Search the Community
Showing results for tags 'foundation'.
Found 1 result
So after reading this, the btc foundation has basicially run out of funds. Like all things, money has to come from somewhere to keep things running. I always thought there would be trouble as I could see no core investments being made to the foundation and no methods of fundraising. This makes me feel as the differences between us and them are very similar. The differences being, there is a plan which enables us to be self sufficient until a time comes where there is a method to raise money to continue our line of work in good morale. Something as big as Bitcoin can't be run on just favours, it says Janssens was trying to come up with a platform to support developers but then I'm thinking others like bitshares have already thought this through carefully. I can't forsee a great future for bitcoin just yet if development ceases in 1 year or less. Source: http://bravenewcoin.com/news/bitcoin-foundation-insolvent-and-broken/