04 Apr '15, 7am

The truth about the Bitcoin Foundation

NOTE TO THE PRESS: The Bitcoin Foundation does not represent Bitcoin in any way. It has historically hired some Bitcoin developers, lobbyists and organized a conference. Dear Members, I was elected on a platform of transparency and decentralization of core development. Since the beginning, the Foundation has been sorely lacking any transparency of its actions. I can no longer in good conscience hide the truth on what I have witnessed in the Bitcoin Foundation since I was elected last month. First of all, the Bitcoin Foundation is effectively bankrupt. As a result of 2 years of ridiculous spending and poorly thought out decisions, they almost ran out of money in November of last year. In extremis, but way too late, they decided to select a new executive director during that time. That new director decided that the only way to still get funds at that point, was to focus sole...

Full article: https://bitcoinfoundation.org/forum/index.php?/topic/1284...

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The truth about the Bitcoin Foundation

reddit.com 04 Apr '15, 5am

When I joined on my first Board meeting, Jim Harper and myself immediately put forward a vote to have the board meeting re...

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cointelegraph.com 04 Apr '15, 10pm

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cryptocoinsnews.com 05 Apr '15, 9am

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maxkeiser.com 04 Apr '15, 3pm

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