In my eyes the foundation is just a small groups attempt to embed themselves in a position to align with the government when that time comes. I see nothing of value coming from the foundation and there is absolutely no reason for such an organization to exist.

Bitcoin has no need for what they are providing. In time, they will say "Hey it could have been worse, but we prevented how bad it could have really been." With respect to Bitcoin facing off against the government. When in fact it will be just the opposite.

TLDR: It's just a meal ticket for politicians

This is the original thread announcing TBF not the ones you posted: https://bt.irlbtc.com/view/113400.820
Their are many arguments for and against it and yes I'm in the thread giving Charlie a bunch of crap about the elitist organization. He and others were able to change my mind about it and now I'm a supporter.

OP, you make it sound dirty that someone wants to make money with Bitcoin. You do realize that this is a finance/cryptography forum, right? If business people don't make money Bitcoin dies. Making money is the reason so many people mine and profit is the reason they do it. Troll harder.

From http://www.forbes.com/sites/jonmatonis/2013/06/23/bitcoin-foundation-receives-cease-and-desist-order-from-california/:



Man, u don't understand what u r talking about.

As a newby (kind of), I thank you for this thread.