Post
Topic
Board Bitcoin Discussion
Topic OP
CODY WILSON PLANS TO DESTROY THE BITCOIN FOUNDATION
by
hsz
on 07/11/2014, 10:26:52 UTC
Upstart Business Journal reveals that crypto-anarchist Cody Wilson will run for a board seat on the Bitcoin Foundation for no other reason than to disband the organization from within.  His next opportunity will be in January 2015 when some seats will be up for election.

Wilson said:
“I will run on a platform of the complete dissolution of the Bitcoin Foundation and will begin and end every single one of my public statements with that message.”

Wilson is a co-founder of Dark Wallet, a project that adds layers of privacy and anonymity to Bitcoin transactions. He is also a co-founder and director of Defense Distributed, a stealth organization that made waves by releasing the specs of a 3D-printable gun. As his trajectory shows, Wilson is a staunch crypto-anarchist who wants to use emerging technologies such as 3D printing and Bitcoin to disrupt “the system.”

On the contrary, the mission of the Bitcoin Foundation is to “standardize, protect and promote the use of Bitcoin cryptographic money for the benefit of users worldwide.” In other words, taking Bitcoin mainstream. That requires working with the regulators rather than against them and making the necessary concessions to their compliance requirements. Therefore, the mission of the Bitcoin Foundation is evidently at odds with that of crypto-anarchists like Wilson.