Post
Topic
Board Bitcoin Discussion
Re: [ANN] Bitcoin Foundation
by
Insu Dra
on 03/10/2012, 15:10:34 UTC
So it all comes down to members that pay, eventually those that pay the most will have most power. Equal votes my ass, they pay the bills and put food on the table ...

Are you suggesting that they will put something in the bylaws that will allow people to purchase more than one vote?

No, do they need to add it to the bylaws before it becomes true ?

Eventually operation will be depend on the funds added by specific parties and that is the invisible voting power most people seem to ignore and the one I was referring to. Organizations and/or corporations on the other hand are not able to ignore that voting power, they have the responsibility to keep operations going.

This is something you can't avoid, but in a free world competition and user choice solves the issue. For the 'bitcoin protocol' there is no viable alternative besides the one provided by them. As such I consider the creation of the foundation at this point in time a thread, a can of worms we should have kept closed a bit longer.