Bitcoin Foundation Divided by Different Opinions
The Bitcoin Foundation was founded in September 2012 with the stated mission to promote, protect and standardize the use of Bitcoin for the benefit of users around the globe. The organization was modeled on the Linux Foundation and is mainly funded by its members and by for-profit companies that depend on Bitcoin technology. A few days ago, one of the newly elected board members of the organization declared the group "effectively bankrupt", claiming that the board members were hiding the Bitcoin Foundation's financial difficulties to its members. Olivier Janssens stated: "The Bitcoin....
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The Bitcoin Foundation Elections Committee has released a unique new project that has been in the works for the last year. “a new official Distributed Opinion System for the Board Elections” ~ Michael Toomim. With a newly created website dedicated to this system, The Distributed Opinion can be found here, https://bitcoin.consider.it/. Foundation members and non-members can view the candidates and their current standings with regards to the opinions of the Foundation members. Bitcoin Foundation members can change their opinions at any time after giving their initial thoughts on a candidate....
All of this goes to show that having multiple Bitcoin subreddits is a great way to share ideas, but it also creates a bigger community divide. The Bitcoin community has been somewhat divided for quite some time now. On the one hand, there are those who favor Bitcoin Core and will support the developers no matter what. But there is also a growing number of community members who want to see a different developmental approach. Separate subreddits have been created for these types of discussions, but in the end, they are not so different after all. /r/BTC Is an excellent example of good....
Olivier Janssens, an early adopter of Bitcoin has created a $100,000bounty for software that will replace the need for the Bitcoin Foundation. The bounty of about 250 Bitcoins will be given to the developer that develops the best software for the goals of Janssens. Janssens views the Bitcoin Foundation as the exact thing that Bitcoin was created to avoid. Despite Bitcoin being a transparent network of transactions, the Bitcoin Foundation is not transparent in their actions, nor do they always ask the opinions of the community before implementing new updates or technology. Janssens seeks to....
Ever since bitcoin entered the limelight, it has been receiving mixed responses. Opinions are divided about it. Some are confident about bitcoin growing big to replace conventional fiat currency, while others believe that it will gradually fade into oblivion. Amongst all these opinions and forecasts going back and forth, one latest prediction stands out. This prediction is from none other than the famous Winklevoss twins who took Facebook to court. According to their prediction, bitcoin is going to replace fiat currency completely by the year 2025 to create a cashless society. With their....