Bitcoin Foundation vows to clean up currency's bad rep

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. The Bitcoin Foundation is the brainchild of Gavin Andresen, who says he modeled it after the Linux Foundation, the non-profit organization that "promotes, protects, and advances" the open source OS. "As the Bitcoin economy has evolved, we have all noticed barriers to its widespread adoption – botnets that attempt to undermine the network, hackers that threaten wallets, and an undeserved reputation stirred by ignorance and inaccurate reporting," reads a statement on the Foundation's website. Just how it plans to mitigate those threats, however, is not entirely clear. Bitcoin-mining botnets are big business for fraudsters. Most recently, Sophos estimated that the ZeroAccess botnet could potentially bring in ...

Full article: http://www.theregister.co.uk/2012/09/29/bitcoin_foundatio...

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@MiquelVillanue » 03 Oct '12, 9am
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@ToddingtonInt » 03 Oct '12, 9am
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Bitcoin Foundation vows to clean up currency's bad rep [link] | The Register
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Bitcoin Foundation vows to clean up currency's bad rep: 'Bitcoin don't get no respect!' Tired of bad press, Bitc... [link]
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Bitcoin Foundation vows to clean up currency's bad rep: 'Bitcoin don't get no respect!' Tired of bad press, Bitc... [link]