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Author Topic: Bitcoin FOundation sponsor question  (Read 848 times)
jjc326 (OP)
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July 08, 2014, 06:13:25 PM
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So it turns out that Updown.bt, a gambling site, paid something like $25,000 to become a Bitcoin Foundation sponsor, and now they are ripping off many people by not paying for their signature campaign.  And I'd assume their site is a scam too.  Why would anyone do that?  Do you think they made enough profit to cover the $25,000 they paid?  Is there anything the foundation can do about this?
BitCoinDream
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July 08, 2014, 06:23:16 PM
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So it turns out that Updown.bt, a gambling site, paid something like $25,000 to become a Bitcoin Foundation sponsor, and now they are ripping off many people by not paying for their signature campaign.  And I'd assume their site is a scam too.  Why would anyone do that?  Do you think they made enough profit to cover the $25,000 they paid?  Is there anything the foundation can do about this?

Foundation could not do anything for the Mt. Gox fiasco. One cant expect them to jump in and make payment for a sig campaign.

jjc326 (OP)
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July 08, 2014, 06:25:54 PM
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So it turns out that Updown.bt, a gambling site, paid something like $25,000 to become a Bitcoin Foundation sponsor, and now they are ripping off many people by not paying for their signature campaign.  And I'd assume their site is a scam too.  Why would anyone do that?  Do you think they made enough profit to cover the $25,000 they paid?  Is there anything the foundation can do about this?

Foundation could not do anything for the Mt. Gox fiasco. One cant expect them to jump in and make payment for a sig campaign.

I didn't say anything about making payment for a sig campaign.  More like removing any mention of Updown from their materials so they don't perpetuate a fraud.
thejewelrytech
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July 08, 2014, 07:43:44 PM
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So it turns out that Updown.bt, a gambling site, paid something like $25,000 to become a Bitcoin Foundation sponsor, and now they are ripping off many people by not paying for their signature campaign.  And I'd assume their site is a scam too.  Why would anyone do that?  Do you think they made enough profit to cover the $25,000 they paid?  Is there anything the foundation can do about this?

Foundation could not do anything for the Mt. Gox fiasco. One cant expect them to jump in and make payment for a sig campaign.

I didn't say anything about making payment for a sig campaign.  More like removing any mention of Updown from their materials so they don't perpetuate a fraud.
Why would you continue to promote these scammer's in your sig?  Roll Eyes
 The Bitcoin foundation is a complete FRAUD! And has proving this time and time again......History has already proving this fact. The Bitcoin foundation represent nobody except themselves!They are a complete JOKE! They certainly don't represent Bitcoin but represent and enable companies that PAY so they are enabled to scam a very profitable business model. Just look at KNC being able to pay to get BROCk into Office and launch a campaign to Buy Gox for pennies on the dollar along with every bodies lost Bitcoin! Talk about a railroad job on top of the railroad job Shocked Began by Mark another Bitcoin foundation member. The saga just continues and the Scam baton is passed on.......
 Then add more insult too injury KNC recent preorder scam enabling them to build trust and in  return? a multi million dollar Mining farm off of people's hard earned money.See how profitable it can be? It's straight out sickening. But people will continue too be blind and drink the KOOL Aid and blinded by HOPE. Because there's a sucker born every minute just waiting to get Goxxed because of GREED and in the end? People will get what they deserve!
They have been forewarned and refuse too listen and will have no one too blame except themselves........

Your either part of THE SOLUTION?Or your part of THE PROBLEM!
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July 12, 2014, 01:46:26 AM
 #5

Read this today and it just further makes me think about the Bitcoin Foundation: https://medium.com/@TomOnBTC/second-biggest-member-of-bitcoin-foundation-involved-in-hacking-of-mt-gox-b97a3527b4ac

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