28 Aug '14, 9am

Should Bitcoin Groups Be More Transparent?

Should Bitcoin Groups Be More Transparent?

How much transparency should bitcoin users demand from their local representative groups’ decision-making processes, and how far should those groups go to win and maintain their members’ trust? The Israeli Bitcoin Association (IBA) says it has a model it would like to see spread around the world, in which board meetings are completely open and published for all to see. The IBA says it’s the best way to ensure decisions are made in the best interest of its members, and bitcoin itself. But it’s a controversial move that others aren’t rushing to embrace. Critics say it could prevent participants from speaking openly and honestly, or reveal sensitive or confidential information about individual business concerns. At the very least, the Israeli group would like to stir some debate among bitcoin advocacy groups over standards of openness, even if their own radical example isn’t ...

Full article: http://www.coindesk.com/bitcoin-groups-transparent/

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