I strongly believe that in order to come off professional Bitcoin's founders and a team of financial professionals should form an "assocation" so they can directly publish statements
against any bad news or any banker labeling Bitcoin as "fraudulent". Right now, I feel like there's not one single person who can be blamed if something goes wrong and this is the exact
reason why lots of people feel uncomfortable buying the Bitcoins. Bitcoin needs a face. Right now, it's not linked to anything. It's too mysterious. I never see any publications whenever there's bad news and
this is not good! What do you guys think about this?
I would think that the Bitcoin Foundation already exists for this purpose, to educate the public and advocate for policies that advance Bitcoin and the technologies behind it.
I don't think that that group, or any group, should "control" Bitcoin or be a single point of "blame" (or credit, for that matter) as you suggest. The decentralized nature of Bitcoin IS its strength. Some may find that unsettling, that's for sure. But that's exactly why it has such power. That's really what is unsettling to them -- the redistribution of power.
The ultimate disruptive paradigm.
No central point of control.
No central point of failure.
No central point of success.
No effective way to "stop" it.
Consensus based "governance" built into the software. In effect, miners signaling BIP activation could be compared to votes on the Fed.
I'm sure when paper money was invented, as IOUs on gold that were placed on deposit (if I recall my monetary history correctly), that was unsettling for some people too.
People don't have to transact Bitcoin if they don't want to. There are many lesser alternatives, lol.