Bitcoin Foundation - Revision history

Midnightmagic: /* Criticism */ fixing a link to a dead vice.com article, to the archive.org copy. yes, I know the extra markup doesn't work here yet

2025-07-02T21:58:17Z

Criticism: fixing a link to a dead vice.com article, to the archive.org copy. yes, I know the extra markup doesn't work here yet

← Older revision		Revision as of 21:58, 2 July 2025
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	==Criticism==		==Criticism==
	The Foundation and its leadership have been criticized by some in the media.<ref ~~name="MB1"~~>{{cite web\|last=Neal\|first=Meghan\|title=Bitcoin is Hiring Lobbyists\|website=Motherboard.com\|url=http://motherboard.vice.com/read/sorry-cypherpunks-bitcoin-is-hiring-political-lobbyists\|date=May 12, 2014\|accessdate=May 16, 2014}}</ref><ref name="VW1"/> Former vice-chairman [[Charlie Shrem]] pled guilty to aiding and abetting the operation of an unlicensed money-transmitting business related to his role in assisting agents of the online marketplace [[Silk Road]].<ref>Jerving, Sara (September 6, 2014) [http://online.wsj.com/articles/bitcoin-promoter-charles-shrem-pleads-guilty-1409870506 "Bitcoin Promoter Charles Shrem Pleads Guilty"] ''The Wall Street Journal''</ref><ref name="FShrem1">{{cite web\|last=Hill\|first=Kashmir\|title=Winklevosses, Bitcoin Community Shocked By Arrest of BitInstant CEO Charlie Shrem\|website=Forbes.com\|url=http://www.forbes.com/sites/kashmirhill/2014/01/27/winklevosses-bitcoin-community-shocked-by-arrest-of-bitinstant-ceo-charlie-shrem/\|date=January 27, 2014\|accessdate=May 16, 2014}}</ref><ref name="VShrem1">{{cite web\|last=Jeffires\|first=Adrianne\|title=Charlie Shrem resigns from the Bitcoin Foundation after arrest\|website=The Verge\|url=http://www.theverge.com/2014/1/28/5354328/charlie-shrem-resigns-from-the-bitcoin-foundation-after-arrest-bitinstant\|date=January 28, 2014\|accessdate=May 16, 2014}}</ref> Executive chairman Peter Vessenes' business relationship to former board member [[Mark Karpeles]], the former CEO of collapsed Bitcoin exchange [[Mt. Gox]], has been highlighted as inappropriate.<ref name="VW1">{{cite web\|last=Tiku\|first=Nitasha\|title=Whistleblower Threatens to Expose Corruption at Bitcoin Foundation\|website=ValleyWag\|url=http://valleywag.gawker.com/whistleblower-threatens-to-expose-corruption-at-bitcoin-1538965958\|date=March 7, 2014\|accessdate=May 16, 2014}}</ref> The Foundation has also suffered scrutiny and resignations over its hiring of former child star [[Brock Pierce]].<ref name="FReuters1">{{cite web\|last=Menn\|first=Joseph\|title=Bitcoin Foundation hit by resignations over new director\|website= Reuters.com\|url=http://www.reuters.com/article/2014/05/16/us-bitcoin-foundation-resignations-idUSBREA4F02B20140516\|date=May 16, 2014\|accessdate=May 16, 2014}}</ref>		The Foundation and its leadership have been criticized by some in the media.<ref>{{cite web\|last=Neal\|first=Meghan\|title=Bitcoin is Hiring Lobbyists\|website=Motherboard.com\|url=https://web.archive.org/web/20160304003844/http://motherboard.vice.com/read/sorry-cypherpunks-bitcoin-is-hiring-political-lobbyists\|date=May 12, 2014\|accessdate=May 16, 2014\|archive-url=https://web.archive.org/web/20160304003844/http://motherboard.vice.com/read/sorry-cypherpunks-bitcoin-is-hiring-political-lobbyists\|archive-date=2016-03-04\|url-status=dead}}</ref><ref name="VW1"/> Former vice-chairman [[Charlie Shrem]] pled guilty to aiding and abetting the operation of an unlicensed money-transmitting business related to his role in assisting agents of the online marketplace [[Silk Road]].<ref>Jerving, Sara (September 6, 2014) [http://online.wsj.com/articles/bitcoin-promoter-charles-shrem-pleads-guilty-1409870506 "Bitcoin Promoter Charles Shrem Pleads Guilty"] ''The Wall Street Journal''</ref><ref name="FShrem1">{{cite web\|last=Hill\|first=Kashmir\|title=Winklevosses, Bitcoin Community Shocked By Arrest of BitInstant CEO Charlie Shrem\|website=Forbes.com\|url=http://www.forbes.com/sites/kashmirhill/2014/01/27/winklevosses-bitcoin-community-shocked-by-arrest-of-bitinstant-ceo-charlie-shrem/\|date=January 27, 2014\|accessdate=May 16, 2014}}</ref><ref name="VShrem1">{{cite web\|last=Jeffires\|first=Adrianne\|title=Charlie Shrem resigns from the Bitcoin Foundation after arrest\|website=The Verge\|url=http://www.theverge.com/2014/1/28/5354328/charlie-shrem-resigns-from-the-bitcoin-foundation-after-arrest-bitinstant\|date=January 28, 2014\|accessdate=May 16, 2014}}</ref> Executive chairman Peter Vessenes' business relationship to former board member [[Mark Karpeles]], the former CEO of collapsed Bitcoin exchange [[Mt. Gox]], has been highlighted as inappropriate.<ref name="VW1">{{cite web\|last=Tiku\|first=Nitasha\|title=Whistleblower Threatens to Expose Corruption at Bitcoin Foundation\|website=ValleyWag\|url=http://valleywag.gawker.com/whistleblower-threatens-to-expose-corruption-at-bitcoin-1538965958\|date=March 7, 2014\|accessdate=May 16, 2014}}</ref> The Foundation has also suffered scrutiny and resignations over its hiring of former child star [[Brock Pierce]].<ref name="FReuters1">{{cite web\|last=Menn\|first=Joseph\|title=Bitcoin Foundation hit by resignations over new director\|website= Reuters.com\|url=http://www.reuters.com/article/2014/05/16/us-bitcoin-foundation-resignations-idUSBREA4F02B20140516\|date=May 16, 2014\|accessdate=May 16, 2014}}</ref>

