Bitcoin Foundation to repair relationship with community

[fryarminer]

Not to sound like a jerk, but who cares about the Bitcoin Foundation?  Isn't the whole point of bitcoin so we don't have to deal with bureaucratic bullshit?  In my eyes, they're 100% totally irrelevant, and just created themselves a bunch of good paying jobs.

Hell with it, I'm starting Bitcoin Foundation 2.0 -- who's in?  If we play our cards right, we can all be making 7 figures within the next 12 months for not doing much except talking.  Cool deal, eh?

Sadly there are many people who like to sit on a board and feel important. To feel like an Illuminati and have the power over something, anything.
Sadly also, boards never accomplish anything.
I'd join your 2.0, except I ain't got no time to sip coffee and watch the hours go by!

Sadly also I'd have to agree, I find it hard to believe that the Bitcoin Foundation can do anything to dig themselves out of the hole they find themselves in. Some things are irreparable. And some organizations are useless. We don't need their "power". And we don't need for them to take out money.

I got an email a week ago from Snapcard. They are going to push to have San Francisco business accept bitcoin, giving tons of business free tablets and teaching them how to do this. These are people who are helping Bitcoin. Not the Foundation.

[SOAD]

Not to sound like a jerk, but who cares about the Bitcoin Foundation?  Isn't the whole point of bitcoin so we don't have to deal with bureaucratic bullshit?  In my eyes, they're 100% totally irrelevant, and just created themselves a bunch of good paying jobs.

Hell with it, I'm starting Bitcoin Foundation 2.0 -- who's in?  If we play our cards right, we can all be making 7 figures within the next 12 months for not doing much except talking.  Cool deal, eh?

Sadly there are many people who like to sit on a board and feel important. To feel like an Illuminati and have the power over something, anything.

It's also sad that the wrong type  of people usually want to be on these boards for their own types of interest and investments.

[Beliathon]

When Andreas left the foundation, I requested a refund of my 0.3 BTC donation for lifetime membership. They denied my request.

Allowing refunds would be a great place to start building good will. Maybe if I like the new direction you take the foundation I'll donate again, but holding my donation hostage in an entity that has changed is not cool.

[banksycoin]

That's for sure. Get your popcorn ready.

 

[wunkbone]

When Andreas left the foundation, I requested a refund of my 0.3 BTC donation for lifetime membership. They denied my request.

Allowing refunds would be a great place to start building good will. Maybe if I like the new direction you take the foundation I'll donate again, but holding my donation hostage in an entity that has changed is not cool.

I don't think many/any foundation (or similar entity that accepts donations) is ever going to be willing to give refunds in the way that you request. When a foundation receives a donation they will plan their budget accordingly however if they were to honor requests to refund donations then they would have no way to make a budget.

What you are asking is also essentially that they buy people's trust

[Gleb Gamow]

KnC's $100,000 USD Platinum Membership fee comes to mind that TBF never addressed.

[BlindMayorBitcorn]

KnC's $100,000 USD Platinum Membership fee comes to mind that TBF never addressed.

I remember that

[segvec]

AMA is going to be interesting...
Lets see which questions he decides to answer. 

[bbit]

I will be getting the popcorn ready for sure  

KnC's $100,000 USD Platinum Membership fee comes to mind that TBF never addressed.

DOH!!! 

[Beliathon]

I don't think many/any foundation (or similar entity that accepts donations) is ever going to be willing to give refunds in the way that you request.

I find "traditional establishments would never do this" to be a particularly uncompelling argument within the bitcoin space. The whole point of bitcoin should be to NOT make the same mistakes of traditional institutions.

From this perspective, the foundation has failed so far. When their chief scientist abandoned them, and stated reasons like lack of transparency, that was a major red flag for me - and should be for any bitcoiner.

[tokeweed]

yes, new leader, please acknowledge all people at altcoin subforum.. all 30 of them.

[Gleb Gamow]

yes, new leader, please acknowledge all people at altcoin subforum.. all 30 of them.

What are the chances of Sam Cole running to fill the position?

[Nagle]

I like the part where they say they can no longer rely on Bitcoin appreciation to fund the foundation. That's realistic.

[TaunSew]

They lost me the day they let Brock Pierce crawl his way in

I remember this one circulating on Bitcointalk.   Mark Karpeles used to be on the foundation and all the photoshops / images about him were hilarious.  I like the ones where Karpeles is working at McDonalds and the other where he is holding a samurai sword.

[wunkbone]

I don't think many/any foundation (or similar entity that accepts donations) is ever going to be willing to give refunds in the way that you request.

