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Author Topic: [2014-05-16] Bitcoin Foundation hit by resignations over new director  (Read 576 times)
erono (OP)
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May 16, 2014, 08:11:15 AM
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http://in.reuters.com/article/2014/05/16/us-bitcoin-foundation-resignations-idINKBN0DW05T20140516

At least 10 members of the nonprofit Bitcoin Foundation have resigned over last week’s election of onetime Disney child star and current Bitcoin entrepreneur and financier Brock Pierce as a new director, officials at the group said.

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May 16, 2014, 08:52:42 AM
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Court records show 33-year-old Pierce,  who played the title role in Disney’s “First Kid,”  paid more than $21,000 to settle one employee suit, and he said others dropped their claims without money changing hands.

    While Bitcoin Foundation officials played down the defections, several members who resigned from the Foundation assailed its governance track record. 

    “The track record of prominent Bitcoin Foundation members has been abysmal,” said Patrick Alexander, a resigning Foundation member in a post on its discussion pages. “I no longer want to be associated with these people.” Attempts to reach him for additional comment were unsuccessful.


Do innocent people ever pay to settle a suit? = "Yes", but...
It looks really bad.  Shocked
If only Brock Pierce hadn't have won the run-off election over the CEO of gyft.com.

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May 16, 2014, 09:44:25 AM
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nobody cares , https://www.youtube.com/watch?v=cmP3QFFi5sY&feature=youtu.be bitcoin is NOT the bitcoin foundation.
The big talk was in holland yesterday , you better turn on dutch captions and then translate to englkisch , old Dutch finance minister Jan kees de jager was also pressent at the conference , He owns bitcoins and is bullish on them!
The confrence was hosted by dutch ABN amro witch is a bank.

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May 16, 2014, 10:38:17 AM
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Which members left? It was probably just some minor ones who paid the little fee so they can post on their important message board. But I agree with the user above - who cares about the foundation? They don't speak for us.
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