	In November 2014, the Bitcoin Foundation announced that it would seek to wind down its education, outreach and public policy initiatives as it turns its focus to core development. Three surveys conducted earlier by the Bitcoin Foundation suggest that many community members, both inside and outside of the organization, want to see it adopt a stronger focus on bitcoin’s open-source technology development. <ref>{{cite news \| url= http://www.coindesk.com/bitcoin-foundation-shift-core-development/\| title= Bitcoin Foundation Pledges to Focus Solely on Core Development\| accessdate=19 November 2014 \| work= coindesk.com \|first= Stan\|last= Higgins}}</ref> The Bitcoin community itself is ~~divided over~~ the role of the Foundation as a community or industry representative.<ref name="MB1"/> Some libertarian Bitcoin advocates have criticized the organization's strategy of political lobbying and participation with federal regulators.<ref name="MB1"/> In November of 2014, [[Cody Wilson]] announced his run for board seat in the Bitcoin Foundation, stating "I will run on a platform of the complete dissolution of the Bitcoin Foundation and will begin and end every single one of my public statements with that message." <ref>{{cite news \| work=Upstart \| last= del Castillo \| first= Michael \| authorlink=Michael del Castillo \| date=22 December 2014 \| url=http://upstart.bizjournals.com/entrepreneurs/hot-shots/2014/12/22/it-s-official-cody-wilson-is-trying-to-destroy-the.html?page=all \| title=It's official: Cody Wilson is trying to destroy the Bitcoin Foundation from within }}</ref>		In November 2014, the Bitcoin Foundation announced that it would seek to wind down its education, outreach and public policy initiatives as it turns its focus to core development. Three surveys conducted earlier by the Bitcoin Foundation suggest that many community members, both inside and outside of the organization, want to see it adopt a stronger focus on bitcoin’s open-source technology development. <ref>{{cite news \| url= http://www.coindesk.com/bitcoin-foundation-shift-core-development/\| title= Bitcoin Foundation Pledges to Focus Solely on Core Development\| accessdate=19 November 2014 \| work= coindesk.com \|first= Stan\|last= Higgins}}</ref> The Bitcoin community itself is essentially universally negative about the former role of the Foundation as a community or industry representative.<ref name="MB1"/> Some libertarian Bitcoin advocates have criticized the organization's strategy of political lobbying and participation with federal regulators.<ref name="MB1"/> In November of 2014, [[Cody Wilson]] announced his run for board seat in the Bitcoin Foundation, stating "I will run on a platform of the complete dissolution of the Bitcoin Foundation and will begin and end every single one of my public statements with that message." <ref>{{cite news \| work=Upstart \| last= del Castillo \| first= Michael \| authorlink=Michael del Castillo \| date=22 December 2014 \| url=http://upstart.bizjournals.com/entrepreneurs/hot-shots/2014/12/22/it-s-official-cody-wilson-is-trying-to-destroy-the.html?page=all \| title=It's official: Cody Wilson is trying to destroy the Bitcoin Foundation from within }}</ref>

