ▐████
   ▐████
   ▐████
   ▐████

 


▄                 ▄████▄▄    ▄
▀██             ████████████▀
 ████▄         █████████████▀
 ▀████████▄▄   █████████████
█▄▄█████████████████████████
 ██████████████████████████
   ▀██████████████████████
    █████████████████████
     ▀█████████████████▀
       ▄█████████████▀
▄▄████████████████▀
   ▀▀▀▀▀▀▀▀▀▀▀▀

justusranvier
Legendary
*
Offline Offline

Activity: 1400
Merit: 1006



View Profile WWW
March 04, 2014, 07:11:05 AM
 #109

What do you think this article actually means?  It doesn't mean what Coindesk wrote, it means he's scared to be responsible for something that might decide the fate of the entire planet lol.

http://www.coindesk.com/gavin-andresen-bitcoin-companies-support-open-source/
So more Bitcoin companies should be involved in development? It's funny that Conformal Systems did exactly that, and gets no recognition from Gavin or any of the other core developers for their contributions.

Unlike BitPay which made a big deal of supporting the community via Jeff Garzik's 2000 LOC, Conformal put the development of their actual business on hold for a year while they wrote a clean slate reimplementation of the reference implementation as an open source donation to the community.

Fortunately, they're about done with that so now they can focus on their Coinvoice service. I say fortunately because that means they've had time to help out two local merchants in Austin that got burned by BitPay. (Do you know how embarrassing it is to go around to local merchants convincing them to start accepting Bitcoin and pointing them at the most well-known Bitcoin payment processor just to have them run into existential problems like "not getting paid?")
yamamushi
Newbie
*
Offline Offline

Activity: 10
Merit: 0

If it moves, compile it!


View Profile WWW
March 04, 2014, 07:24:36 AM
 #110

Fortunately, they're about done with that so now they can focus on their Coinvoice service. I say fortunately because that means they've had time to help out two local merchants in Austin that got burned by BitPay. (Do you know how embarrassing it is to go around to local merchants convincing them to start accepting Bitcoin and pointing them at the most well-known Bitcoin payment processor just to have them run into existential problems like "not getting paid?")

Considering one of them was a licensed firearms dealer, and in order to buy weapons through them you have to go through an FBI background check, it was extremely frustrating that BitPay or Coinbase wouldn't work with them.

Founder of the Austin Bitcoin Meetup
AnonyMint
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
March 04, 2014, 07:59:11 AM
 #111

And I doubt Gavin has enough power to hard fork even if he wanted to.

He easily does.  Same thing with Sunny King and proof of stake.

But he (personally) doesn't (without great risk) in the overall (holistic) political game theory. You are thinking too-inside-the-box.

unheresy.com - Prodigiously Elucidating the Profoundly ObtuseTHIS FORUM ACCOUNT IS NO LONGER ACTIVE
5flags
Full Member
***
Offline Offline

Activity: 224
Merit: 100

Professional anarchist


View Profile WWW
March 04, 2014, 08:12:05 AM
 #112

Yeah, what a scam to take peoples membership money and use it to organize conferences, lobby regulators, provide a resource for business and the press, to provide a space to coordinate the volunteer efforts of dozens of people who actually do something. Wow such scam! Only a doggy based coin could save us now.  Roll Eyes

+21 million

Agree. This thread is a ridiculous criticism, obviously made by someone with no understanding that Bitcoin is NOT an island. It interfaces in very real ways with centralised, legacy systems - and we need an organised, dedicated focal point.

This doesn't mean the foundation is beyond criticism, but let's not throw the baby out with the bath water.


http://5fla.gs - @5flags on Twitter
tayfun73
Jr. Member
*
Offline Offline

Activity: 34
Merit: 0


View Profile
March 04, 2014, 08:33:09 AM
 #113

Yeah, what a scam to take peoples membership money and use it to organize conferences, lobby regulators, provide a resource for business and the press, to provide a space to coordinate the volunteer efforts of dozens of people who actually do something. Wow such scam! Only a doggy based coin could save us now.  Roll Eyes

+21 million

Agree. This thread is a ridiculous criticism, obviously made by someone with no understanding that Bitcoin is NOT an island. It interfaces in very real ways with centralised, legacy systems - and we need an organised, dedicated focal point.

This doesn't mean the foundation is beyond criticism, but let's not throw the baby out with the bath water.




Agreed, we do need an organised and dedicated group of people who represent the community. However, who voted these guys in? What input did the bitcoin community as a whole have in the establishment of the foundation, yet alone electing who would be on there? I guess having such shrewd businessman and solid citizens as Mark Karpeles on the board made them think they didn't need that input.

It would be interesting to weigh up the good that the foundation has done compared to the damage that they have done to the brand. It wasn't until the knife was well and truly to the bone that they got rid of Gox and Karpeles. I do not believe for one minute that they were suddenly 'surprised' by what happened over in Tokyo.
5flags
Full Member
***
Offline Offline

Activity: 224
Merit: 100

Professional anarchist


View Profile WWW
March 04, 2014, 08:51:53 AM
 #114

Agreed, we do need an organised and dedicated group of people who represent the community. However, who voted these guys in? What input did the bitcoin community as a whole have in the establishment of the foundation, yet alone electing who would be on there? I guess having such shrewd businessman and solid citizens as Mark Karpeles on the board made them think they didn't need that input.

