Post
Topic
Board Bitcoin Discussion
Re: I'm proud of the foundation
by
tuheeden
on 12/07/2013, 01:09:01 UTC
Wow - There is alot of mis-information and misplaced anger over something as benign as the Foundation.

First and most obvious, TBF does NOT control  Bitcoin, the code or the development. If you think you can do better, start your own and let the economic majority do the rest. As many have mentioned here, all software development benefits from the division of labor. After all, who was going to pay for the lawyer to defend the project when the State of California came knocking?? Funny how all of the blow hards vanish when real money and responsibility arrive.

Second, as I already pointed out - It is good for ALL digital currencies to have someone clearing legal paths and investing time and energy for the greater good of the community. There is no doubt that some people that are in the TBF have special interests and profit motives but so does everyone here or else you would just use paypal or visa and call it a day. Let them do what they can to make all of our lives easier.

Third, I cant see how the TBF is "centralizing" anything but liability. Many have pointed out that Bitcoin has suffered (and continues to) from a lack of public relations and while I agree this is true, somehow it has managed $1.3B in market capitalization, so imagine what it could do? Yes, TBF will try and be a point of contact for things Bitcoin, but if Ripple or Litecoin reach the size and scope of Bitcoin, they too will need willing participants to row the boat.

I believe that there are MANY brilliant people working on this project all over the world. To think that one small group is smarter or more powerful that millions of others is absurd. Let them do their part while we do ours.