Very severe blow to bitcoin

[Skele]

Bitcoin is like the metal-concrete house of the three little pigs tale, no wolf can blow it up, except maybe the ones of Wall Street...

[jbreher]

When Gavin proposed the foundation a year or so before it was created the response here on this forum was overwhelmingly positive.  Only Theymos and a few others (myself included) voiced some concerns strongly enough to give the idea the thumbs down. 

Funny. I remember a spirited discussion with impassioned rhetoric both for and against...

[xDan]

...
But why aren't we funding a full time core dev in a decentralised fashion, with voting etc, yet? Is it because really, we are all just whiners who won't actually put in the effort/resources to solve the problem?
...

Mike Hearn's already got something hacked up just for that purpose, seeing as the TBF has become an impotent group of RealCoin P&D's

http://www.coindesk.com/mike-hearn-wins-40000-bounty-bitcoin-core-crowdfunding/

Yeah, I look forward to seeing what happens there!

If we could just have one full time dev hired purely by some kind of more decentralised voting/polling system... This would seriously help in taking some of the responsibility away from the foundation. They can continue existing, do wtf they want, as long as Bitcoin's future is not entirely dependent on them.

[tvbcof]

When Gavin proposed the foundation a year or so before it was created the response here on this forum was overwhelmingly positive.  Only Theymos and a few others (myself included) voiced some concerns strongly enough to give the idea the thumbs down. 

Funny. I remember a spirited discussion with impassioned rhetoric both for and against...

Anyone who cares to can read it and make up their own mind:

  https://bitcointalk.org/index.php?topic=49841.0

[Velkro]

Title is wrong it should be "Very severe blow to the bitcoin foundation, Bitcoin unaffected"

Agree, nothing to do with bitcoin, people problems only
bitcoin foundation is nothing, its dust

[Nathonas]

Are you bloody serious? The bitcoin foundation has almost jack all to do with bitcoin. I don't know how they started out, but for the last few years they've been nothing but a scam that took people's money to get rich. Andreas leaving them is a very, very good thing. The "Bitcoin" foundation stands for nothing but the enrichment of a few elite members.

[JorgeStolfi]

Bitcoin is like the metal-concrete house of the three little pigs tale, no wolf can blow it up, except maybe the ones of Wall Street...

You mean, someone like Brock Pierce? 

Wired Magazine,  2008-12-04
A Drive Through Laurel Canyon With Brock Pierce
http://archive.wired.com/gaming/virtualworlds/magazine/16-12/ff_ige_pierce

[cbeast]

Substitute 'damn' every time you're inclined to write 'very'; your editor will delete it and the writing will be just as it should be.

Mark Twain

[ShameOnYou]

Andreas Antonop's tweet is the worst news yet that I've heard for bitcoin. 

Looks like Andreas is done with the Bitcoin Foundation. Good. Screw the Bitcoin Foundation.

"I can no longer have even the smallest association with the Bitcoin Foundation, because of the complete lack of transparency" https://twitter.com/aantonop/status/486926129409052672

The Bitcoin foundation has gained Pierce and lost Antonopolos.  This isn't going in the right direction at all.

What's the big deal around the bitcoin foundation? It's irrelevant to me. It would probably be irrelevant to the rest of you if you'd just stop paying it any mind! Meanwhile, bitcoin keeps on keeping on....

[acs267]

How does The Bitcoin Foundation even affect Bitcoin? Answer: It doesn't. That's like saying a small retailer stops accepting Bitcoin. Big woop. Only TBF is going down. About time people realize that they own nothing. No power.

[JorgeStolfi]

How does The Bitcoin Foundation even affect Bitcoin? Answer: It doesn't. That's like saying a small retailer stops accepting Bitcoin. Big woop. Only TBF is going down. About time people realize that they own nothing. No power.

To people outside the bitcoin community, they are the identifiable "voice of bitcoin".  See that Wall Street Journal article.  Brock Pierce did not push his way into TBF and all the way to the top just for vanity.

[phillipsjk]

I suspect the OP really is the rawdog from Youtube.

If you look at his posting history, you will see he really likes master coin "because of the people behind it". He appears to have a strategy of investing in people, rather than specific technologies. That explains why he dismisses the importance of Bitcoin (the lead author was using a pseudonym and has left the project), while at the same time, elevates the importance of the Bitcoin Foundation. RawDog may have rightly pointed out that the BItcoin Foundation is now in trouble. Since he does not see any obvious leadership for Bitcoin, he concludes that Bitcoin must be in trouble as well.


I pointed out in a PM that mastercoin relies on Bitcoin. Don't recall a specific response to that.

