https://twitter.com/TaoOfSatoshi/status/584457693865345026?s=09Absolutely, we need to avoid this.
One big difference between the Bitcoin Foundation and the Dash Foundation is that, since the first day of operations, we are fully transparent about our finances. You can always find all our funds in:
Also, we are being super conservative with the funds to avoid future problems. Until we know very well what to do with the funds we have decided not to touch them, not even to refund expenses that some of us are incurring.
We are working hard to come with a model that makes the foundation financially viable. Any ideas are welcomed!
Agreed. Bitcoin has become too big to fail in the sense that so many good people want to see it succeed that it may never die, unless something better grabs that audiences attention.Me too. They are the poster child for crypto after all. However, nothing seems to be able to kill Bitcoin/Crtypto anyway. (As per Bitcoinobituraries webpage lol.)
...Dash needs to ride the Btc coat-tails for some time yet, until we are ready AND our natural superiority becomes impossible for the world to ignore.
Re frequency of meetings, we are meeting once a month now. The problem with the meetings model is that it doesn't really reflect how things are being done. The five members of the board are in constant contact by email and chat. Many of the things are discussed between meetings and then barely treated at them. That is why sometimes minutes don't have much detail. However, I agree that we should do a better work with them and try to reflect the full discussion process.So far, the foundation has met very infrequently. Basically once every quarter. I'm glad they put up minutes, but the minutes are very sketchy. As an example:
"Discussed the ramifications of rebranding / name change."
That's it. No details at all. Really, that's not acceptable and when you review it in the next meeting, I'll bet half of the good ideas will have been forgotten. It should read like:
Discussed rebranding / name change and came up with these pros and cons:
Pros - Cons
And we concluded that rebranding was a __________idea. Therefore we agreed to _________ this idea and come up with _________ by_______(date)
THIS is what is needed to make the meetings productive and not forgotten. Also, as the membership changes, the new members will be able to review what was done previously, and not re-invent the wheel.
Once the meeting minutes are completed, the members would review them, and if they approve and agree with the minutes as written, they sign off on them, and then they are published. If not, they are edited to reflect a consensus then published.