Quote from: 5flags on March 04, 2014, 08:12:05 AM

Quote from: RodeoX on March 03, 2014, 02:58:01 PM

Yeah, what a scam to take peoples membership money and use it to organize conferences, lobby regulators, provide a resource for business and the press, to provide a space to coordinate the volunteer efforts of dozens of people who actually do something. Wow such scam! Only a doggy based coin could save us now. Roll Eyes

+21 million

Agree. This thread is a ridiculous criticism, obviously made by someone with no understanding that Bitcoin is NOT an island. It interfaces in very real ways with centralised, legacy systems - and we need an organised, dedicated focal point.

This doesn't mean the foundation is beyond criticism, but let's not throw the baby out with the bath water.

Agreed, we do need an organised and dedicated group of people who represent the community. However, who voted these guys in? What input did the bitcoin community as a whole have in the establishment of the foundation, yet alone electing who would be on there? I guess having such shrewd businessman and solid citizens as Mark Karpeles on the board made them think they didn't need that input.

It would be interesting to weigh up the good that the foundation has done compared to the damage that they have done to the brand. It wasn't until the knife was well and truly to the bone that they got rid of Gox and Karpeles. I do not believe for one minute that they were suddenly 'surprised' by what happened over in Tokyo.