It would be interesting to weigh up the good that the foundation has done compared to the damage that they have done to the brand. It wasn't until the knife was well and truly to the bone that they got rid of Gox and Karpeles. I do not believe for one minute that they were suddenly 'surprised' by what happened over in Tokyo.

Yea, all valid points. Like I say, they aren't beyond criticism. Like it or not, Bitcoin, by its very nature attracts the kind of person with an affinity for risk. Criminals and entrepreneurs share this affinity. And as we've seen, the line between entrepreneur and criminal is blurry, to say the least.

It's important to remember that TBF does not own Bitcoin. Their activities are what THEY think are in Bitcoin's best interest. We don't have to agree, or take any notice. But there's nothing stopping anyone setting up another lobbying group.

http://5fla.gs - @5flags on Twitter
tayfun73
Jr. Member
*
Offline Offline

Activity: 34
Merit: 0


View Profile
March 04, 2014, 09:00:07 AM
 #115

Agreed, we do need an organised and dedicated group of people who represent the community. However, who voted these guys in? What input did the bitcoin community as a whole have in the establishment of the foundation, yet alone electing who would be on there? I guess having such shrewd businessman and solid citizens as Mark Karpeles on the board made them think they didn't need that input.

It would be interesting to weigh up the good that the foundation has done compared to the damage that they have done to the brand. It wasn't until the knife was well and truly to the bone that they got rid of Gox and Karpeles. I do not believe for one minute that they were suddenly 'surprised' by what happened over in Tokyo.

Yea, all valid points. Like I say, they aren't beyond criticism. Like it or not, Bitcoin, by its very nature attracts the kind of person with an affinity for risk. Criminals and entrepreneurs share this affinity. And as we've seen, the line between entrepreneur and criminal is blurry, to say the least.

It's important to remember that TBF does not own Bitcoin. Their activities are what THEY think are in Bitcoin's best interest. We don't have to agree, or take any notice. But there's nothing stopping anyone setting up another lobbying group.

Fair enough, they do not own bitcoin, we can set up a rival group etc etc, but I read earlier that they pay Gavin's salary as the lead dev for the bitcoin project. Noone will deny that he deserves to get paid and does a top job, but it's a bit worrying when you have a foundation which has very little confidence put in it by the community being Gavin's 'boss', and have the fate of the currency at their mercy.
5flags
Full Member
***
Offline Offline

Activity: 224
Merit: 100

Professional anarchist


View Profile WWW
March 04, 2014, 09:06:56 AM
 #116

Fair enough, they do not own bitcoin, we can set up a rival group etc etc, but I read earlier that they pay Gavin's salary as the lead dev for the bitcoin project. Noone will deny that he deserves to get paid and does a top job, but it's a bit worrying when you have a foundation which has very little confidence put in it by the community being Gavin's 'boss', and have the fate of the currency at their mercy.

One day, I hope Gavin earns enough to buy a small island in the South Pacific where he can live out his days with 12 young wives serving him mojitos on the beach. His stewardship of Bitcoin has been exemplary.

There would be nothing stopping a "rival" foundation "outbidding" to pay Gavin. Or even paying him in addition to his TBF income.

http://5fla.gs - @5flags on Twitter
cosmofly
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
March 04, 2014, 09:38:54 AM
 #117

i always disagree with MP , but i admit he is 100% spot on about the foundation. They have to be shut down , they must be shutdown. They have stolen hundreds of thousands worth of bitcoins and DID NOTHING for the community, yes they are pocketing it all. They did NOTHING NOTHING NOTHING.

The development is a complete joke and bitcoin is in grave danger due to the lack of active development. No marketing, no promotion, no government lobbying, nothing, all they do is get paid more money to attend conferences and visits to the CIA.

We need to shut them down immediately.
The_Duke
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250


Lead Core BitKitty Developer


View Profile
March 04, 2014, 09:42:23 AM
 #118

In September 2012, as a response to the BF Announcement I already posted:

Quote
So the bitcoin foundation (which had nothing to do with founding bitcoin and created itself without involvement from the bitcoin community or its creator) gets a start as some incredibly overhyped Announcement (yeah, with a capital A apparently).
THIS is that big announcement that would bring more stability to bitcoin? A self proclaimed "bitcoin foundation" that on its own decides how to best help bitcoin?
To me, this just looks like a lot of e-peening by a bunch of people who on their own have become too invested in bitcoin and who are in effect decentralizing it by pulling to much attention and too much involvement onto themselves, thereby hindering the openness and freedom of bitcoin.
Why does something that is supposed to be uncontrolled and decentralized need a centralized body to control anything? What if the Bitcoin Foundation starts doing or saying things that a lot of bitcoin users feel is harmful to bitcoin? Can we replace the people in bitcoin foundation?

It will give the "outside world" (filled with evil bankers, corporations and goverments) a centralized point from which to influence bitcoin. (And whoever thinks they will influence it in a direction that is good for bitcoin is just being naive) They can now just talk to THE "Bitcoin Foundation", which happens to also include the major developers, the ones controlling the trademarks, etc.
Under the flag of "not for profit" bitcoin seems to get commercialized. :sad:

Turns out it's all even worse than I suspected back then. But at least my mistrust was justified.

NOT a member of the so called ''Bitcoin Foundation''. Choose Independence!

