public inbox for bitcoindev@googlegroups.com
 help / color / mirror / Atom feed
From: Troy Benjegerdes <hozer@hozed.org>
To: Gregory Maxwell <gmaxwell@gmail.com>
Cc: bitcoin-development@lists.sourceforge.net
Subject: Re: [Bitcoin-development] MtGox blames bitcoin
Date: Mon, 10 Feb 2014 12:25:06 -0600	[thread overview]
Message-ID: <20140210182506.GM3180@nl.grid.coop> (raw)
In-Reply-To: <CAAS2fgQjKHK4ReQOEtLsTt9KOLxT4G-MiZJ7UKU=qH9ifpuN8g@mail.gmail.com>

On Mon, Feb 10, 2014 at 08:45:03AM -0800, Gregory Maxwell wrote:
> On Mon, Feb 10, 2014 at 8:30 AM, Troy Benjegerdes <hozer@hozed.org> wrote:
> > Name me one single person with commit access to the bitcoin github repository
> > who is *independent* of any venture capital or other 'investment' connections.
> 
> I am, unless you count the fact that I own some Bitcoin and some
> mining hardware as "'investment' connections" (and that case your
> comments are worthless).
> 
> (By not naming anyone else I don't mean to imply there are no others,
> but I don't want to speak for anyone else. Nor would I necessarily
> expect the other part(ies|y) to step forward, since this mostly
> appears to be an invitation to step up and be attacked.)

Thank you.

I also appreciate your commentary[1], and willingness to list your investment
position. What I'm concerned about are people who have signed non-disclosure 
agreements or who's salary/equity/whatever depend on people who are experts
at manipulating markets to take naive investors money.

Independent is also a state of mind as much as it is about financial connections.

What pisses me off here is that a huge amount of wealth just changed hands based
on MtGox's press release, and it stinks of insider trading. I still maintain the
best outcome would be for MtGox to AGPLv3 release their code, and then those of 
us that understand it would be able to have a public technical discussion about
how to fix it, and MtGox would still maintain their intellectual property
ownership position.

This, however, cuts off a significant revenue stream for people who take money
making market bets 5 minutes before the information goes public, so I expect
the likelyhood of such an outbreak of sanity is quite low.

[1] http://www.cryptocoinsnews.com/2014/02/10/mt-gox-blames-bitcoin-core-developer-greg-maxwell-responds/


DISCLAIMER: I have a significant emotional investment in copyleft/viral copyright
development models, and I expect to take a lot of money charging people to write
code I give away for free. I also occasionally make money from cryptocurrency
mining, but only when I can sell it in functional and transparent markets.



  reply	other threads:[~2014-02-10 18:25 UTC|newest]

Thread overview: 18+ messages / expand[flat|nested]  mbox.gz  Atom feed  top
2014-02-10 11:28 [Bitcoin-development] MtGox blames bitcoin Drak
2014-02-10 11:54 ` sickpig
2014-02-10 12:25 ` Gregory Maxwell
2014-02-10 14:40 ` Isidor Zeuner
2014-02-10 16:30   ` Troy Benjegerdes
2014-02-10 16:45     ` Gregory Maxwell
2014-02-10 18:25       ` Troy Benjegerdes [this message]
2014-02-10 18:45         ` Jameson Lopp
2014-02-10 18:53           ` Gavin Andresen
2014-02-10 19:07           ` Troy Benjegerdes
2014-02-10 19:23             ` Peter Todd
2014-02-10 19:30               ` naman naman
2014-02-10 19:40                 ` Peter Todd
     [not found]                   ` <52F9377D.9010405@gmail.com>
2014-02-11 20:42                     ` naman naman
2014-02-11 20:49                       ` Gregory Maxwell
2014-02-11 20:56                         ` naman naman
2014-02-13 12:20                           ` naman naman
2014-02-10 16:49   ` Drak

Reply instructions:

You may reply publicly to this message via plain-text email
using any one of the following methods:

* Save the following mbox file, import it into your mail client,
  and reply-to-all from there: mbox

  Avoid top-posting and favor interleaved quoting:
  https://en.wikipedia.org/wiki/Posting_style#Interleaved_style

* Reply using the --to, --cc, and --in-reply-to
  switches of git-send-email(1):

  git send-email \
    --in-reply-to=20140210182506.GM3180@nl.grid.coop \
    --to=hozer@hozed.org \
    --cc=bitcoin-development@lists.sourceforge.net \
    --cc=gmaxwell@gmail.com \
    /path/to/YOUR_REPLY

  https://kernel.org/pub/software/scm/git/docs/git-send-email.html

* If your mail client supports setting the In-Reply-To header
  via mailto: links, try the mailto: link
Be sure your reply has a Subject: header at the top and a blank line before the message body.
This is a public inbox, see mirroring instructions
for how to clone and mirror all data and code used for this inbox