	Professor and author [[Mark T. Williams]] criticized the Bitcoin Foundation's priorities, writing in a ''[[Business Insider]]'' editorial that "A Foundation of 'B' players has no business claiming it is a protector of a system that remains vulnerable and untrustworthy."<ref>{{cite news \| work=Business Insider \| last=Williams \| first=Mark T. \| authorlink=Mark T. Williams \| date=25 February 2014 \| url=http://www.businessinsider.com/mark-williams-bitcoin-lehman-brothers-type-event-2014-2 \| title=Mt Gox: The tower of toxic sludge }}</ref>		Professor and author [[Mark T. Williams]] criticized the Bitcoin Foundation's priorities, writing in a ''[[Business Insider]]'' editorial that "A Foundation of 'B' players has no business claiming it is a protector of a system that remains vulnerable and untrustworthy."<ref>{{cite news \| work=Business Insider \| last=Williams \| first=Mark T. \| authorlink=Mark T. Williams \| date=25 February 2014 \| url=http://www.businessinsider.com/mark-williams-bitcoin-lehman-brothers-type-event-2014-2 \| title=Mt Gox: The tower of toxic sludge }}</ref>


	==External Links==		==External Links==

Midnightmagic: minor

2025-07-02T21:46:39Z

minor

← Older revision		Revision as of 21:46, 2 July 2025
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	November 2013 \|first= Timothy \|last= Lee \|work= Washington Post}}</ref>		November 2013 \|first= Timothy \|last= Lee \|work= Washington Post}}</ref>

	===IRS 501(c)3 Status Auto-Revocation===		===IRS 501(c)(6) Status Auto-Revocation===
	As per the IRS tax-exempt database [https://apps.irs.gov/app/eos/ IRS EOS Database], The Bitcoin Foundation, EIN 46-1671796, was auto-revoked as a 501(c)(6) tax-exempt organization as of 2022/05/15 for failing to file their Form 990-series return or notice for a full three years prior. They were filed under the names "THE BITCOIN FOUNDATION INC" or "BITCOIN FOUNDATION INC". This means they were effectively a dead organization from at least 2019.		As per the IRS tax-exempt database [https://apps.irs.gov/app/eos/ IRS EOS Database], The Bitcoin Foundation, EIN 46-1671796, was auto-revoked as a 501(c)(6) tax-exempt organization as of 2022/05/15 for failing to file their Form 990-series return or notice for a full three years prior. They were filed under the names "THE BITCOIN FOUNDATION INC" or "BITCOIN FOUNDATION INC". This means they were effectively a dead organization from at least 2019.

Midnightmagic: /* History */

2025-07-02T21:46:17Z

History

← Older revision		Revision as of 21:46, 2 July 2025
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	In November 2013, Patrick Murck, general counsel of the Bitcoin Foundation, testified before a United States Senate committee convened to assess digital currencies, at which the reception of Bitcoin by lawmakers was generally positive.<ref>{{cite news \|url= http://www.washingtonpost.com/business/economy/for-bitcoin-a-successful-charm-offensive-on-the-hill/2013/11/22/000ed4b0-53b1-11e3-a7f0-b790929232e1_story.html \|title= For Bitcoin, a successful charm offensive on the Hill \|date= 23 November 2013 \|accessdate= 24		In November 2013, Patrick Murck, general counsel of the Bitcoin Foundation, testified before a United States Senate committee convened to assess digital currencies, at which the reception of Bitcoin by lawmakers was generally positive.<ref>{{cite news \|url= http://www.washingtonpost.com/business/economy/for-bitcoin-a-successful-charm-offensive-on-the-hill/2013/11/22/000ed4b0-53b1-11e3-a7f0-b790929232e1_story.html \|title= For Bitcoin, a successful charm offensive on the Hill \|date= 23 November 2013 \|accessdate= 24
	November 2013 \|first= Timothy \|last= Lee \|work= Washington Post}}</ref>		November 2013 \|first= Timothy \|last= Lee \|work= Washington Post}}</ref>

			===IRS 501(c)3 Status Auto-Revocation===
			As per the IRS tax-exempt database [https://apps.irs.gov/app/eos/ IRS EOS Database], The Bitcoin Foundation, EIN 46-1671796, was auto-revoked as a 501(c)(6) tax-exempt organization as of 2022/05/15 for failing to file their Form 990-series return or notice for a full three years prior. They were filed under the names "THE BITCOIN FOUNDATION INC" or "BITCOIN FOUNDATION INC". This means they were effectively a dead organization from at least 2019.