Donate to the BitKitty Foundation instead! -> 1Fd4yLneGmxRHnPi6WCMC2hAMzaWvDePF9 <-
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 04, 2014, 09:43:55 AM
 #119

Watching*

(*) which I feel at liberty to do being one of the VERY early people to call the Bitcoin Foundation out when fuckin near everyone else was all ga-ga over it...

This would be true.

He easily does.  Same thing with Sunny King and proof of stake.  Since not even the developer himself really seems to understand how proof of stake works, and all the secondary or unintended consequences of each variable, few people have the authority to create a consensus to stop something if he wants it to happen.  Bitcoin is the same way.  It's easier to understand the general concepts of PoW, but there's still secondary or unintended consequences that make the "authority figures" divisible by a handful, or maybe even 1, especially when each change has to conform to future plans that aren't even known by all parties.

Listen nooblet, stop positing that if you've eaten cereal in the morning three times this past week this is "what's done in the morning". Some people fuck in the morning. For instance, your parents, which is how a cereal eating snotty brat like you even exists in the first place.

So more Bitcoin companies should be involved in development? It's funny that Conformal Systems did exactly that, and gets no recognition from Gavin or any of the other core developers for their contributions.

This. Gavin used to be respectable. Not so much anymore.

Back when Gavin used to be respectable, Gavin used to wield a lot of power re the -qt client, and people used to like...even download the newer versions. That time is well past. The overall impact on the Bitcoin network of a new delivery of bitcoin-qt code is roughly nil. You gotta understand that Bitcoin = the Bitcoins, if you get a lot of adoption from people who have together half a Bitcoin you've really got no adoption worth the mention.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
AnonyMint
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
March 04, 2014, 09:51:14 AM
 #120

So you've just argued TBF has no effective power, so then why give a fuck what they do?

I think you've just argued that no one can control Bitcoin right now and thus there is no way to make any more hard forks.

unheresy.com - Prodigiously Elucidating the Profoundly ObtuseTHIS FORUM ACCOUNT IS NO LONGER ACTIVE
raskul
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
March 04, 2014, 09:53:37 AM
 #121

So you've just argued TBF has no effective power, so then why give a fuck what they do?

I think you've just argued that no one can control Bitcoin right now and thus there is no way to make any more hard forks.

I have to say, i'm with you on that one. I couldn't give a flying fork what the bitcoin foundation do, they don't speak for me, nor will any members club who evolve in the future democratically elected, or not. Good riddance if they fade into obscurity, and if they don't, it makes not a blind bit of difference to me.

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
5flags
Full Member
***
Offline Offline

Activity: 224
Merit: 100

Professional anarchist


View Profile WWW
March 04, 2014, 09:55:16 AM
 #122

This. Gavin used to be respectable. Not so much anymore.

That whole article is a childish and petulant rant.

http://5fla.gs - @5flags on Twitter
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 04, 2014, 09:59:23 AM
 #123

Fortunately, they're about done with that so now they can focus on their Coinvoice service. I say fortunately because that means they've had time to help out two local merchants in Austin that got burned by BitPay. (Do you know how embarrassing it is to go around to local merchants convincing them to start accepting Bitcoin and pointing them at the most well-known Bitcoin payment processor just to have them run into existential problems like "not getting paid?")

A lot more documentation is needed re this. Please share.

So you've just argued TBF has no effective power, so then why give a fuck what they do?

I think you've just argued that no one can control Bitcoin right now and thus there is no way to make any more hard forks.

I have to say, i'm with you on that one. I couldn't give a flying fork what the bitcoin foundation do, they don't speak for me, nor will any members club who evolve in the future democratically elected, or not. Good riddance if they fade into obscurity, and if they don't, it makes not a blind bit of difference to me.

A fraud is a fraud is a fraud. You may be new here, don't know who I am, what I do, how Bitcoin works etc.

This doesn't mean anything changes, it just means you need to stfu.

That whole article is a childish and petulant rant.


My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
raskul
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
March 04, 2014, 10:00:14 AM
 #124


A fraud is a fraud is a fraud. You may be new here, don't know who I am, what I do, how Bitcoin works etc.

This doesn't mean anything changes, it just means you need to stfu.



PMT dear?

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
AnonyMint
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
March 04, 2014, 10:06:24 AM
 #125

So you've just argued TBF has no effective power, so then why give a fuck what they do?

I think you've just argued that no one can control Bitcoin right now and thus there is no way to make any more hard forks.

I have to say, i'm with you on that one. I couldn't give a flying fork what the bitcoin foundation do, they don't speak for me, nor will any members club who evolve in the future democratically elected, or not. Good riddance if they fade into obscurity, and if they don't, it makes not a blind bit of difference to me.

A fraud is a fraud is a fraud. You may be new here, don't know who I am, what I do, how Bitcoin works etc.

This doesn't mean anything changes, it just means you need to stfu.

Am I mistaken or you the person who private messaged me in Spring of 2013 and tried to get me involved in some action? Aren't/weren't you running some kind Bitcoin options pool business? I had a warning from rpietila about you? Or am I confusing you with someone else? Apologies in advance if my vague memory is incorrect.

unheresy.com - Prodigiously Elucidating the Profoundly ObtuseTHIS FORUM ACCOUNT IS NO LONGER ACTIVE
justusranvier
Legendary
*
Offline Offline

Activity: 1400
Merit: 1006



View Profile WWW
March 04, 2014, 10:08:23 AM
 #126

Fortunately, they're about done with that so now they can focus on their Coinvoice service. I say fortunately because that means they've had time to help out two local merchants in Austin that got burned by BitPay. (Do you know how embarrassing it is to go around to local merchants convincing them to start accepting Bitcoin and pointing them at the most well-known Bitcoin payment processor just to have them run into existential problems like "not getting paid?")

