Quote from: melvster on June 24, 2013, 01:20:09 AM

Quote from: jgarzik on June 23, 2013, 05:03:33 PM

Quote from: niooron on June 23, 2013, 03:48:17 PM

It's just some idiot government critter thinking the foundation is something like "Bitcoin Corporation".

Correct.

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It would be fun watching the foundation be disbanded anyway.

Most of the forum idiots here do not seem to realize that the Bitcoin Foundation is taking slings and arrows on behalf of others, fighting for bitcoin acceptance.

When you fight for bitcoin, people fight back.

It would be a loss for all if the Bitcoin Foundation goes away.

You cant possibly make that assertion in an unbiased way as the foundation pay the core development team.

There's pros and cons. The US conference I thought was fantastic.

But the foundation introduces a central point of failure.

It's way to early to say whether it is a loss or a gain, especially if they are breaking the law.

Failure?
From the foundation's site:

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Our mission is to help people exchange resources and ideas more freely. We approach that mission with Bitcoins technology and community as our focus. There is tremendous potential in Bitcoinfrom the opportunities it creates for entrepreneurs to the purchasing power it provides for citizens of countries large and small. Our goal is to help Bitcoin deliver on that potential. Bitcoin Foundation has chosen three primary objectives for fulfilling its mission. We believe that these activities will be of the greatest benefit to the Bitcoin community: Standardizing Bitcoin Standardizing Bitcoin As a non-political online money, Bitcoin is backed exclusively by code. This means thatultimatelyit is only as good as its software design. By funding the Bitcoin infrastructure, including a core development team, we can make Bitcoin more respected, trusted and useful to people worldwide. Protecting Bitcoin Protecting Bitcoin Cryptography is the key to Bitcoins success. Its the reason that no one can double spend, counterfeit or steal Bitcoins. If Bitcoin is to be a viable money for both current users and future adopters, we need to maintain, improve and legally protect the integrity of the protocol. Promoting Bitcoin Promoting Bitcoin In the context of public misunderstandings, misinterpretations and misrepresentations, Bitcoin needs to be clearer about its purpose and technology. Allowing the community to speak through a single source will enable Bitcoin to improve its reputation.