Brock Pierce Elected Bitcoin Foundation Board Chairman
Venture capitalist Brock Pierce has been named chairman of the board of directors at the Bitcoin Foundation, the digital currency's oldest trade organisation. Pierce was elected to the position by a 3-0 vote Tuesday, with board member Olivier Janssens abstaining. The 34-year-old was nominated by board member and BTC China CEO Bobby Lee, with whom Pierce was elected to the foundation in May of 2014. In interview, Pierce indicated that his role will now be to work with newly appointed executive director Bruce Fenton as he shapes the nonprofit's 2015 strategy and works to create consensus on....
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Brock Pierce is now the Bitcoin Foundation President. The Bitcoin entrepreneur and venture capitalist has been elected as Chairman of the Board of the Bitcoin Foundation. Elected by a 3-0-1 vote, Pierce will now be succeeding Peter Veseness, the former Chairman. The Bitcoin Foundation is a non-profit organization and the role of Chairman along with the other Board members is an unpaid position. Broke Pierce thankfully accepted the position and immediately gave an insight of what were his intentions for the Bitcoin Foundation. "I wish to thank the industry members that elected me to the....
Recently elected Bitcoin Foundation director Brock Pierce has dismissed allegations made by detractors in a new letter addressed to the other members of the organization's board of directors. He wrote in the letter, obtained by The Wall Street Journal, that he regretted the furore created following his election, but stated that he would not step down from the Bitcoin Foundation board. Brock said further that resigning in the wake of "hateful and uninformed chatter on bitcoin forums" would not be "rational, prudent or warranted". Brock added that such an act would be detrimental to the....
Article updated to show that Peter Vessenes disputes the foundation's claim that it's owed expenses from him. Bitcoin Foundation chairman Brock Pierce. The Bitcoin Foundation will soon run out of funds, the foundation's board was told at a meeting on 20th October. The meeting's minutes, published yesterday, show that board chairman Brock Pierce opened the event with the declaration that the Foundation is "close to running out of money". Further disclosures during the meeting show that it is struggling to generate significant revenue. Its last event, the third instalment of its DevCore....
On May 9th, the Bitcoin Foundation (TBF) announced election results for two new board members to replace Charlie Schrem and Mark Karpeles. Only 102 Bitcoin Foundation members were eligible to vote, of those 31 abstained. Bobby Lee, head of BTC China, was brought on board with 79% approval. Also elected, with 65% approval, was KnCMiner.com co-founder, Brock Pierce. KnCMiner is currently the sole purchaser of TBF's $100,000 platinum membership. As per TBF's announcement, Pierce co-founded three other Bitcoin companies and "angel-invests" in Bitcoin startups. Conspicuously unannounced was....
The Wall Street Journal is reporting that Brock Pierce, the new industry seat of the Bitcoin Foundation's Board of Director elected to fill the vacated spot previously held by Mark Karpeles, has responded to criticism that he has faced since joining the board at the Bitcoin Foundation. To catch you up to speed, Brock Pierce is a Disney child actor turned entrepreneur. His most recent venture has been to become Co-Founder of KnCMiner.cn. The reasons for the controversy over his appointment are his past ventures in the dotcom bubble, a class-action lawsuit from the Blizzard gaming community....