At just five years old, from lone hackers to entire governments, Bitcoin continues to turn heads around the world. From mainstream Overstock.com becoming the world’s largest online retailer to accept Bitcoin and surpass US$1,000,000 in sales within three months, the significant price volatility and to the release of Bitcoin Core 0.9.0 and 0.9.1, we are officially experiencing growing pains.
In the midst of all the excitement and noise, experienced, reliable investors and entrepreneurs are busy building the infrastructure for the long-term sustainability of this digital ecosystem. This last quarter alone, Circle received an additional $17 million in funding, Coinplug released their first bitcoin mobile apps in Korea, and popular digital wallets Coinbase and Blockchain surpassed 1 million and 1.5 million consumer wallets respectively.
At the other end of the spectrum, foundation board members and staff were present at over forty conferences worldwide in industries ranging from investors, technologists, lawmakers and regulators, to financial technology professionals throughout the U.S. and in countries such as Italy, Singapore, and Spain, educating and promoting Bitcoin adoption to an audience of over 100,000 strong.
It’s well known that one out of ten traditional businesses fail — in this nascent and highly skilled and regulated economy, we can expect the same. However, one thing is certain — Bitcoin is maturing. And come what may, Bitcoin marches on.
How do you not miss the boat? Join us in Amsterdam 15-17 May for #Bitcoin2014. Not just because the leading minds in Bitcoin will be there, but because this is where synergy happens and ideas take flight. We’ve but scratched the tip of the iceberg on Bitcoin’s true social and economic potential — for global financial inclusion, improved financial privacy, enhanced personal liberty and dignity, and a stable money supply for people in countries where monetary instability may threaten prosperity and even peace.
If you’re a member, you won’t want to miss our annual meeting, taking place Sat, 17 May at #Bitcoin2014. We originally said 4pm, but it is now taking place at 5:30pm, after the closing session. Foundation Chairman Peter Vessenes will be leading an open dialogue on our vision, mission and values, as outlined in his annual letter. As mentioned in his letter, our efforts for improved transparency have included making forums read-only for non-members and the posting of Board meeting minutes within 60 days. For those interested, our nonprofit financial filings are also publicly available on an annual basis and due each May 15th (IRS Form 990).
New to conference this year is our International Affiliate Summit, a gathering for those that have already expressed interested in leading local foundation chapters, taking place 15 May starting at 9am and concluding at 1pm. We’re excited to have Canada and Australia on board and looking forward to making a few more announcements in the coming weeks!
Lastly, we’ve published the conference schedule and are co-hosts with Blockchain.info for the first annual Blockchain Awards, recognizing exceptional talent and achievement in the Bitcoin community. Don’t forget to nominate your top picks for our ten categories of achievement. The winner of each category will be announced at the awards ceremony on Fri, 16 May and receive 1 BTC from Blockchain.info.
Thank you for your continued support and see you in Amsterdam for #Bitcoin2014!
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