A lot more documentation is needed re this. Please share.
http://centraltexasgunworks.com/latest-news/bitcoin

A week after this press release went out, Central Texas Gun Works got dropped by BitPay and had to fight to get even the money they were owed released.

Their are now up and running on CoinVoice.

http://techzette.com/businesses-accepting-bitcoin-in-austin-texas/

La Canasta Market started to have problems not getting paid for some of their sales. Apparently a customer was using a Coinbase wallet and the transaction was not being broadcast before the 15 minute timer expired.

BitPay has some kind of procedure for the merchant to manually accept those payments, but it wasn't working and they weren't able to help him, blaming a snowstorm on the support delay.

A member of the local Meetup group, the one who first convinced the owner to accept Bitcoin in the first place, reimbursed him out of pocket. They'll be running on CoinVoice shortly as well.
AnonyMint
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
March 04, 2014, 10:11:18 AM
 #127

You can reload the Bitpay page that says expired later then it will show it was paid.

unheresy.com - Prodigiously Elucidating the Profoundly ObtuseTHIS FORUM ACCOUNT IS NO LONGER ACTIVE
Feri22
Hero Member
*****
Offline Offline

Activity: 748
Merit: 500


View Profile
March 04, 2014, 10:12:30 AM
 #128

Alt coins are and will remain a play thing. These are decided by the people who matter, and the people who matter aren't either the derps vying for the spotlight "doing" altcoins nor the derps vying for the spotlight "doing" foundations, conferences, articles and assorted bullshit.
Ripple is the best alt-coin right now since it's based on other assets than itself (the users add the intrinsic value).

No it's not...
justusranvier
Legendary
*
Offline Offline

Activity: 1400
Merit: 1006



View Profile WWW
March 04, 2014, 10:16:51 AM
 #129

You can reload the Bitpay page that says expired later then it will show it was paid.
The issue here is that you've got a grocery store owner who doesn't know anything about Bitcoin, except that he was told it would make his life easier, who's not a computer geek and isn't even completely fluent in English, discovering that he wasn't getting payed for every sale and BitPay couldn't tell him what was happening and how to fix it.

That's how you snatch defeat from the jaws of victory and poison the merchant adoption well.
AnonyMint
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
March 04, 2014, 10:22:00 AM
 #130

No argument from me on that. I complained in the forum previously about how brain-dead Bitpay is on that issue.

unheresy.com - Prodigiously Elucidating the Profoundly ObtuseTHIS FORUM ACCOUNT IS NO LONGER ACTIVE
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 04, 2014, 11:16:54 AM
 #131

PMT dear?

Just approximate quoting.

http://centraltexasgunworks.com/latest-news/bitcoin

A week after this press release went out, Central Texas Gun Works got dropped by BitPay and had to fight to get even the money they were owed released.

Their are now up and running on CoinVoice.

http://techzette.com/businesses-accepting-bitcoin-in-austin-texas/

La Canasta Market started to have problems not getting paid for some of their sales. Apparently a customer was using a Coinbase wallet and the transaction was not being broadcast before the 15 minute timer expired.

BitPay has some kind of procedure for the merchant to manually accept those payments, but it wasn't working and they weren't able to help him, blaming a snowstorm on the support delay.

A member of the local Meetup group, the one who first convinced the owner to accept Bitcoin in the first place, reimbursed him out of pocket. They'll be running on CoinVoice shortly as well.

Good to know.

snatch defeat from the jaws of victory

God I love that expression.

Am I mistaken or you the person who private messaged me in Spring of 2013 and tried to get me involved in some action? Aren't/weren't you running some kind Bitcoin options pool business? I had a warning from rpietila about you? Or am I confusing you with someone else? Apologies in advance if my vague memory is incorrect.

If you're the sort of guy getting warnings from the uppity tortilla, I would suspect anything could have happened. Well..."happened".

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
r0ach
Legendary
*
Offline Offline

Activity: 1260
Merit: 1000


View Profile
March 04, 2014, 11:28:45 AM
 #132

He easily does.  Same thing with Sunny King and proof of stake.  Since not even the developer himself really seems to understand how proof of stake works, and all the secondary or unintended consequences of each variable, few people have the authority to create a consensus to stop something if he wants it to happen.  Bitcoin is the same way.  It's easier to understand the general concepts of PoW, but there's still secondary or unintended consequences that make the "authority figures" divisible by a handful, or maybe even 1, especially when each change has to conform to future plans that aren't even known by all parties.

Listen nooblet, stop positing that if you've eaten cereal in the morning three times this past week this is "what's done in the morning". Some people fuck in the morning. For instance, your parents, which is how a cereal eating snotty brat like you even exists in the first place.

Is there any post that you don't sound like an angry psychopath?  Someone might mistake you for Anonymint, since you're both angry egomaniacs, but there's at least some substance in what he posts.  Ok, we get it, some fool at the Bitcoin foundation pocketed some money, just like the premine scammers in the altcoin forum.  Where do you and your unpaved road in Romania come into this picture again?  You're feigning moral outrage while basically being a complete dirt bag yourself.  