	==Criticism==		==Criticism==

Taras at 04:20, 30 July 2015

2015-07-30T04:20:59Z

← Older revision		Revision as of 04:20, 30 July 2015
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	==History==		==History==

	The Bitcoin Foundation was announced on September 27, 2012.<ref>{{cite btct\|id=113400\|title=[ANN] Bitcoin Foundation\|date=27 September 2012}}</ref>		The Bitcoin Foundation was announced on September 27, 2012.<ref>{{cite btct\|id=113400\|title=<nowiki>[ANN]</nowiki> Bitcoin Foundation\|date=27 September 2012}}</ref>

	According to its founding documents, the Bitcoin Foundation's original members included [[Gavin Andresen]], [[Charlie Shrem]], [[Mark Karpelès]], [[Peter Vessenes]], [[Roger Ver]], and [[Patrick Murck]]. Current board members are divided into one of three categories: Founding Members, Industry Members, and Individual Members. The board is made up of a combination of elected members of the aforementioned categories. [[Gavin Andresen]] is employed by the foundation as "chief scientist."<ref name="Bitcoin Boom" />		According to its founding documents, the Bitcoin Foundation's original members included [[Gavin Andresen]], [[Charlie Shrem]], [[Mark Karpelès]], [[Peter Vessenes]], [[Roger Ver]], and [[Patrick Murck]]. Current board members are divided into one of three categories: Founding Members, Industry Members, and Individual Members. The board is made up of a combination of elected members of the aforementioned categories. [[Gavin Andresen]] is employed by the foundation as "chief scientist."<ref name="Bitcoin Boom" />
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	===United States Senate assessment===		===United States Senate assessment===
	In November 2013, Patrick Murck, general counsel of the Bitcoin Foundation, testified before a United States Senate committee convened to assess digital currencies, at which the reception of Bitcoin by lawmakers was generally positive.<ref>{{cite news \|url= http://www.washingtonpost.com/business/economy/for-bitcoin-a-successful-charm-offensive-on-the-hill/2013/11/22/000ed4b0-53b1-11e3-a7f0-b790929232e1_story.html \|title= For Bitcoin, a successful charm offensive on the Hill \|date= 23 November 2013 \|accessdate= 24 November 2013 \|first= Timothy \|last= Lee \|work= Washington Post}}</ref>		In November 2013, Patrick Murck, general counsel of the Bitcoin Foundation, testified before a United States Senate committee convened to assess digital currencies, at which the reception of Bitcoin by lawmakers was generally positive.<ref>{{cite news \|url= http://www.washingtonpost.com/business/economy/for-bitcoin-a-successful-charm-offensive-on-the-hill/2013/11/22/000ed4b0-53b1-11e3-a7f0-b790929232e1_story.html \|title= For Bitcoin, a successful charm offensive on the Hill \|date= 23 November 2013 \|accessdate= 24
			November 2013 \|first= Timothy \|last= Lee \|work= Washington Post}}</ref>

			==Criticism==
			The Foundation and its leadership have been criticized by some in the media.<ref name="MB1">{{cite web\|last=Neal\|first=Meghan\|title=Bitcoin is Hiring Lobbyists\|website=Motherboard.com\|url=http://motherboard.vice.com/read/sorry-cypherpunks-bitcoin-is-hiring-political-lobbyists\|date=May 12, 2014\|accessdate=May 16, 2014}}</ref><ref name="VW1"/> Former vice-chairman [[Charlie Shrem]] pled guilty to aiding and abetting the operation of an unlicensed money-transmitting business related to his role in assisting agents of the online marketplace [[Silk Road]].<ref>Jerving, Sara (September 6, 2014) [http://online.wsj.com/articles/bitcoin-promoter-charles-shrem-pleads-guilty-1409870506 "Bitcoin Promoter Charles Shrem Pleads Guilty"] ''The Wall Street Journal''</ref><ref name="FShrem1">{{cite web\|last=Hill\|first=Kashmir\|title=Winklevosses, Bitcoin Community Shocked By Arrest of BitInstant CEO Charlie Shrem\|website=Forbes.com\|url=http://www.forbes.com/sites/kashmirhill/2014/01/27/winklevosses-bitcoin-community-shocked-by-arrest-of-bitinstant-ceo-charlie-shrem/\|date=January 27, 2014\|accessdate=May 16, 2014}}</ref><ref name="VShrem1">{{cite web\|last=Jeffires\|first=Adrianne\|title=Charlie Shrem resigns from the Bitcoin Foundation after arrest\|website=The Verge\|url=http://www.theverge.com/2014/1/28/5354328/charlie-shrem-resigns-from-the-bitcoin-foundation-after-arrest-bitinstant\|date=January 28, 2014\|accessdate=May 16, 2014}}</ref> Executive chairman Peter Vessenes' business relationship to former board member [[Mark Karpeles]], the former CEO of collapsed Bitcoin exchange [[Mt. Gox]], has been highlighted as inappropriate.<ref name="VW1">{{cite web\|last=Tiku\|first=Nitasha\|title=Whistleblower Threatens to Expose Corruption at Bitcoin Foundation\|website=ValleyWag\|url=http://valleywag.gawker.com/whistleblower-threatens-to-expose-corruption-at-bitcoin-1538965958\|date=March 7, 2014\|accessdate=May 16, 2014}}</ref> The Foundation has also suffered scrutiny and resignations over its hiring of former child star [[Brock Pierce]].<ref name="FReuters1">{{cite web\|last=Menn\|first=Joseph\|title=Bitcoin Foundation hit by resignations over new director\|website= Reuters.com\|url=http://www.reuters.com/article/2014/05/16/us-bitcoin-foundation-resignations-idUSBREA4F02B20140516\|date=May 16, 2014\|accessdate=May 16, 2014}}</ref>

