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." The organization was modeled on the Linux Foundation and is funded mainly through grants made by for-profit companies that depend on the Bitcoin technology. The Foundation and its leadership have been criticized by the media.
The foundation was announced on September 27, 2012.
- BitcoinFoundation.org website
- Matonis, Jon (27 September 2012). "Bitcoin Foundation launches to drive bitcoin's advancement". Forbes. http://www.forbes.com/sites/jonmatonis/2012/09/27/bitcoin-foundation-launches-to-drive-bitcoins-advancement/.
- Bustillos, Maria (2 April 2013). "The bitcoin boom". The New Yorker. http://www.newyorker.com/online/blogs/elements/2013/04/the-future-of-bitcoin.html. Retrieved 30 December 2013.
- Neal, Meghan (May 12, 2014). "Bitcoin is Hiring Lobbyists". http://motherboard.vice.com/read/sorry-cypherpunks-bitcoin-is-hiring-political-lobbyists. Retrieved May 16, 2014.
- Bitcoin Foundation