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Bitcoin Foundation Launches to ‘Standardize, Protect and Promote’ Bitcoin

betabeat.com

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Re: Bitcoin Foundation Launches to ‘Standardize, Protect and Promote’ Bitcoin

#2
Of course, the Linux Foundation is about promoting an operating system that has been largely marginalized

Bollocks. Linux has not been marginalized. It is dominating the server market, embedded devices, and smartphones in the form of android.

whereas the Bitcoin Foundation will work to promote a cryptocurrency sometimes used for blackmarket activity.

Haven't you heard? The dollars are used for black market activities too.

Re: Bitcoin Foundation Launches to ‘Standardize, Protect and Promote’ Bitcoin

#4
post #2

Of course, the Linux Foundation is about promoting an operating system that has been largely marginalized Bollocks. Linux has not been marginalized. It is dominating the server market, embedded devices, and smartphones in the form of android. whereas the Bitcoin Foundation will work to promote a cryptocurrency sometimes used for blackmarket activity. Haven't you heard? The dollars are used for black market activities…

I just want to clarify that kiba is criticizing the betabeat article, not the bitcoin devs.

Given that some core Bitcoin devs are also Linux kernel devs, they would not make the big mistake of saying that Linux is marginalized.

Re: Bitcoin Foundation Launches to ‘Standardize, Protect and Promote’ Bitcoin

#5
A while ago I wrote that perhaps the greatest contribution the Bitcoin experiment will make to humankind is to teach you and me and our neighbors more about the realities of economics. And now I will add that the Bitcoin experiment will also contribute to greater understanding of how nonprofit industry associations are organized to protect the economic interests of for-profit businesses. A lot of new industries have discovered that a few bad actors who screw up early can damage the reputation of the entire industry, and there are many previous examples of "competing" companies in a new industry banding together to promote consumer protection, as they say, and to promote the growth of their market. We'll see how this goes for Bitcoin.

Re: Bitcoin Foundation Launches to ‘Standardize, Protect and Promote’ Bitcoin

#7
post #6

I think an encrypted currency base managed only by computers and the market is fairer than a system run by a few men. Also I like privacy.

I think it could be fairer or it could be a way to get stuck with a broken monetary policy forever.

Re: Bitcoin Foundation Launches to ‘Standardize, Protect and Promote’ Bitcoin

#8
post #4
post #2

Of course, the Linux Foundation is about promoting an operating system that has been largely marginalized Bollocks. Linux has not been marginalized. It is dominating the server market, embedded devices, and smartphones in the form of android. whereas the Bitcoin Foundation will work to promote a cryptocurrency sometimes used for blackmarket activity. Haven't you heard? The dollars are used for black market activities…

I just want to clarify that kiba is criticizing the betabeat article, not the bitcoin devs. Given that some core Bitcoin devs are also Linux kernel devs, they would not make the big mistake of saying that Linux is marginalized.

That kernel/bitcoin link is something I haven't heard of and pretty interesting, do you have any sources?

Re: Bitcoin Foundation Launches to ‘Standardize, Protect and Promote’ Bitcoin

#9
post #7
post #6

I think an encrypted currency base managed only by computers and the market is fairer than a system run by a few men. Also I like privacy.

I think it could be fairer or it could be a way to get stuck with a broken monetary policy forever.

Bitcoin can easily be forked and changed though.

Re: Bitcoin Foundation Launches to ‘Standardize, Protect and Promote’ Bitcoin

#10
post #7

Earlier quoted context omitted.

I think it could be fairer or it could be a way to get stuck with a broken monetary policy forever.

Bitcoin can easily be forked and changed though.

I am not sure that is true. As small as the ecosystem is, I would not want to try to duplicate it.
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