			In November 2014, the Bitcoin Foundation announced that it would seek to wind down its education, outreach and public policy initiatives as it turns its focus to core development. Three surveys conducted earlier by the Bitcoin Foundation suggest that many community members, both inside and outside of the organization, want to see it adopt a stronger focus on bitcoin’s open-source technology development. <ref>{{cite news \| url= http://www.coindesk.com/bitcoin-foundation-shift-core-development/\| title= Bitcoin Foundation Pledges to Focus Solely on Core Development\| accessdate=19 November 2014 \| work= coindesk.com \|first= Stan\|last= Higgins}}</ref> The Bitcoin community itself is divided over the role of the Foundation as a community or industry representative.<ref name="MB1"/> Some libertarian Bitcoin advocates have criticized the organization's strategy of political lobbying and participation with federal regulators.<ref name="MB1"/> In November of 2014, [[Cody Wilson]] announced his run for board seat in the Bitcoin Foundation, stating "I will run on a platform of the complete dissolution of the Bitcoin Foundation and will begin and end every single one of my public statements with that message." <ref>{{cite news \| work=Upstart \| last= del Castillo \| first= Michael \| authorlink=Michael del Castillo \| date=22 December 2014 \| url=http://upstart.bizjournals.com/entrepreneurs/hot-shots/2014/12/22/it-s-official-cody-wilson-is-trying-to-destroy-the.html?page=all \| title=It's official: Cody Wilson is trying to destroy the Bitcoin Foundation from within }}</ref>

			Professor and author [[Mark T. Williams]] criticized the Bitcoin Foundation's priorities, writing in a ''[[Business Insider]]'' editorial that "A Foundation of 'B' players has no business claiming it is a protector of a system that remains vulnerable and untrustworthy."<ref>{{cite news \| work=Business Insider \| last=Williams \| first=Mark T. \| authorlink=Mark T. Williams \| date=25 February 2014 \| url=http://www.businessinsider.com/mark-williams-bitcoin-lehman-brothers-type-event-2014-2 \| title=Mt Gox: The tower of toxic sludge }}</ref>


