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Author Topic: Calling out the Bitcoin Foundation Scam.  (Read 22182 times)
RodeoX
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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.

 

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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.


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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??

 
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March 03, 2014, 07:54:06 PM
 #64

What have the Romans ever done for us?  Smiley
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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.

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Peter Lambert
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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?

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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)
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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
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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.
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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"...
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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?


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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
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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.

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March 03, 2014, 10:06:40 PM
 #74


Everyone should see that.

FYI: We are <snip>
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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 <snip>
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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
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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.

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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.


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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?

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March 03, 2014, 11:26:05 PM
 #80

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