Post
Topic
Board Service Discussion
Re: Gox collapse due (in part) to neglect of Bitcoin Foundation Board?
by
rikkejohn
on 04/03/2014, 10:23:23 UTC
I blame the BTC Foundation in part for the Gox fiasco. Any other body making similar claims regarding representation of the people and the good of the currency and industry would have been on Gox like a tonne of bricks. But these useless morons were too close to Gox.

The Foundation said virtually nothing during the whole time. It has said virtually nothing since. So what is the point of it? If it cannot act or at least be shown to be deeply worried about the biggest BTC robbery ever, one worth $500m, and continues to make inane tweets about a new BTC merchant in town X, or some other triviality, then fuck it.

The website is hardly updated, and the forums are dead, with the same 10 faces posting crap saying stuff like "nobody really knows", etc.

To fair to Jon Matonis, I got the feeling he wanted to say something on his Twitter but held back (I had a couple of short encounters with him). I guess the one and only rebuke Gox got was about the malleability thing, and even then the Foundation did not take an official position, it just reported it was contested as an issue.

It's rotten to the core, institutionally dysfunctional and needs disbanding or overhauling.