	==External Links==		==External Links==

Taras at 04:07, 30 July 2015

2015-07-30T04:07:32Z

← Older revision		Revision as of 04:07, 30 July 2015
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	The '''Bitcoin Foundation''' is an American nonprofit corporation. It was founded in September 2012 with the stated mission to "standardize, protect and promote the use of [[Bitcoin]] cryptographic money for the benefit of users worldwide."<ref>{{cite news\|last=Matonis\|first=Jon\|title=Bitcoin Foundation launches to drive bitcoin's advancement\|date=27 September 2012\|url=http://www.forbes.com/sites/jonmatonis/2012/09/27/bitcoin-foundation-launches-to-drive-bitcoins-advancement/\|work=Forbes}}</ref> The organization was modeled on the [[Wikipedia:Linux Foundation\|Linux Foundation]] and is funded mainly through grants made by for-profit companies that depend on the Bitcoin technology.<ref name="Bitcoin Boom">{{cite news \|last=Bustillos \|first=Maria \|title=The bitcoin boom \|url=http://www.newyorker.com/online/blogs/elements/2013/04/the-future-of-bitcoin.html \|work=The New Yorker \|date=2 April 2013 \|accessdate=30 December 2013}}</ref> The Foundation and its leadership have been criticized by the media.<ref name="MB1">{{cite web\|last=Neal\|first=Meghan\|title=Bitcoin is Hiring Lobbyists\|website=Motherboard.com\|url=http://motherboard.vice.com/read/sorry-cypherpunks-bitcoin-is-hiring-political-lobbyists\|date=May ~~12,~~ 2014\|accessdate=May ~~16,~~ 2014}}</ref>		The '''Bitcoin Foundation''' is an American nonprofit corporation. It was founded in September 2012 with the stated mission to "standardize, protect and promote the use of [[Bitcoin]] cryptographic money for the benefit of users worldwide."<ref>{{cite news\|last=Matonis\|first=Jon\|title=Bitcoin Foundation launches to drive bitcoin's advancement\|date=27 September 2012\|url=http://www.forbes.com/sites/jonmatonis/2012/09/27/bitcoin-foundation-launches-to-drive-bitcoins-advancement/\|work=Forbes}}</ref> The organization was modeled on the [[Wikipedia:Linux Foundation\|Linux Foundation]] and is funded mainly through grants made by for-profit companies that depend on the Bitcoin technology.<ref name="Bitcoin Boom">{{cite news \|last=Bustillos \|first=Maria \|title=The bitcoin boom \|url=http://www.newyorker.com/online/blogs/elements/2013/04/the-future-of-bitcoin.html \|work=The New Yorker \|date=2 April 2013 \|accessdate=30 December 2013}}</ref> The Foundation and its leadership have been criticized by the media.<ref name="MB1">{{cite web\|last=Neal\|first=Meghan\|title=Bitcoin is Hiring Lobbyists\|website=Motherboard.com\|url=http://motherboard.vice.com/read/sorry-cypherpunks-bitcoin-is-hiring-political-lobbyists\|date=12 May 2014\|accessdate=16 May 2014}}</ref>

	==History==		==History==
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	The Bitcoin Foundation was announced on September 27, 2012.<ref>{{cite btct\|id=113400\|title=[ANN] Bitcoin Foundation\|date=27 September 2012}}</ref>		The Bitcoin Foundation was announced on September 27, 2012.<ref>{{cite btct\|id=113400\|title=[ANN] Bitcoin Foundation\|date=27 September 2012}}</ref>

	According to its founding documents, the Bitcoin Foundation's original members included [[Gavin Andresen]], [[Charlie Shrem]], [[Mark ~~Karpeles~~]], ~~Peter~~ [[Vessenes]], [[Roger Ver]], and [[Patrick Murck]]. Current board members are divided into one of three categories: Founding Members, Industry Members, and Individual Members. The board is made up of a combination of elected members of the aforementioned categories.[[Gavin Andresen]] is employed by the foundation as "chief scientist."<ref name="Bitcoin Boom" />		According to its founding documents, the Bitcoin Foundation's original members included [[Gavin Andresen]], [[Charlie Shrem]], [[Mark Karpelès]], [[Peter Vessenes]], [[Roger Ver]], and [[Patrick Murck]]. Current board members are divided into one of three categories: Founding Members, Industry Members, and Individual Members. The board is made up of a combination of elected members of the aforementioned categories. [[Gavin Andresen]] is employed by the foundation as "chief scientist."<ref name="Bitcoin Boom" />

	===California DFI error===		===California DFI error===
	In June 2013, the ~~foundation received media attention when it published a letter from the~~ California Department of Financial Institutions requesting that they "cease and desist from conducting the business of money transmission in this state,"<ref name="wired">{{cite news \|url=http://www.wired.com/wiredenterprise/2013/06/california_dfi/ \|first=Robert \|last=McMillan \|date=24 June 2013 \|accessdate=31 December 2013 \|title=California says the Bitcoin Foundation is a money-transferrer \|work=Wired}}</ref> ~~and again when it published their~~ detailed response to the regulators.<ref>{{cite news \|url=http://www.coindesk.com/bitcoin-foundation-issues-response-to-cease-and-desist-warning/ \|title=Bitcoin Foundation issues response to cease and desist warning \|date=3 July 2013 \|accessdate=31 December 2013 \|work=CoinDesk \|first=Emily \|last=Spaven}}</ref> The California DFI ~~had erroneously considered the Bitcoin Foundation to be a money transmitter~~.<ref ~~name~~=~~"wired"~~/>		In June 2013, the [[Wikipedia:California Department of Financial Institutions\|California Department of Financial Institutions]] had erroneously considered the Bitcoin Foundation to be a money transmitter and sent them a letter requesting that they "cease and desist from conducting the business of money transmission in this state,"<ref name="wired">{{cite news \|url=http://www.wired.com/wiredenterprise/2013/06/california_dfi/ \|first=Robert \|last=McMillan \|date=24 June 2013 \|accessdate=31 December 2013 \|title=California says the Bitcoin Foundation is a money-transferrer \|work=Wired}}</ref> which prompted a detailed response to the regulators.<ref>{{cite news \|url=http://www.coindesk.com/bitcoin-foundation-issues-response-to-cease-and-desist-warning/ \|title=Bitcoin Foundation issues response to cease and desist warning \|date=3 July 2013 \|accessdate=31 December 2013 \|work=CoinDesk \|first=Emily \|last=Spaven}}</ref> The California DFI dissolved several days later.<ref>{{Cite web\|title=About Us\|publisher=California Department of Business Oversight\|url=http://www.dbo.ca.gov/About_DBO/default.asp\|accessdate=15 March 2014}}</ref>

