Re:Do you trust the Bitcoin Foundation?
by vbuterin on Thursday February 13, 2014 @05:38AM
(#7230626)
They're _a lobbying group_. They don't release educational materials, they don't write code, the main thing that they do is lobby. I too agree that Charlie Shrem is 100% morally innocent (with the exception of other alleged sins like borrowing a huge pile of btc and not paying it back), but the fact is that if you're going to have a lobbying group you should be damn well sure that everyone involved is squeaky clean.
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Re:Do you trust the Bitcoin Foundation?
by lotsofmangos on Thursday February 13, 2014 @06:39AM
(#7230780)
with the exception of other alleged sins like borrowing a huge pile of btc and not paying it back
It isn't usually called borrowing when you don't give stuff back.
They don't write code? Gavin Andresen is a founding member of the Bitcoin Foundation and the lead developer for the reference Bitcoin client. I'm pretty sure he also owns and operates Bitcoin.org, which has been the unofficial official homepage of Bitcoin for years.
Re:Do you trust the Bitcoin Foundation?
by vbuterin on Thursday February 13, 2014 @09:48AM
(#7231623)
Gavin doesn't operate bitcoin.org; that's another developer. You are right that the foundation does pay his salary, but the fact is that compared to its endowment and its legal expenses the portion of its money that goes out to developers is rather tiny.
Re:Do you trust the Bitcoin Foundation?
by rjzzleep on Thursday February 13, 2014 @06:13AM
(#7230724)
> u should be damn well sure that everyone involved is squeaky clean.
i don't think that's how it works, unless you mean clean of negative publicity. i really doubt most lobbying are clean, but you don't hear about them, because they act like the kings concubines.
Re:Do you trust the Bitcoin Foundation?
by terranstyler on Thursday February 13, 2014 @05:52AM
(#7230664)
True.
The problem for all of us could be that people often forget that "An idea is not responsible for the people that believe in it" (some "Don Marquis" said that)