If the bitcoin foundatoin is funded/ran by criminals like someone says, there are a few things you must consider first.
Bitcoin cannot survive properly if it revolves around criminal activity. With all the members, there is just no way it is solely ran by criminals. If there are criminals involved, they'll eventually be caught, which will be big news (clearly these bitcoin criminals are not committing street crimes), which will bring the price of BTC down. There seems to be an up and down pattern, and it appears to revolve around the criminal activity. If it is entirely ran by criminals, then they are using the drops to their advantage because they have mastered the art of causing the price of btc to go up. These accusations are not what Bitcoin was intended for.
Mt.Gox is no longer on there, which is a good thing. It is relatively important that they not allow Jed and his mystery project back in, unless Jed finds a way to redeem himself, and quite frankly that will only happen if he pays back everyone that lost money.
Nobody appointed half the establishments, groups and organizations that the government has going on. (I'm not even trying to get political here so don't go off subject)
Anyone can be a part of it. If nobody paid, how will the foundation run itself? That's not how business works. Does that question their authenticity? Any scam artist can join the foundation for some cash?
All these people are paying to pledge one mission.
Our mission is to help people exchange resources and ideas more freely.
We approach that mission with Bitcoin’s technology and community as our focus. There is tremendous potential in Bitcoin—from the opportunities it creates for entrepreneurs to the purchasing power it provides for citizens of countries large and small. Our goal is to help Bitcoin deliver on that potential.
Bitcoin Foundation has chosen three primary objectives for fulfilling its mission. We believe that these activities will be of the greatest benefit to the Bitcoin community:
Standardizing Bitcoin
As a non-political online money, Bitcoin is backed exclusively by code. This means that—ultimately—it is only as good as its software design. By funding the Bitcoin infrastructure, including a core development team, we can make Bitcoin more respected, trusted and useful to people worldwide.
Protecting Bitcoin
Cryptography is the key to Bitcoin’s success. It’s the reason that no one can double spend, counterfeit or steal Bitcoins. If Bitcoin is to be a viable money for both current users and future adopters, we need to maintain, improve and legally protect the integrity of the protocol.
Promoting Bitcoin
In the context of public misunderstandings, misinterpretations and misrepresentations, Bitcoin needs to be clearer about its purpose and technology. Allowing the community to speak through a single source will enable Bitcoin to improve its reputation.
I have to say, folks, if this is in any way shape or form a lie, then bitcoin will fail miserably, and turn into the black market currency, where anyone caught mining it, or even having it in their possession, will most likely be up for some type prosecution.
Here is the problem that most people don't see: The same exact scams that are happening in the "bitcoin world" are also happening in the "fiat currency" world. There are just new, and innovative ways being developed due to the technology that is bitcoin. It has grabbed a lot of attention, from both honest and dishonest people. As a decentralized currency, it is up to the honest people to prevail. That is what I get when I go to the bitcoin foundation. Too many years have people solely relied on government, that it has come to the day and age that an establishment like The Bitcoin Foundation is easily seen as fraudulent. I see a lot of good, reputable companies and websites on their member list. Companies that I feel are legit.
Every company is bound to have a bad apple. These criminals will eventually be caught. Depending on the severity, will determine the future of bitcoin.
So, it is up to the retarded criminals that THINK they can get away with this forever, and up to us honest people who will have to constantly battle these morons. Morons because it is clear as day that an honest bitcoin community has 9999999x the potential yet they continue to commit crimes. When they successfully steal all these BTC, and then they are worth nothing, they will just turn it into their own black market currency. Good luck not getting shut down.
With that said, I am a strong supporter of the honest side of the bitcoin community, and I might plan on being a part of The Bitcoin Foundation but what I would like to see first is some kind of poll put up that shows that the bitcoin community as a whole has officially accepted The Bitcoin Foundation to represent us because clearly a lot of people do not accept them whatsoever, but they accept coindesk and coindesk is on their member list.
