Bitcoin Brings A Foundation Of Truth To Money
Mitch Klee discussed what it means for Bitcoin to introduce trustworthy, foundational money to the world.Watch This Episode On YouTubeListen To This Episode:AppleSpotifyGoogleLibsynOvercastIn this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I talked to the one and only Mitch Klee, a repeat contributor here at the magazine and common presence in our Twitter Spaces. Mitch and I discussed several topics, including his inspiration for both of his Bitcoin Magazine articles. These touch on the topics of inflation, misallocation of capital, the way that commonly-cited metrics mislead in....
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As we progress into the future, the necessity for Truth remains the requisite base upon which all else must be built.
Olivier Janssens, the newly elected Bitcoin Foundation board member, recently took a revolting stand against the organization. The celebrated Bitcoin adopter accused the foundation of "lacking transparency of its actions," while exemplifying their decision to ignore recording the board meetings. "We [him and Jim Harper] followed Robert's rules of orders, and everyone else basically shut us down and failed to follow procedures," wrote Janssens, while recalling his version of truth. "The Bitcoin Foundation hates transparency," he later implicated. Janssens constantly stressed on some trivia....
You may remember that the Foundation for Economic Education [FEE] recently received $1,000,000 in Bitcoin from "Bitcoin Jesus" Roger Ver. FEE has been a longtime supporter of Bitcoin and Bitcoiners have been quick to point out that maybe if Wikipedia accepted Bitcoin donations, Wikipedia could have received the donation from Mr. Ver. However, what's past is past and we must forgive and forget; for now, at least, we should focus on the Truth about Bitcoin and Alternative Currencies! Enjoy.
The Bitcoin Foundation has published a reply to the cease and desist order that the organization received on May 30 from California's Department of Financial Institutions. The cease and desist order was a vague one, telling the foundation to "cease and desist from the business of conducting money transmission in this state" without specifying what the foundation was actually doing that qualified as money transmission. There was little to go on; the Bitcoin Foundation is simply an advocacy organization that "standardizes, protects and promotes the use of Bitcoin cryptographic money for the....
An article on Forbes.com by Bitcoin Foundation Board Member and Secretary Jon Matonis announced today that the Bitcoin Foundation had been the recipient of of a "cease and desist" letter from the State of California's Department of Financial Instututions(DFI). The letter alleges that the "BitCoin Foundation" is operating as a money transmitting business without "proper authorization." It proceeds to threaten "APPROPRIATE ACTION" if the Foundation fails to "CEASE AND DESIST FROM CONDUCTING THE BUSINESS OF MONEY TRANSMISSION" in the State of California, and requires a response in writing....