Quote from: cypherdoc on December 31, 2014, 08:19:24 PM

Quote from: brg444 on December 31, 2014, 08:10:03 PM

Quote from: cypherdoc on December 31, 2014, 07:55:23 PM

Quote from: brg444 on December 31, 2014, 07:44:55 PM

Quote from: cypherdoc on December 31, 2014, 07:39:22 PM

Quote from: brg444 on December 31, 2014, 07:34:54 PM

Quote from: cypherdoc on December 31, 2014, 07:32:01 PM

Oh great, incendiary loud mouth brg444 back in the mix. Just when I thought we had a proper chance of a decent discussion to get going.

There is no such chance with you in the mix.

You have refused or flat out ignored the most logic counter-arguments to your "concerns" and prefer dancing around spewing the same platitudes. It's like groundhog day with you.

If the best way to deal with a troll is to ignore him, then why don't you leave, especially since I'm the one doing most of the talking around here? Or maybe it's because you find what I have to say not all together unreasonable?

Not quite, your thread is merely just one other source of information and sometimes valuable discussion. I certainly would not qualify your opinion as particularly insightful or worthy of merits. You are anything but "reasonable".

Case in point Adam, in the few last post of his has provided more insights and valuable discussion material than certainly your few last thousands post on here.

Blah, blah, blah.

Not in my opinion. As JR said, there's nothing new in what he said. Just his opinions as to where the project stands, that Bitcoin has a "problem ", and that we should "trust" him.

And neither you, nor Adam, had provided a good reason add to why we should up end 6 years of a " no trust" system just to let them establish a $21M for profit entity that seeks to leverage core development to change Bitcoin into their vision while profiting. The core devs refusal to step down speaks volumes and I think Reid Hoffman, et al, would never have plunked down that amount of money if they didn't think it would make a difference.

No trust? You trust Gavin & the Bitcoin Foundation. You trust Jeff Garzik & Bitpay. You trust the miners.

The mere notion you are pushing forward that the addition of op_code to bitcoin core translates into you & everyone having to trust Blockstream for all things Bitcoin is so spectacularly stupid I don't know where to begin.

Add to that the fact that you are parading the $21 SEED investment as the "smoking gun" of conflicted interests and ill-intentions when that amount is literally pocket change to the nearly 40 investors involved. As if these guys are hell-bent on getting a 10x return on their seed-round investement. This is a grave misunderstanding of the business venture capitalists are in.

We've already gone over this with your poor memory. Gavin works for a non profit and gets paid modestly I'd bet. Certainly not the $500k Adam was throwing around earlier (which makes me wonder what Blockstream is paying their core devs). He has no stock or investors to please. Jeff is a lone wolf over at Bitpay. Yeah, big difference is say with Blockstream having 2 core devs plus 3 top committers.

As for the $21M seed, what's your point? How old are you?

You really should stop. Adam and the rest of us were having a decent conversation and now you're going to scare him away.

I believe tvbcof has adressed why any reference to the Bitcoin Foundation as a non-profit devoid of any individuals with selfish interest is naive & misguided. Gavin might have no stock holders or investors to please but he has a gang of, some quite influential shall I say, foundation members paying his salary.

The fact that Jeff is a "lone wolf" does not shield him from potential conflicts of interest. That's quite a poor "excuse" if I might say.

The point about the investment is both parties (Blockstream & investors) have made it quite clear that the reason for the existence of Blockstream first and foremost is to promote & improve the Bitcoin ecosystem as a public good. That is what the funds will be used for. I'm quite certain no one in there is expecting or even demanding 10x return on their investment. At least not in the immediate future.