There's only one person that actually matters at that foundation.  He's going to do whatever his own free will is regardless of yours, and you'll be his hostage for the foreseeable future until Bitcoin is done being forked.  You can stop pretending like you have any power over the situation.  Since you're so morally outraged, I guess the only option would be to divorce yourself from Bitcoin entirely, then you can go on living a pious lifestyle as a normal Romanian school girl/boy/thing.

The rest of us will go on realizing this isn't a democracy.

......ATLANT......
..Real Estate Blockchain Platform..
                    ▄▄▄▄▄▄▄▄▄
                    ████████████░
                  ▄██████████████░
                 ▒███████▄████████░
                ▒█████████░████████░
                ▀███████▀█████████
                  ██████████████
           ███████▐██▀████▐██▄████████░
          ▄████▄█████████▒████▌█████████░
         ███████▄█████████▀██████████████░
        █████████▌█████████▐█████▄████████░
        ▀█████████████████▐███████████████
          █████▀████████ ░███████████████
    ██████▐██████████▄████████████████████████░
  ▄████▄████████▐███████████████░▄▄▄▄░████████░
 ▄██████▄█████████▐█████▄█████████▀████▄█████████░
███████████████████▐█████▄█████████▐██████████████░
▀████████▀█████████▒██████████████▐█████▀█████████
  ████████████████ █████▀█████████████████████████
   ▀██▀██████████ ▐█████████████  ▀██▀██████████
    ▀▀█████████    ▀▀█████████    ▀▀██████████

..INVEST  ●  RENT  ●  TRADE..
 ✓Assurance     ✓Price Discovery     ✓Liquidity     ✓Low Fees





███
███
███
███
███
███





███
███
███
███
███
███
███
███
███
███
███
███

◣Whitepaper ◣ANN ThreadTelegram
◣ Facebook     ◣ Reddit          ◣ Slack


███
███
███
███
███
███
███
███
███
███
███
███





███
███
███
███
███
███








Hero/Legendary members
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 04, 2014, 11:36:59 AM
 #133

derp

Yes, the forum is full of MPOE-PR wanna-bes. So what of it?

Old news anyway, MP said this was going to happen cca 2012.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
cosmofly
Full Member
***
Offline Offline

Activity: 126
Merit: 100


View Profile
March 04, 2014, 12:01:37 PM
 #134

I think its time for action i had enough, enough is enough. The foundation must be destroyed.

IF we for example setup a new bitcoin superfund, MP can possibly head this fund which will result in the creation of a new foundation with core values such as :

- rapid and ongoing bitcoin software development
- Focus on marketing and promotion of bitcoin
- Lobbying Governments
- Providing educational services for the public & business
- Transparency (financial accounts must be audited)

Would the community support such an idea/ would MP like to head such an initiative? (atleast until we can vote in a learship board ?)


i think it's time for action and would love to come together as a community.

oda.krell
Legendary
*
Offline Offline

Activity: 1470
Merit: 1007



View Profile
March 04, 2014, 12:15:03 PM
 #135


The foundation is here to stay, as long as no substantial number of miners, users and investors have an aversion to them big enough to force them to disband. Deal with it.

As to why that is the case... well, let's just say, after reading that psychopathic, textbook Dunning–Kruger drivel by OP, I suddenly feel almost grateful for the contributions by the (mostly bland) people that seem to populate the foundation forum.

Mouthfoam away, OP.

Not sure which Bitcoin wallet to use? Take a look at Electrum.
Electrum is an open-source lightweight client: user friendly, fast, and guaranteed to keep your coins safe.
Get the executables (Windows, OSX, Linux, Android), source code and documentation on the Electrum homepage.
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 04, 2014, 02:15:08 PM
 #136

I think its time for action i had enough, enough is enough. The foundation must be destroyed.

IF we for example setup a new bitcoin superfund, MP can possibly head this fund which will result in the creation of a new foundation with core values such as :

- rapid and ongoing bitcoin software development
- Focus on marketing and promotion of bitcoin
- Lobbying Governments
- Providing educational services for the public & business
- Transparency (financial accounts must be audited)

Would the community support such an idea/ would MP like to head such an initiative? (atleast until we can vote in a learship board ?)


i think it's time for action and would love to come together as a community.

The only worthwhile goal at the present time is specifying the bloody protocol already. Something that's been on the table for a long, long time, something the intellectually inept "Power Rangers" carefully avoided, under a plethora of excuses which all boil down to "we're too stupid to do it". Which is true, they are.

Time for some people with actual brains to get involved.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
desired_username
Hero Member
*****
Offline Offline

Activity: 867
Merit: 1000


View Profile
March 04, 2014, 02:37:13 PM
 #137


Time for some people with actual brains to get involved.

Then why don't you show how it should be done instead of creating this useless thread and arrogant posts?


Quote
would MP like to head such an initiative? (atleast until we can vote in a learship board ?)

Your attitude is appalling. Your post history (including the ones in this thread) shows lack of professionalism.

The last thing anyone would want is an arrogant romanian exchange owner and his sockpuppets "representing" bitcoin in any form.
raskul
Sr. Member
****
Offline Offline

Activity: 434
Merit: 250



View Profile
March 04, 2014, 02:42:24 PM
 #138


Time for some people with actual brains to get involved.

Then why don't you show how it should be done instead of creating this useless thread and arrogant posts?



the biggest mistake PR people make, invariably, is that they own up to being PR.  Cheesy

tips    1APp826DqjJBdsAeqpEstx6Q8hD4urac8a
AnonyMint
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
March 04, 2014, 03:01:53 PM
 #139

Is there any post that you don't sound like an angry psychopath?  Someone might mistake you for Anonymint, since you're both angry egomaniacs, but there's at least some substance in what he posts.

