Post
Topic
Board Bitcoin Discussion
Re: A serious proposal for a replacement non-profitable elected Bitcoin Foundation
by
Lauda
on 21/02/2014, 17:24:50 UTC
No. You're new, and you probably have 1/10th of the knowledge that some experienced members here have (I won't mention any names though).


A board, a foundation, and especially a board of a foundation are inherently charged with doing the right thing, and setting a right example.  

how much tenure do you think it takes to do the right thing?

how much knowledge do you think it takes to do the right thing?

The CEO of Mt. Gox has arguably more bitcoin knowledge than 99.9% of the cryptocurrency industry, but clearly not enough to steer his ship straight,
the same could be said of BitInstant CEO, who was not only a foundation board member but also a founding member and vice Chair at the time of his resignation.  

If you have ALL OF THE KNOWLEDGE OF THE UNIVERSE but not enough to do the right thing, you're only good to lawyers wanting billable hours, not to the public.


99.9% of the crypto industry? More like 0.99%.