Bitcointalk Mobile Browser presented by IRLBTC™

>> (p.1)

Author

Topic: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ? (Read 1864 times)

BitCoinDream (OP)

Legendary

Offline

Activity: 2422
Merit: 1217

The revolution will be digital

Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 09, 2014, 11:12:05 PM

^^^
The title speaks for itself...

জানবে সারা বিশ্বময়, এই বাঙালি নিঃস্ব নয়...

zhinkk

Sr. Member

Offline

Activity: 266
Merit: 250

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 09, 2014, 11:14:59 PM

Sorry for being the idiot here, but I don't get it. You aren't referring to the "RealCoin" altcoin are you? Is this some pun I'm not getting? I understand that the foundation has not been transparent and a lot of well-respected members of dropped, but I don't get this thread. :/

tins

Hero Member

Offline

Activity: 882
Merit: 500

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 09, 2014, 11:16:51 PM

RealCoin could be SolidCoin's sibling coin.

BitCoinDream (OP)

Legendary

Offline

Activity: 2422
Merit: 1217

The revolution will be digital

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 09, 2014, 11:20:36 PM

Quote from: zhinkk on July 09, 2014, 11:14:59 PM

The Bitcoin Foundation board member Brock Pierce is rolling out RealCoin... an Alt coin. What can be worse for The Bitcoin Foundation to question its credibility ? Its' own board members dont have trust in Bitcoin !!!

জানবে সারা বিশ্বময়, এই বাঙালি নিঃস্ব নয়...

ArticMine

Legendary

Offline

Activity: 2282
Merit: 1055

Monero Core Team

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 09, 2014, 11:49:17 PM

Quote from: BitCoinDream on July 09, 2014, 11:20:36 PM

Quote from: zhinkk on July 09, 2014, 11:14:59 PM

Brock Pierce in a conflict of interest.

Concerned that blockchain bloat will lead to centralization? Storing less than 4 GB of data once required the budget of a superpower and a warehouse full of punched cards. https://upload.wikimedia.org/wikipedia/commons/8/87/IBM_card_storage.NARA.jpg https://en.wikipedia.org/wiki/Punched_card

tins

Hero Member

Offline

Activity: 882
Merit: 500

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 09, 2014, 11:50:57 PM

Quote from: BitCoinDream on July 09, 2014, 11:20:36 PM

Quote from: zhinkk on July 09, 2014, 11:14:59 PM

This is news to me.
It will probably be a great pump and dump coin. Will take off massively with all that financial backing...before a long, steady decline into nothing.

BitCoinDream (OP)

Legendary

Offline

Activity: 2422
Merit: 1217

The revolution will be digital

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 09, 2014, 11:57:00 PM

Quote from: tins on July 09, 2014, 11:50:57 PM

Quote from: BitCoinDream on July 09, 2014, 11:20:36 PM

Quote from: zhinkk on July 09, 2014, 11:14:59 PM

This is news to me.
It will probably be a great pump and dump coin. Will take off massively with all that financial backing...before a long, steady decline into nothing.

The funny thing is that, getting buyers will be easy for Brock and his associates, but finding buyers for the first time buyers will be difficult. So Brock and his associates will definitely make money, but will anyone else ?

জানবে সারা বিশ্বময়, এই বাঙালি নিঃস্ব নয়...

theblacksquid

Full Member

Offline

Activity: 182
Merit: 100

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 12:01:38 AM

Quote from: BitCoinDream on July 09, 2014, 11:20:36 PM

Quote from: zhinkk on July 09, 2014, 11:14:59 PM

Not only that - RealCoin itself is "backed" by the USD!!!!
Talk about a snowball of bad ideas!!

Support Decentralized Commerce - OpenBazaar.org
Add some science to your mining! GRIDCOIN

JorgeStolfi

Hero Member

Offline

Activity: 910
Merit: 1003

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 12:05:56 AM

Readers may be confussing Pierce's new "RealCoin" with a previously launched altcoin that is already defunct, it seems.

Announcement of Pierce's RealCoin on the Wall Street Journal, 2014-07-08 (yesterday)
http://blogs.wsj.com/moneybeat/2014/07/08/dollar-backed-digital-currency-aims-to-fix-bitcoins-volatility-dilemma/
Comments on Reddit:
http://www.reddit.com/r/Bitcoin/comments/2a6ssr/newlyelected_bitcoin_foundation_director_brock/?sort=new

Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.

keithers

Legendary

Offline

Activity: 1456
Merit: 1001

This is the land of wolves now & you're not a wolf

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 12:08:33 AM

#10

Pierce did not wait long to stir up even more controversy. I just read an article saying that Andreas was distancing himself from the foundation. Don't think it's good at all for the foundation to be kind of viewed as "the face of bitcoin" (at least to inexperienced people)

Swordsoffreedom

Legendary

Offline

Activity: 3220
Merit: 1164

Leading Crypto Sports Betting & Casino Platform

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 12:12:53 AM

#11

Quote from: keithers on July 10, 2014, 12:08:33 AM

Yep that is the second discussed thread these threads are concurrent
https://bt.irlbtc.com/view/684029.msg7759615#msg7759615

Regarding the accusation they are the realcoin foundation, not sure don't have enough info on that myself but it sounds like a direct conflict of interest to be shilling an altcoin alternative while using the foundation as a mechanism to do so.

..^Stake.com..

▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████

Play
Smarter

▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█

Leading Crypto Sports Betting
&&&&& Casino Platform

▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀

..^{PLAY NOW}..

JohnnyBTCSeed

Hero Member

Offline

Activity: 882
Merit: 1000

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 03:09:02 AM

#12

Ron~Popeil

Sr. Member

Offline

Activity: 406
Merit: 250

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 04:49:32 AM

#13

Quote from: Swordsoffreedom on July 10, 2014, 12:12:53 AM

Quote from: keithers on July 10, 2014, 12:08:33 AM

Yeah I have a real problem with this as well. There is a lot more they could do to support bit coin. Promoting another coin is a waste of time, especially when they are all ready doing very little to support bit coin other than making occasional statements and collecting donations for the right to vote on issues.

▓▓▓ BITMIXER.IO ▓▓▓▓▓▓ High Volume Bitcoin MIXER ▓▓▓

keithers

Legendary

Offline

Activity: 1456
Merit: 1001

This is the land of wolves now & you're not a wolf

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 05:53:11 AM

#14

It really sucks but more and more it is becoming clear that they are only looking out for themselves.

BitCoinDream (OP)

Legendary

Offline

Activity: 2422
Merit: 1217

The revolution will be digital

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 11:03:20 AM

#15

Now I wonder whether core dev will be forced to include realcoin into bitcoin core client. It is high time that other foundation members stand up and kick out Brock Pierce or anyone who is trying to push their Alt using Bitcoin platform. Are u listening Lee/Gavin ?

জানবে সারা বিশ্বময়, এই বাঙালি নিঃস্ব নয়...

JorgeStolfi

Hero Member

Offline

Activity: 910
Merit: 1003

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 11:12:08 AM

#16

Quote from: BitCoinDream on July 10, 2014, 11:03:20 AM

It is high time that other foundation members stand up and kick out Brock Pierce or anyone who is trying to push their Alt using Bitcoin platform.

What do the bylaws say about "impeachment" of the director? I read them some time ago and they struck me as exceedingly un-demoncratic. The election of Brock Pierce for instance was decided by the board not the memers as a whole, AFAIK.

Academic interest in bitcoin only. Not owner, not trader, very skeptical of its longterm success.

Lauda

Legendary

Offline

Activity: 2674
Merit: 3004

Terminated.

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 11:19:32 AM

#17

Quote from: ArticMine on July 09, 2014, 11:49:17 PM

Quote from: BitCoinDream on July 09, 2014, 11:20:36 PM

Quote from: zhinkk on July 09, 2014, 11:14:59 PM

Brock Pierce in a conflict of interest.

Then he should be thrown out of TBF and problem solved.
I'm pretty sure there will be a lot of hate for RealCoin.

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)

BitCoinDream (OP)

Legendary

Offline

Activity: 2422
Merit: 1217

The revolution will be digital

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 11:28:10 AM

#18

Quote from: LaudaM on July 10, 2014, 11:19:32 AM

Quote from: ArticMine on July 09, 2014, 11:49:17 PM

Quote from: BitCoinDream on July 09, 2014, 11:20:36 PM

Quote from: zhinkk on July 09, 2014, 11:14:59 PM

Brock Pierce in a conflict of interest.

Then he should be thrown out of TBF and problem solved.
I'm pretty sure there will be a lot of hate for RealCoin.

But, in reality, the reverse has taken place. Andreas Antonopoulos is now out of the foundation !!!

https://twitter.com/aantonop/status/486926129409052672

Quote

I can no longer have even the smallest association with the Bitcoin Foundation, because of the complete lack of transparency

জানবে সারা বিশ্বময়, এই বাঙালি নিঃস্ব নয়...

Bit_Happy

Legendary

Offline

Activity: 2156
Merit: 1041

A Great Time to Start Something!

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 04:22:07 PM

#19

Quote from: BitCoinDream on July 10, 2014, 11:28:10 AM

Quote from: LaudaM on July 10, 2014, 11:19:32 AM

Quote from: ArticMine on July 09, 2014, 11:49:17 PM

Quote from: BitCoinDream on July 09, 2014, 11:20:36 PM

Quote from: zhinkk on July 09, 2014, 11:14:59 PM

Brock Pierce in a conflict of interest.

Then he should be thrown out of TBF and problem solved.
I'm pretty sure there will be a lot of hate for RealCoin.

But, in reality, the reverse has taken place. Andreas Antonopoulos is now out of the foundation !!!

https://twitter.com/aantonop/status/486926129409052672

Quote

I can no longer have even the smallest association with the Bitcoin Foundation, because of the complete lack of transparency

Andreas leaving the foundation is great news. Let their crooked club fade into oblivion.

Homeless Token (HOME) You Can Make Good Honest Money By Helping People In Urgent Need. | +++ Positive Coin +++ Stay Tuned!

DannyElfman

Sr. Member

Offline

Activity: 406
Merit: 250

Re: Should The Bitcoin Foundation be renamed as The Realcoin Foundation ?

July 10, 2014, 04:25:44 PM

#20

Quote from: BitCoinDream on July 09, 2014, 11:20:36 PM

Quote from: zhinkk on July 09, 2014, 11:14:59 PM

This is just ridiculous, most alt coins are made so their founders can get rich by mining early and then promoting the coin to others. So a member of the board is trying to profit off of an alt coin......SMH

This spot for rent.

Pages: [1] 2 » All

Page 1

Viewing Page: 1