	===United States Senate assessment===		===United States Senate assessment===

Taras at 03:58, 30 July 2015

2015-07-30T03:58:38Z

← Older revision		Revision as of 03:58, 30 July 2015
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	===California DFI error===		===California DFI error===
	In June 2013, the foundation received media attention when it published a letter from the California Department of Financial Institutions requesting that they "cease and desist from conducting the business of money transmission in this state,"<ref>{{cite news \|url=http://www.wired.com/wiredenterprise/2013/06/california_dfi/ \|first=Robert \|last=McMillan \|date=24 June 2013 \|accessdate=31 December 2013 \|title=California says the Bitcoin Foundation is a money-transferrer \|work=Wired}}</ref> and again when it published their detailed response to the regulators.<ref>{{cite news \|url=http://www.coindesk.com/bitcoin-foundation-issues-response-to-cease-and-desist-warning/ \|title=Bitcoin Foundation issues response to cease and desist warning \|date=3 July 2013 \|accessdate=31 December 2013 \|work=CoinDesk \|first=Emily \|last=Spaven}}</ref> In November 2013, Patrick Murck, general counsel of the Bitcoin Foundation, testified before a United States Senate committee convened to assess digital currencies, at which the reception of Bitcoin by lawmakers was generally positive.<ref>{{cite news \|url= http://www.washingtonpost.com/business/economy/for-bitcoin-a-successful-charm-offensive-on-the-hill/2013/11/22/000ed4b0-53b1-11e3-a7f0-b790929232e1_story.html \|title= For Bitcoin, a successful charm offensive on the Hill \|date= 23 November 2013 \|accessdate= 24 November 2013 \|first= Timothy \|last= Lee \|work= Washington Post}}</ref>		In June 2013, the foundation received media attention when it published a letter from the California Department of Financial Institutions requesting that they "cease and desist from conducting the business of money transmission in this state,"<ref name="wired">{{cite news \|url=http://www.wired.com/wiredenterprise/2013/06/california_dfi/ \|first=Robert \|last=McMillan \|date=24 June 2013 \|accessdate=31 December 2013 \|title=California says the Bitcoin Foundation is a money-transferrer \|work=Wired}}</ref> and again when it published their detailed response to the regulators.<ref>{{cite news \|url=http://www.coindesk.com/bitcoin-foundation-issues-response-to-cease-and-desist-warning/ \|title=Bitcoin Foundation issues response to cease and desist warning \|date=3 July 2013 \|accessdate=31 December 2013 \|work=CoinDesk \|first=Emily \|last=Spaven}}</ref> The California DFI had erroneously considered the Bitcoin Foundation to be a money transmitter.<ref name="wired"/>

			===United States Senate assessment===
			In November 2013, Patrick Murck, general counsel of the Bitcoin Foundation, testified before a United States Senate committee convened to assess digital currencies, at which the reception of Bitcoin by lawmakers was generally positive.<ref>{{cite news \|url= http://www.washingtonpost.com/business/economy/for-bitcoin-a-successful-charm-offensive-on-the-hill/2013/11/22/000ed4b0-53b1-11e3-a7f0-b790929232e1_story.html \|title= For Bitcoin, a successful charm offensive on the Hill \|date= 23 November 2013 \|accessdate= 24 November 2013 \|first= Timothy \|last= Lee \|work= Washington Post}}</ref>

	==External Links==		==External Links==

Taras at 03:51, 30 July 2015

2015-07-30T03:51:13Z

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	==History==		==History==

	The ~~foundation~~ was announced on September 27, 2012<ref>[http://~~bitcointalk~~.~~org~~/~~index~~.~~php?topic~~=~~113400~~.0 Bitcoin Foundation]</ref>.		The Bitcoin Foundation was announced on September 27, 2012.<ref>{{cite btct\|id=113400\|title=[ANN] Bitcoin Foundation\|date=27 September 2012}}</ref>