[smoothie]

Andreas Antonop's tweet is the worst news yet that I've heard for bitcoin. 

Looks like Andreas is done with the Bitcoin Foundation. Good. Screw the Bitcoin Foundation.

"I can no longer have even the smallest association with the Bitcoin Foundation, because of the complete lack of transparency" https://twitter.com/aantonop/status/486926129409052672

The Bitcoin foundation has gained Pierce and lost Antonopolos.  This isn't going in the right direction at all.

You make as if "The Bitcoin Foundation" is anything of substance to Bitcoin.

The Bitcoin Foundation could die and never be spoken of ever again and it wouldn't affect the protocol of Bitcoin.

Boooyah! 

[smoothie]

I suspect the OP really is the rawdog from Youtube.

If you look at his posting history, you will see he really likes master coin "because of the people behind it". He appears to have a strategy of investing in people, rather than specific technologies. That explains why he dismisses the importance of Bitcoin (the lead author was using a pseudonym and has left the project), while at the same time, elevates the importance of the Bitcoin Foundation. RawDog may have rightly pointed out that the BItcoin Foundation is now in trouble. Since he does not see any obvious leadership for Bitcoin, he concludes that Bitcoin must be in trouble as well.


I pointed out in a PM that mastercoin relies on Bitcoin. Don't recall a specific response to that.

I guess if Gold doesn't have leadership then it is going to be in trouble right?

TBF =/= Bitcoin in any way shape or form. In fact I do not support or endorse TBF.

[jbreher]

When Gavin proposed the foundation a year or so before it was created the response here on this forum was overwhelmingly positive.  Only Theymos and a few others (myself included) voiced some concerns strongly enough to give the idea the thumbs down. 

Funny. I remember a spirited discussion with impassioned rhetoric both for and against...

Anyone who cares to can read it and make up their own mind:

  https://bitcointalk.org/index.php?topic=49841.0

That was merely the trial balloon. A lot of water passed under the bridge between that initial public brainstorm, and the actual announcement of TBF. See for example https://bitcointalk.org/index.php?topic=113400.msg1224721#msg1224721

[dopecoindude]

Someone is trying to bring down Bitcoin!

I have a feeling its the creator behind RealCoin ....a  TBF member also...

On a side note.....anyone know if any good coin dev's lol ....looking for one for this coin:

https://bitcointalk.org/index.php?topic=467641.msg7779997#msg7779997

send me a PM. Thanks!

[QuestionAuthority]

All the core developers who were with Bitcoin at the beginning are starting to leave, this could actually affect the price, especially if the Bitcoin foundation still has the ability to fuck with the network unless the community can create their own fork we all agree on.

What are you talking about? The Foundation is entirely separate from the Bitcoin Core development group. They don't have any power over the network.

Except 3 of them are paid by the foundation. When you pay someone a salary they become your employee. I have a tendency to do what my boss tells me to do.

[jonald_fyookball]

All the core developers who were with Bitcoin at the beginning are starting to leave, this could actually affect the price, especially if the Bitcoin foundation still has the ability to fuck with the network unless the community can create their own fork we all agree on.

What are you talking about? The Foundation is entirely separate from the Bitcoin Core development group. They don't have any power over the network.

Except 3 of them are paid by the foundation. When you pay someone a salary they become your employee. I have a tendency to do what my boss tells me to do.

QuestionAuthority, do you realize you were quoted by Coindesk?

[QuestionAuthority]

All the core developers who were with Bitcoin at the beginning are starting to leave, this could actually affect the price, especially if the Bitcoin foundation still has the ability to fuck with the network unless the community can create their own fork we all agree on.

What are you talking about? The Foundation is entirely separate from the Bitcoin Core development group. They don't have any power over the network.

Except 3 of them are paid by the foundation. When you pay someone a salary they become your employee. I have a tendency to do what my boss tells me to do.

QuestionAuthority, do you realize you were quoted by Coindesk?

No? Do you have a link?

[jonald_fyookball]

All the core developers who were with Bitcoin at the beginning are starting to leave, this could actually affect the price, especially if the Bitcoin foundation still has the ability to fuck with the network unless the community can create their own fork we all agree on.

What are you talking about? The Foundation is entirely separate from the Bitcoin Core development group. They don't have any power over the network.

Except 3 of them are paid by the foundation. When you pay someone a salary they become your employee. I have a tendency to do what my boss tells me to do.

QuestionAuthority, do you realize you were quoted by Coindesk?

No? Do you have a link?

http://www.coindesk.com/new-study-low-bitcoin-transaction-fees-unsustainable/