2012-09-29 theregister.co.uk - Bitcoin Foundation vows to clean up currency's ba

[julz]

Bitcoin Foundation vows to clean up currency's bad rep
'Bitcoin don't get no respect!'

Neil McAllister
2012-09-29

http://www.theregister.co.uk/2012/09/29/bitcoin_foundation_launched/

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Tired of bad press, Bitcoin advocates have launched a new foundation aimed at both promoting the electronic currency and funding infrastructure to maintain its momentum.
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Stories of hacks and heists have dogged the digital currency since its inception, too.
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In addition, one of the Foundation's immediate goals is to raise money to provide a salary and some budget for Andresen, who so far has been working as the lead developer of the core Bitcoin software without any compensation.
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[alexanderanon]

Bad press? Get the mop!

[adamstgBit]

To that end, the Foundation is offering memberships at various levels. Premier Industry Memberships go for 10,000 Bitcoins per year ($124,000), and Bitcoin exchange Mt. Gox has already signed on. The Foundation has also signed up BitInstant and CoinLab for Industry memberships, which go for 2,500 Bitcoins per year ($31,000).

Nice!