Hey I took the sociopath test.

Quote
Egomaniac
A person whose ego exceeds both his intelligence and his capacity to see beyond his own personal interests.

The jury is still out on whether my capacity exceeds my statements and revelations thus far. I love when people underestimate me.

Rather I think what is going on is the hurt ego of others projecting onto my (nearly) always logically correct statements. Humbleness is admired and actions speak louder than words. But it seems it stirs up a hornets' nest to post unorthodox revelations. So one must expect to be labeled an egomaniac for telling a large group they are myopic. It is presumed it can't be true that one person would see so many things that a large group does not. I am actually surprised by it too, but now am coming to realize this is the normal state of affairs of life.

unheresy.com - Prodigiously Elucidating the Profoundly ObtuseTHIS FORUM ACCOUNT IS NO LONGER ACTIVE
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 04, 2014, 04:44:46 PM
 #140

derp

You probably should spend more time reading MP. You basically just sound like a less clever/less well read/more copy-pasta version of him.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
justusranvier
Legendary
*
Offline Offline

Activity: 1400
Merit: 1006



View Profile WWW
March 04, 2014, 06:55:11 PM
 #141

I haven't seen anyone point out that the Bitcoin Foundation pays Gavin's salary, so that he can focus on developing the Bitcoin protocol.
How much protocol development has happened in the last year?
Nobody ever did have an answer to this question, did they?
Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500

It's all fun and games until somebody loses an eye


View Profile
March 04, 2014, 07:07:07 PM
 #142

I haven't seen anyone point out that the Bitcoin Foundation pays Gavin's salary, so that he can focus on developing the Bitcoin protocol.
How much protocol development has happened in the last year?
Nobody ever did have an answer to this question, did they?

You want protocol development, go work on it yourself, you selfish bastard. This is an open source project, contribute yourself. Why do you think you get to dictate what sort of work the Almighty Bitcoin Foundation does. /TBF

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
cointoss
Member
**
Offline Offline

Activity: 93
Merit: 10


View Profile
March 04, 2014, 07:14:25 PM
 #143

Well, you guys know people with Bitcoins, right? Pay some hackers to expose them.   Wink

QQCoin: QQSRP5u9yL7KtDAsGX7XmQ6QxHiA7BCGAv    doge: D8yy1FW5FdkoFCQP1nQeWGKX3ugcbegpJD

BTC: 15ExWcdDN38o852bC2jBEuC5igqp8gdtAK             EAC: eV9qafrM8uGaNzbvLXRCVVXkmmysUv7fud
Hippie Tech
aka Amenstop
Legendary
*
Offline Offline

Activity: 1554
Merit: 1001


All cryptos are FIAT digital currency. Do not use.


View Profile WWW
March 04, 2014, 07:26:35 PM
 #144

I haven't seen anyone point out that the Bitcoin Foundation pays Gavin's salary, so that he can focus on developing the Bitcoin protocol.
How much protocol development has happened in the last year?
Nobody ever did have an answer to this question, did they?

Gavin was probably too busy counting the BTC he easymined, after that Avalon was dropped in his lap. Wink

60+ ghash + 3M BTC diff = Huh

justusranvier
Legendary
*
Offline Offline

Activity: 1400
Merit: 1006



View Profile WWW
March 04, 2014, 07:35:47 PM
 #145

You want protocol development, go work on it yourself, you selfish bastard. This is an open source project, contribute yourself.
I've have been for nearly a year now, or rather I've been directly supporting someone who is working on it.

https://bitcointalk.org/index.php?topic=93606.msg2325555#msg2325555

Why do you think you get to dictate what sort of work the Almighty Bitcoin Foundation does.
Provide a direct quote where I did that or GTFO.

I never demanded that anyone do anything. All I've done is ask for the people defending the foundation by saying "the foundation pays Gavin so he can work on protocol development" provide some evidence to back up their claims.

All I've received in return to these queries is diversions and verbal abuse.
Peter Lambert
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500

It's all fun and games until somebody loses an eye


View Profile
March 04, 2014, 08:15:27 PM
 #146

You want protocol development, go work on it yourself, you selfish bastard. This is an open source project, contribute yourself.
I've have been for nearly a year now, or rather I've been directly supporting someone who is working on it.

https://bitcointalk.org/index.php?topic=93606.msg2325555#msg2325555

Why do you think you get to dictate what sort of work the Almighty Bitcoin Foundation does.
Provide a direct quote where I did that or GTFO.

I never demanded that anyone do anything. All I've done is ask for the people defending the foundation by saying "the foundation pays Gavin so he can work on protocol development" provide some evidence to back up their claims.

All I've received in return to these queries is diversions and verbal abuse.

You missed the sarcasm mark at the end of my post ... I quite agree with what you wrote.

Use CoinBR to trade bitcoin stocks: CoinBR.com

The best place for betting with bitcoin: BitBet.us
justusranvier
Legendary
*
Offline Offline

Activity: 1400
Merit: 1006



View Profile WWW
March 04, 2014, 08:21:08 PM
 #147

You missed the sarcasm mark at the end of my post ... I quite agree with what you wrote.
Sorry about that. In that case consider my reply as directed, not at you, but at the people who wouldn't have been sarcastic.
bg002h
Donator
Legendary
*
Offline Offline

Activity: 1386
Merit: 1001


I outlived my lifetime membership:)


View Profile WWW
March 04, 2014, 08:28:10 PM
 #148

I must admit.
I have never heard of this Bitcoin Foundation before this post.

