14 Apr '15, 3am

The #Bitcoin Foundation has been fighting against the PR storm, and have appointed a

The newly appointed head of the Bitcoin Foundation, a group that promotes development of the digital currency, believes crowdfunding is one part of the solution for its troubled finances. A one-time Morgan Stanley stockbroker, investment advisor Bruce Fenton was appointed executive director based on a vote of five ayes to one abstention by the group’s board of directors, the foundation wrote on its blog . He replaces Patrick Murck, who was interim executive director. The move follows an admission by the foundation that it faces large financial problems linked to the drop in the value of its bitcoin holdings . It rejected board member Olivier Janssens’ claim that it is effectively bankrupt . “I’m confident that we can run a lean and effective foundation and run at a budget surplus by using our resources carefully,” Fenton said via email, adding he has not had a chance to re...

Full article: http://www.pcworld.com/article/2909712/new-bitcoin-founda...

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New Bitcoin Foundation chief eyes crowdfunding

pcworld.com 14 Apr '15, 3am

The newly appointed head of the Bitcoin Foundation, a group that promotes development of the digital currency, believes cr...

New Bitcoin Foundation Executive Director Bruce...

bitcoinmagazine.com 14 Apr '15, 12am

In a vote consisting of five ayes and one abstention, the Bitcoin Foundation Board has elected lifetime member Bruce Fento...

New Bitcoin Foundation Director Bruce Fenton Pledges Fiscal Reform

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