Bitcoin Association, an industry organization that advances Bitcoin SV, announced today that it had become a non-profit association (Verein) in Switzerland. The association supports Bitcoin Satoshi Vision (BSV) as it is the only project adhering to Bitcoin creator Satoshi Nakamoto’s original protocol, design, and vision for Bitcoin, to become a peer-to-peer electronic cash system and global data ledger for enterprise.
The initial Voting Members of the new Association are CoinGeek, entrepreneur Calvin Ayre’s multi-faceted Bitcoin mining, media, and investment business; nChain, a blockchain technology company; TAAL Distributed Information Technologies, Inc., a publicly-traded Canadian company involved in blockchain transaction processing (mining) and infrastructure; and Jimmy Nguyen, global advocate for Bitcoin SV and the Association’s Founding President.
The Bitcoin Association said that under its previous structure, it grew to approximately 1500 members from over 65 countries. Members include enterprises, start-up ventures, developers, merchants, exchanges, service providers, blockchain transaction processors (miners), and others in the Bitcoin SV ecosystem.
According to the announcement, the new association will transition to a new membership structure, with Voting Members, Non-Voting Members, and Affiliates, in order to better serve the different interests across its broad range of constituents. Information about participation options for 2020, which will serve as a transitional year, as well as details about future years, will be communicated to all members of the previous organization structure.
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Ideal base: Switzerland
“Switzerland is an ideal base for our global association, as we lead the maturation of the entire Bitcoin industry and significantly increase our international activities to advance Bitcoin SV. We also expect more exciting BSV developments to happen in Switzerland as a result of this move,” Bitcoin Association’s Founding President Jimmy Nguyen said.
The association’s efforts are truly global. The organization has built an international team, including staff in Australia, China, Japan, Singapore, the United States, and the United Kingdom.
They are supported by Bitcoin Association Global Ambassadors in Argentina, Brazil, China, Israel, Germany, and numerous other countries.
To further accelerate BSV’s growth, the Bitcoin Association has an ambitious agenda for 2020 and beyond.