What is it that they do exactly?

Have a look. The OP isn't well respected, so take no notice.

https://bitcoinfoundation.org/forum/index.php?/topic/752-the-good-and-useful-things-the-foundation-has-done-for-us-members-compiled-by-dr-brian-goss/

Nice try, sidestepping the actual issues (such as you know, accounting fraud, tortious misrepresentation and quite possibly false pretenses, quite definitely embezzlement and a myriad other civil and criminal violations) by failful personal attacks (nobody heard of you, I'm easily on any list of respectable voices on this forum, buzz off) and a laundry list of...nonsense. Conferences don't count, and there's literally nothing else on that list.

Now go tell your puppet masters that a) you failed miserably and b) they'll need much much better damage control. Ideally, they'll need some lawyers. Preferably someone with an actual clue (which excludes Murck, he's the ninny that got them in their present muck).

Oh, and since two can play that game, "Dr." Brian Goss (a freshly failed medical student in Chicago interviewing for residency training in radiology): here's your old page, from back when you were pushing the mywallet scam...


For the noobs, mywallet was one of the first huge BTC thefts from a "hack"



Wow...

Lol...you must be new. I wrote an iPhone app called mybitcoin...and I'm in my final year of residency Smiley

Hardfork aren't that hard.
1GCDzqmX2Cf513E8NeThNHxiYEivU1Chhe
bg002h
Donator
Legendary
*
Offline Offline

Activity: 1386
Merit: 1001


I outlived my lifetime membership:)


View Profile WWW
March 04, 2014, 08:37:23 PM
 #149

I think its time for action i had enough, enough is enough. The foundation must be destroyed.

IF we for example setup a new bitcoin superfund, MP can possibly head this fund which will result in the creation of a new foundation with core values such as :

- rapid and ongoing bitcoin software development
- Focus on marketing and promotion of bitcoin
- Lobbying Governments
- Providing educational services for the public & business
- Transparency (financial accounts must be audited)

Would the community support such an idea/ would MP like to head such an initiative? (atleast until we can vote in a learship board ?)


i think it's time for action and would love to come together as a community.


Destroyed? Seems a little harsh Smiley

That said, nobody has a patent on organizing people to pool resources around a common interest. Similarly, the Bitcoin Foundation has no monopoly. My belief is that the more groups pooling resources to help _all_ aspects of the community become stronger is a good thing. To state that the Foundation doesn't represent everyone or every interest is to state the obvious.

The more we band together (be it here or elsewhere) the stronger we can make Bitcoin. 

Hardfork aren't that hard.
1GCDzqmX2Cf513E8NeThNHxiYEivU1Chhe
RodeoX
Legendary
*
Offline Offline

Activity: 2660
Merit: 1050


The revolution will be monetized!


View Profile
March 04, 2014, 08:58:24 PM
 #150

I think its time for action i had enough, enough is enough. The foundation must be destroyed.

IF we for example setup a new bitcoin superfund, MP can possibly head this fund which will result in the creation of a new foundation with core values such as :

- rapid and ongoing bitcoin software development
- Focus on marketing and promotion of bitcoin
- Lobbying Governments
- Providing educational services for the public & business
- Transparency (financial accounts must be audited)

Would the community support such an idea/ would MP like to head such an initiative? (atleast until we can vote in a learship board ?)


i think it's time for action and would love to come together as a community.


I also think you should do this. The BF is an organization supporting the spread of bitcoin. it is not the organization.
You will be doing mostly the same thing that the BF does, except for "rapid bitcoin software development". I suppose that means you are also starting another client project, or a fork to another coin?
Your team will need:
-Lawyers
-Experienced professional lobbyists
-Business professionals (min. MBA +5 years as CEO or owner)
-Professional educators / presenters / curriculum writers 
-Professional auditors and tax preparers who understand crypto
-If you are writing code then programmers / project managers / a beta team / etc.?

It will be a lot of work and cost a lot of money, but so does anything good. I say do it!

P.S. This is not going to destroy the BF.


The gospel according to Satoshi - https://bitcoin.org/bitcoin.pdf

Free bitcoin in AFRICA - https://bitcointalk.org/index.php?topic=2710325.msg27720734
bg002h
Donator
Legendary
*
Offline Offline

Activity: 1386
Merit: 1001


I outlived my lifetime membership:)


View Profile WWW
March 04, 2014, 09:03:34 PM
 #151

I think anything anyone can do to help strengthen a group of dedicated Bitcoin users is a good thing.

There is nothing to gain by tearing people down (falsely at least!) or inventing reasons to hate stuff. It's far better if we support new initiatives and defend their right to exist.

Hardfork aren't that hard.
1GCDzqmX2Cf513E8NeThNHxiYEivU1Chhe
Lauda
Legendary
*
Offline Offline

Activity: 1890
Merit: 1558


GUNBOT Licenses -15% with ref. code 'GrumpyKitty'


View Profile WWW
March 04, 2014, 09:06:59 PM
 #152

Gavin was probably too busy counting the BTC he easymined, after that Avalon was dropped in his lap. Wink

60+ ghash + 3M BTC diff = Huh
About 6000$ a day.

