Bitcoin.org Violates its Mission Statement to Censor Coinbase
Almost immediately after publicizing their support for Gavin Andressen’s BIP 101 and Bitcoin XT, Coinbase was removed from Bitcoin.org. The de-listing of Coinbase’s bitcoin wallet platform followed a major upheaval in the Bitcoin community, as many of its members began to contest against Bitcoin.org’s unsupported decision to remove the world’s 2nd largest bitcoin wallet application from its website. Over 95% of the individuals who voted on Github to revert the removal of Coinbase has been completely ignored, enraging the bitcoin community for Bitcoin.org’s actions and settlements which....
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Coinbase CEO Brian Armstrong wants it both ways: to be apolitical about uncomfortable disruptions and political about Bitcoin's mission to disrupt the world.
The founders of Bitcoin startup Coinbase, Brian Armstrong and Fred Ehrsam, are on a mission possible. Their mission is to spread Bitcoin use to the masses around the world. It is their mission to convince the masses that Bitcoin is not some left-wing plot to bring down governments. It is their mission to end the perception that Bitcoin is a scam. It is also their mission to educate everyone that it may perhaps become the most singular invention of the 21st century. Indeed, one bit step and a giant leap for mankind. Also read "Coinbase also offers In-App Bitcoin Payments" and "Coinbase....
Brian Armstrong took to Medium to elaborate upon the Coinbase mission. The 100 person company, Armstrong notes, had grown too large for them to communicate daily with all of their employees, and therefore “we decided to craft a clear vision, mission and strategy for the company.” While he describes the process to determine the vision, the mission and the strategy of Coinbase, Armstrong imparts the company culture “tends to look down on big meetings and ‘fake work.’” During the inquiry, Coinbase highlighted some digital currency fundamentals. Digital currencies would lead to innovation by....
Supreme Court precedent shows that New York’s moratorium on proof-of-work mining violates Bitcoin miners’ First Amendment rights.
A blockchain and technology company claims its new bitcoin mining pool is embedded with tools that enable the pool to censure transactions in the blocks they mine. According to a statement issued by the DMG, the parent company to Blockseer mining pool, this ability allows the latter to “exceed” the compliance requirements of the U.S. Government’s Office of Foreign Assets Control (OFAC). The mining pool’s ability to filter or censor transactions means “high-risk wallets will not be included in Blockseer’s posted blocks.” Detailing the....