final days of the Bitcoin Foundation?

Bitcoin is weathering changing fortunes better than the foundation set-up to promote it.

Bitcoin is weathering changing fortunes better than the foundation set-up to promote it. Photo: Chris Ratcliffe

Bruce Fenton, executive director at the Bitcoin Foundation, opened its December 15 board meeting with a sense of urgency.

“We need additional funds if we wish to retain employees.”

The numbers didn’t look good. In two years, the foundation had seen at least $US7 million evaporate. As of November 30, its total assets stood at $US12,553.06.

To sustain the Bitcoin Foundation’s operations, which have

Read more ... source: TheBitcoinNews

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