.FORTUNE.JACK.
      ▄▄███████▄▄
   ▄████▀▀ ▄ ██████▄
  ████ ▄▄███ ████████
 █████▌▐███▌ ▀▄ ▀█████
███████▄██▀▀▀▀▄████████
█████▀▄▄▄▄█████████████
████▄▄▄▄ █████████████
 ██████▌ ███▀████████
  ███████▄▀▄████████
   ▀█████▀▀███████▀
      ▀▀██████▀▀
         
         █
...FortuneJack.com                                             
...THE BIGGEST BITCOIN GAMBLING SITE
       ▄▄█████████▄▄
    ▄█████████████████▄
  ▄█████████████████████▄
 ▄██
█████████▀███████████▄
██████████▀   ▀██████████
█████████▀       ▀█████████
████████           ████████
████████▄   ▄ ▄   ▄████████
██████████▀   ▀██████████
 ▀██
█████████████████████▀
  ▀██
███████████████████▀
    ▀█████████████████▀
       ▀▀█████████▀▀
#JACKMATE
WIN 1 BTC
▄█████████████████████████▄
███████████████████████████
███████████████████████████
██████████▀█████▀██████████
███████▀░░▀░░░░░▀░░▀███████
██████▌░░░░░░░░░░░░░▐██████
██████░░░░██░░░██░░░░██████
█████▌░░░░▀▀░░░▀▀░░░░▐█████
██████▄░░▄▄▄░░░▄▄▄░░▄██████
████████▄▄███████▄▄████████

███████████████████████████
███████████████████████████
▀█████████████████████████▀
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 04, 2014, 09:08:21 PM
 #153

You want protocol development, go work on it yourself, you selfish bastard. This is an open source project, contribute yourself.
I've have been for nearly a year now, or rather I've been directly supporting someone who is working on it.

https://bitcointalk.org/index.php?topic=93606.msg2325555#msg2325555

Why do you think you get to dictate what sort of work the Almighty Bitcoin Foundation does.
Provide a direct quote where I did that or GTFO.

I never demanded that anyone do anything. All I've done is ask for the people defending the foundation by saying "the foundation pays Gavin so he can work on protocol development" provide some evidence to back up their claims.

All I've received in return to these queries is diversions and verbal abuse.

I think he was ironically recounting the "discussion" forum fucktards presented the last time the topic of bitcoin devs being retarded came up.

You know, the same forum fucktards that are the reason why Bitcoin finance makes baby steps. Well...same. Different bodies, same brain.

Lol...you must be new. I wrote an iPhone app called mybitcoin...and I'm in my final year of residency Smiley

It's not as much that "I'm new", shillyboy. It's that you're stupid.

Now re-read my post with your reading comprehension hat on.

Then perhaps go exchange notes with the legion of other numerous shills that thought it a good idea to herp at me, historically. Hint: it didn't work out for them.

Stay in school.

The more we band together (be it here or elsewhere) the stronger we can make Bitcoin

The more your ilk bands together, the shittier anything around you becomes.

Ideally you'll soon find some altcoin or something like all other idiots.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
bg002h
Donator
Legendary
*
Offline Offline

Activity: 1386
Merit: 1001


I outlived my lifetime membership:)


View Profile WWW
March 04, 2014, 09:12:21 PM
 #154

You want protocol development, go work on it yourself, you selfish bastard. This is an open source project, contribute yourself.
I've have been for nearly a year now, or rather I've been directly supporting someone who is working on it.

https://bitcointalk.org/index.php?topic=93606.msg2325555#msg2325555

Why do you think you get to dictate what sort of work the Almighty Bitcoin Foundation does.
Provide a direct quote where I did that or GTFO.

I never demanded that anyone do anything. All I've done is ask for the people defending the foundation by saying "the foundation pays Gavin so he can work on protocol development" provide some evidence to back up their claims.

All I've received in return to these queries is diversions and verbal abuse.

I think he was ironically recounting the "discussion" forum fucktards presented last time, the first time the topic of bitcoin devs being retarded came up.

You know, the same forum fucktards that are the reason why Bitcoin finance makes baby steps. Well...same. Different bodies, same brain.

Lol...you must be new. I wrote an iPhone app called mybitcoin...and I'm in my final year of residency Smiley

It's not as much that "I'm new", shillyboy. It's that you're stupid.

Now re-read my post with your reading comprehension hat on.

Then perhaps go exchange notes with the legion of other numerous shills that thought it a good idea to herp at me, historically. Hint: it didn't work out for them.

Stay in school.

The more we band together (be it here or elsewhere) the stronger we can make Bitcoin

The more your ilk bands together, the shittier anything around you becomes.

Ideally you'll soon find some altcoin or something like all other idiots.

You have a strange way of linking assumptions together. But if you are seriously interested in getting to know me (I'm not anonymous), give me a call.

Hardfork aren't that hard.
1GCDzqmX2Cf513E8NeThNHxiYEivU1Chhe
MPOE-PR
Hero Member
*****
Offline Offline

Activity: 756
Merit: 500



View Profile
March 04, 2014, 09:15:53 PM
 #155

You have a strange way of linking assumptions together. But if you are seriously interested in getting to know me (I'm not anonymous), give me a call.

Yeah dude, you're so rare and valuable that I'm going to be giving you calls. I rarely get to meet any geeky boys in college otherwise.

They must be putting something in your water, seriously now.