Can the Bitcoin Foundation build legitimacy for an outlaw currency?

theverge.com 01 Oct '12, 4pm

Can the Bitcoin Foundation build legitimacy for an outlaw currency?

Some of the biggest names in the world of Bitcoin, the unregulated virtual currency with a small but devoted user base, are looking to give it a friendlier public face. Announced last week, the Bitcoin Foundation — which counts lead developer Gavin Andresen and Mt. Gox CEO Mark Karpeles among its board members — is meant to do for Bitcoin what the Linux Foundation has helped do for open source software, paying selected developers for full-time work and nailing down best practices. In a letter of intent, Executive Director Peter Vessenes said he hoped the Foundation could legitimize Bitcoin through standardization — a legitimacy that’s sorely needed now. "If US economic history says anything, it’s that people will invest in things that seem too good to be true." In late August, virtual hedge fund Bitcoin Savings & Trust shut down , leaving investors unpaid despite allegedly...

Full article: http://www.theverge.com/2012/10/1/3436984/bitcoin-foundat...

Tweets

@markdavidlamb » 04 Oct '12, 12am
Legitimacy is definitely needed! #bitcoin, @bitrific [link]
@Pyramining » 03 Oct '12, 11pm
Bitcoin is an outlaw currency that wants to fly! [link] #btc #bitcoin Mine some bitcoins! https://t.co/qWCe1fy2
@neo8506 » 02 Oct '12, 12am
เขาแน่จริงๆ/Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link] via @verge
@Maxito_Videla » 01 Oct '12, 11pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link] vía @verge #Bitcoin
@BitcoinByte » 01 Oct '12, 11pm
...Vessenes...could "confirm that Satoshi is a Founding Member" of the Foundation, though he didn’t disclose who he was [link]
@chaykak » 01 Oct '12, 8pm
RT @adrjeffries: RT @adrjeffries: Can the Bitcoin Foundation build legitimacy for an outlaw currency? by @thedextriarchy [link]
@tigerbalsam1 » 01 Oct '12, 6pm
RT @JackalAnon: RT @JackalAnon: Can the Bitcoin Foundation build legitimacy for an outlaw currency? | [link] | #YAN
@peachstoli » 01 Oct '12, 6pm
HacKer CuTeDeviL: Can the Bitcoin Foundation build legitimacy for an outlaw currency? | [link] | #YAN - [link]
@adanielroth » 01 Oct '12, 6pm
RT @YourAnonNews: RT @YourAnonNews: Can the Bitcoin Foundation build legitimacy for an outlaw currency? | [link] | #YAN
@JackalAnon » 01 Oct '12, 6pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? | [link] | #YAN
@zpower » 01 Oct '12, 4pm
great reporting from @thedextriarchy: Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link] via @verge
@iphoneappspro » 01 Oct '12, 4pm
#tech #apps #iphone Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@psdwordpress » 01 Oct '12, 4pm
#wordpress Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@HapticProject » 01 Oct '12, 4pm
#TheHapticProject Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link] @verge
@siaxcomputing » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency?: Some of the biggest names in the world of B... [link]
@FintechBot » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link] by @Verge #FinTech
@OnlireeksTech » 01 Oct '12, 4pm
#Tech Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link] #Onlireeks
@TechManics » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link] via @theverge
@geekstove » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link] #tech #IT #fb #geek
@japestinho » 01 Oct '12, 4pm
RT @verge: RT @verge: Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@technologiz » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency?: Some of the biggest names... [link] #technology #geek
@USAgadgetnews » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link] #Gadget #News
@kavngal » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@mobinauten » 01 Oct '12, 5pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@MrSaiborg » 01 Oct '12, 5pm
RT @verge: RT @verge: Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@madhill » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? | The Verge [link]
@injvstice » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency?: Some of the biggest names in the world of... [link]
@kelvw » 01 Oct '12, 4pm
RT @verge: RT @verge: Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@mervinchew » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@BlackGedheZ » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@OliviaGuberman » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@amaeteumanah » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@TheApple_FanBoy » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@nsisongeffiong » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@nswint » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@psaget » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@kavngal » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@aStyrofoamKrump » 01 Oct '12, 4pm
RT @verge: RT @verge: Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@verge » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? [link]
@iamKyleFox » 01 Oct '12, 4pm
Can the Bitcoin Foundation build legitimacy for an outlaw currency? >> [link]