			According to its founding documents, the Bitcoin Foundation's original members included [[Gavin Andresen]], [[Charlie Shrem]], [[Mark Karpeles]], Peter [[Vessenes]], [[Roger Ver]], and [[Patrick Murck]]. Current board members are divided into one of three categories: Founding Members, Industry Members, and Individual Members. The board is made up of a combination of elected members of the aforementioned categories.[[Gavin Andresen]] is employed by the foundation as "chief scientist."<ref name="Bitcoin Boom" />

			===California DFI error===
			In June 2013, the foundation received media attention when it published a letter from the California Department of Financial Institutions requesting that they "cease and desist from conducting the business of money transmission in this state,"<ref>{{cite news \|url=http://www.wired.com/wiredenterprise/2013/06/california_dfi/ \|first=Robert \|last=McMillan \|date=24 June 2013 \|accessdate=31 December 2013 \|title=California says the Bitcoin Foundation is a money-transferrer \|work=Wired}}</ref> and again when it published their detailed response to the regulators.<ref>{{cite news \|url=http://www.coindesk.com/bitcoin-foundation-issues-response-to-cease-and-desist-warning/ \|title=Bitcoin Foundation issues response to cease and desist warning \|date=3 July 2013 \|accessdate=31 December 2013 \|work=CoinDesk \|first=Emily \|last=Spaven}}</ref> In November 2013, Patrick Murck, general counsel of the Bitcoin Foundation, testified before a United States Senate committee convened to assess digital currencies, at which the reception of Bitcoin by lawmakers was generally positive.<ref>{{cite news \|url= http://www.washingtonpost.com/business/economy/for-bitcoin-a-successful-charm-offensive-on-the-hill/2013/11/22/000ed4b0-53b1-11e3-a7f0-b790929232e1_story.html \|title= For Bitcoin, a successful charm offensive on the Hill \|date= 23 November 2013 \|accessdate= 24 November 2013 \|first= Timothy \|last= Lee \|work= Washington Post}}</ref>

	==External Links==		==External Links==

Taras at 03:46, 30 July 2015

2015-07-30T03:46:44Z

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	The Bitcoin Foundation ~~standardizes~~, ~~protects~~ and ~~promotes~~ the use of Bitcoin cryptographic money for the benefit of users worldwide.		The '''Bitcoin Foundation''' is an American nonprofit corporation. It was founded in September 2012 with the stated mission to "standardize, protect and promote the use of [[Bitcoin]] cryptographic money for the benefit of users worldwide."<ref>{{cite news\|last=Matonis\|first=Jon\|title=Bitcoin Foundation launches to drive bitcoin's advancement\|date=27 September 2012\|url=http://www.forbes.com/sites/jonmatonis/2012/09/27/bitcoin-foundation-launches-to-drive-bitcoins-advancement/\|work=Forbes}}</ref> The organization was modeled on the [[Wikipedia:Linux Foundation\|Linux Foundation]] and is funded mainly through grants made by for-profit companies that depend on the Bitcoin technology.<ref name="Bitcoin Boom">{{cite news \|last=Bustillos \|first=Maria \|title=The bitcoin boom \|url=http://www.newyorker.com/online/blogs/elements/2013/04/the-future-of-bitcoin.html \|work=The New Yorker \|date=2 April 2013 \|accessdate=30 December 2013}}</ref> The Foundation and its leadership have been criticized by the media.<ref name="MB1">{{cite web\|last=Neal\|first=Meghan\|title=Bitcoin is Hiring Lobbyists\|website=Motherboard.com\|url=http://motherboard.vice.com/read/sorry-cypherpunks-bitcoin-is-hiring-political-lobbyists\|date=May 12, 2014\|accessdate=May 16, 2014}}</ref>
	~~TBF provides forum~~ for ~~members,~~ that ~~has~~ been ~~recently opened~~. It is ~~the place where voting take place~~.

	==History==		==History==

Taras at 02:41, 3 October 2014

2014-10-03T02:41:44Z

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	==References==		==References==
	<references />		<references />
			{{wp\|Bitcoin_Foundation}}

Comodore at 15:58, 18 November 2012

2012-11-18T15:58:34Z

← Older revision		Revision as of 15:58, 18 November 2012
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	The Bitcoin Foundation standardizes, protects and promotes the use of Bitcoin cryptographic money for the benefit of users worldwide.		The Bitcoin Foundation standardizes, protects and promotes the use of Bitcoin cryptographic money for the benefit of users worldwide.
			TBF provides forum for members, that has been recently opened. It is the place where voting take place.

	==History==		==History==