shmadz
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April 13, 2015, 12:57:11 AM

People dont like the BF because "power". But bitcoin wont survive without  some sort of intelligent benign leadership. But this leadership will have  "power", and people wont like that... Rinse, Repeat.

You either have cake, or you eat cake. Until people get that into their heads, bitcoin will have some tough times ahead..

You obviously haven't followed Bitcoin development on GitHub. There is a " intelligent benign leadership" very much in place, and it has nothing to do with BF. Developers with Gavin as head wouldn't listen to BF if they think something BF is pushing is not good for Bitcoin. All people who's influence on development is significant are employed by large Bitcoin startups, and are very much interested for Bitcoin to succeed so those startups get to successful IPOs when they would monetize their role as core developers. There are no better guardians of Bitcoins then these group of guys, and they can do very well without Bitcoin Foundation, thank you very much.

Good point.

The alignment of incentives was necessary for bootstrapping the network and will remain vital in keeping the experiment going.