I find "traditional establishments would never do this" to be a particularly uncompelling argument within the bitcoin space. The whole point of bitcoin should be to NOT make the same mistakes of traditional institutions.

From this perspective, the foundation has failed so far. When their chief scientist abandoned them, and stated reasons like lack of transparency, that was a major red flag for me - and should be for any bitcoiner.

Any establishment/institution still needs to follow the basic principles of economics. It simply does not make any sense for TBF to refund any donation they have received as they have already budged for the money they have been given.

I am certainly not defending any of their actions, as I am not in any way a supporter of them, but I do think that to ask to have donations refunded would be something that is very unlikely.

[johnyj]

They should drive development in P2Pool, safer and easier wallet, do not fork unless absolute consensus reached among miners, that's everything I can think of

[turvarya]

I don't think many/any foundation (or similar entity that accepts donations) is ever going to be willing to give refunds in the way that you request.

I find "traditional establishments would never do this" to be a particularly uncompelling argument within the bitcoin space. The whole point of bitcoin should be to NOT make the same mistakes of traditional institutions.

From this perspective, the foundation has failed so far. When their chief scientist abandoned them, and stated reasons like lack of transparency, that was a major red flag for me - and should be for any bitcoiner.

Who do you mean by that?

[cbeast]

Here's why I think TBF has been less than successful and how it can be improved:

A Bitcoin Technical Organization is not like IEEE, EFF, or Linux Foundation. It's also not like a for-profit corporation. It is a Think Tank. There are too many political and economic factors to consider and address. As a Think Tank, it must focus on projects that meet at least a general mission statement. Bitcoin itself is not a political statement because it is simply math. While some of it's properties can be argued to support some political agendas, Bitcoin itself has no political power whatsoever. It is a tool that can be used equally by any political entity simply by building clients that reflect the desired qualities. Bitcoin can be anonymous or it can be completely verified, depending on the infrastructure you develop for it. Bitcoin is what you want it to be.

A Bitcoin Think Tank will find solutions for developers that provide incentives. That means even central banks that want solutions and have the means, should be given the opportunity to have their needs addressed by the expertise a Bitcoin Think Tank can provide.

Up until now, these efforts have created a schism between developers over loyalties to financiers or ideologies. Developers have to put aside their differences and understand that we all benefit from thinking as a One Blockchain, than multiple competing chains. It was the evolution of Bitcoin 2.0 technologies that made us realize we could all use the same programming language and operating system, yet run completely different applications. Anyone that contributes to open source projects will benefit from new ideas flowing from the greatest minds in financial theory.

I propose that several Bitcoin Think Tanks are organized with whatever ideologies their leadership wants to offer. After all, volunteer organizations are only as good as the people that roll up their sleeves and work. They don't need elections. They don't need consensus. They offer results or they fail. Their financial futures can be dictated by particular interests, but somehow I don't think our best and brightest are all that motivated simply by money. This is a revolution. We need Generals, not Politicians. This isn't a popularity contest. If you believe in what we are doing and have invested in ourselves, then we all have not only the incentives, but also the moral compass to create the best new financial system possible.

To the Central Banks:
You have the opportunity to join us or die. If you join us, you can have access to the most powerful and efficient capital aggregation tools imaginable, and they can be designed to optimize your infrastructure. Bitcoin and its derivatives can offer unparalleled security, privacy, and flexibility to meet with your customers needs and compliance standards.

To the Venture Capitalist:
You have the opportunity to invest in the Next Big Thing and hold a stake in your investment simply by owning Bitcoins. Even if you invest in a project and somehow it fails, you still benefit from the successes of others.

To the People:
You have the opportunity to educate yourselves about the greatest business and career opportunities of a lifetime. Take advantage of learning about these technologies and become a member of these fine educational organizations.

[Honeypot]

BTC foundation seem to have gone off the wrong road, and I have not seen any evidence it is even trying to get back on the right track.

If someone is looking for focused, realistic individuals/groups of professional caliber, there are some already starting to move with real money backing them, few of them with backings greater than BTC Foundation.

Yes, greater then BTC foundation. In fact, greater by orders of magnitude. Big money does see the potential in this new technology, but official groundwork needs to be laid thoroughly before any real money starts trickling in from big hands. They see the scene currently for what it is, and are not amateurish enough to just throw money at this corrupt, chaotic scene.

Some are even active in these forums. Do a little digging, and you will find them. Most of the time, they are not marketing themselves out to the degree most profiteers do these days with their coins and projects - that's one good indicator.

There are gems in the sand, and overlooked voices of reality among all the pump and dumping profiteers.

[Q7]

I'll be waiting for that to see what he has to say