29 Sep '12, 12am

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...

Tweets

Questions about Bitcoin Foundation? reddit AMA ...

reddit.com 28 Sep '12, 4pm

I like to make a comparison between traditional credit/debit card processing and Bitcoin for this one, since it's one of t...

New Bitcoin Foundation aims to bring legitimacy...

geekwire.com 27 Sep '12, 2pm

I think they’re missing a couple of somethings in their list of challenges. First, explaining what problem BitCoin really ...

Bitcoin Foundation launched

h-online.com 27 Sep '12, 4pm

Gavin Andresen, lead developer for the Bitcoin open source distributed currency, has announced the formation of the Bitcoi...

Bitcoin makes bid for respect with new foundation

arstechnica.com 28 Sep '12, 1pm

One of the traditional strengths of Bitcoin, the peer-to-peer cryptocurrency , has been its decentralization. Because no o...

Bitcoin Foundation Promises to Protect and Prom...

news.softpedia.com 29 Sep '12, 9am

In the past months, the digital currency known as Bitcoin has encountered a lot of issues, many of them caused by botnets,...

Bitcoin Boosters Form Foundation to Advance Dig...

bitcoin.fibershift.com 28 Sep '12, 10pm

Bitcoin Boosters Form Foundation to Advance Digital Currency American Banker (subscription) A group of entrepreneurs, advi...

Bitcoin Foundation Launches To Drive Bitcoin's ...

I am an e-Money researcher and crypto economist focused on expanding the circulation of nonpolitical digital currencies. M...

Bitcoin Foundation Launches to ‘Standardize, Pr...

betabeat.com 27 Sep '12, 6pm

Of course, the Linux Foundation is about promoting an operating system that has been largely marginalized, whereas the Bit...

Bitcoin Foundation Launches To Drive Bitcoin's ...

forbes.com 27 Sep '12, 11am

Several months in the making, the Bitcoin Foundation launches this week to accelerate the global growth of bitcoin through...

IAM Peter Vessenes, Executive Director of the B...

adf.ly 28 Sep '12, 3pm

To be able to view this link, please enable JavaScript in your Internet browser. Please click on one of the following link...

Can the Bitcoin Foundation build legitimacy for an outlaw currency?

Can the Bitcoin Foundation build legitimacy for...

theverge.com 01 Oct '12, 4pm

Some of the biggest names in the world of Bitcoin, the unregulated virtual currency with a small but devoted user base, ar...

Bitcoin Foundation seeks stable ground for virtual currency - Network World

Bitcoin Foundation seeks stable ground for virt...

networkworld.com 01 Oct '12, 3am

A foundation has been established to create a more solid footing for Bitcoin, the virtual currency admired for its technic...

BitCoin Legal Issues #bitcoin

bitcointalk.org 30 Sep '12, 11pm

Hello everyone. I am a law student in the United States, and I work on my school's Law Review, which is an academic legal ...

Bitcoin Foundation hopes to revive reputation o...

guardian.co.uk 03 Oct '12, 2pm

It was an idea that first emerged at the end of the heyday of cyber-utopianism: Bitcoin , the virtual and universal curren...

Bitcoin Foundation hopes to revive reputation o...

guardian.co.uk 03 Oct '12, 2pm

It was an idea that first emerged at the end of the heyday of cyber-utopianism: Bitcoin , the virtual and universal curren...