Brilliant article, as always. But I do not think the Global Bitcoin Summit was organized by the Bitcoin Foundation.
Bit Foundation this time:
Facing the Bitcoin Foundations failure, the Chinese started Bit Foundation, and although the imitation version is rarely mentioned in the west, the original was rarely heard of in China.
Seriously? Are the Chinese for real, or just making this crap up to entertain themselves? This is the height of hubris and arrogance. Show me one prominent bitcoiner in China that is even part of the Bitcoin core development team. If anything has been a failure so far, it's the Chinese exchanges establishing themselves as the 'cornerstone' of the bitcoin world. They will probably be completely out of business soon, while the Western exchanges will continue to thrive. Sorry to rub salt in the wound, but the Chinese need to stop deluding themselves into believing that bitcoin won't survive without their involvement. We want the Chinese onboard just like we want the rest of the world onboard, but so far I haven't seen proper leadership from there. All I can say is, prove us in the West wrong.