Coinbase Joins Google, Facebook and Yahoo in Internet Association

Coinbase has joined Google, Facebook, Yahoo and many other internet companies as part of the Internet Association (IA), a nonprofit trade group.

The IA is based in DC. Its stated goals are to protect internet freedom, foster innovation and economic growth and empower internet users. Last year, it fought for stronger neutrality rules for the internet, and supported patent reform legislation making it more difficult for patent trolls to sue for patent damages.

With internet freedom, the organization believes that information should be able to flow freely across borders without being impeded by tariffs, unnecessary regulations or government censorship.

John Collins, Coinbase's head of government affairs, said in a statement, "Our vision for Bitcoin Bitcoin While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that While some may still be wondering what is Bitcoin, who created Bitcoin, or how does Bitcoin work, one thing is certain: Bitcoin has changed the world.No one can remain indifferent to this revolutionary, decentralized, digital asset nor to its blockchain technology.In fact, we’ve gone a long way ever since a Florida resident Laszlo Hanyecz made BTC’s first official commercial transaction with a real company by trading 10,000 Bitcoins for 2 pizzas at his local Papa John’s.One could now argue that Read this Term as a free and open, global Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term system aligns with IA's own commitment to online freedom and innovation, and we look forward to furthering that mission as a member."

Internet Association head Michael Beckerman welcomed Coinbase to the association and pointed to their track record of expansion and innovation, calling them a leader in the field of digital currency.