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Bitcoin Association
Bitcoin Association


2020 05 01


Bitcoin Association

Bitcoin Association, the global industry organization that advances Bitcoin SV, has become a non-profit association (Verein) in Switzerland (Bitcoin Association for BSV, operating as Bitcoin Association). The Association supports Bitcoin Satoshi Vision (BSV) because 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.

Find out what the organization change means for existing members of the prior organizational structure (which operated more informally under an Antiguan entity).

Why was the new Swiss association formed?

It’s time for Bitcoin to grow up. The industry, business ecosystem, technology development and regulatory oversight need to mature. This also means Bitcoin Association must take its next steps forward towards its maturity. Switzerland is a renowned global capital for finance, technology and digital currency; it 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 expect more exciting BSV developments to happen in Switzerland.

The new Association is governed by laws applicable to other prominent global non-profit industry organizations, such as the FIFA governing sports body. It therefore intends to use this platform as a way to provide a high-level of professionalism to the BSV ecosystem.

Furthermore, interest in Bitcoin Association has rapidly grown as Bitcoin SV has captured the digital currency spotlight. The BSV blockchain has seen application development explode globally as developers and businesses make use of its greater scaling, data and micropayments capacities. Growing usage has led BSV’s network transactions and average block size block counts to regularly surpass BTC and even surpass the Ethereum network on some days. Given the growing interest and increasingly diverse cross-section of companies and people who want to become members, it is time to bring a higher degree of formality to our Association, plan a revenue-generating path that will require membership fees, while also creating more categories for companies and individuals at all levels to participate.

These are the initial members of the new Association – who are all instrumental in the initial development and growth of Bitcoin SV and its ecosystem:

  • nChain – the leading global blockchain technology company;
  • CoinGeek – entrepreneur Calvin Ayre’s multi-faceted Bitcoin mining, media and investment business;
  • TAAL Distributed Information Technologies, Inc. (“TAAL”) – the publicly-traded Canadian company involved in blockchain transaction processing and infrastructure. Stefan Matthews is the Chairman of TAAL. Mr. Matthews, in his individual capacity, was a founding member who helped create the new Association; he has since withdrawn as an individual member and TAAL became an initial corporate member in his place.
  • Jimmy Nguyen, in his individual capacity. Mr. Nguyen is a global advocate for Bitcoin SV and the Founding President of the Bitcoin Association.

nChain, CoinGeek, TAAL and Jimmy Nguyen are now the Voting Members of the new Association.

The new Association’s initial Executive Committee consists of:

  • President Jimmy Nguyen
  • Vice President Steve Shadders (CTO of nChain)
  • Calvin Ayre (Founder of CoinGeek)
  • Stefan Matthews (Chairman of TAAL)
  • Jodok Wicki, a partner at the CMS von Erlach Poncet Ltd. law firm in Zurich, Switzerland and outside counsel to the Bitcoin Association.

The initial Executive Committee has rolling terms, with 2 members appointed to 3-year terms, 2 members appointed to 4-year terms, and the initial President (Nguyen) appointed to a 5-year term. Beginning in the 3rd year (2022) of the Swiss entity’s life, Voting Members of the Association will be able to vote on Executive Committee appointments, beginning with 2 seats to take effect 2023, 2 seats to take effect in 2024, and another seat to take effect in 2025.


To further accelerate BSV’s growth, Bitcoin Association has an ambitious agenda for 2020 and beyond. This includes work to:

  • support BSV infrastructure projects – such as the Bitcoin SV Node team and the BSV Scaling Test Network
  • provide industry leadership for standards setting with its new Technical Standards Committee
  • host Bitcoin SV conferences and programs – such as its October 2019 “Bitcoin for Business” event in Tokyo, Japan, December 2019 “BSV China” conference in Beijing, China, and March 2020 “Bitcoin SV: The Blockchain for Business” conference in Ljubljana, Slovenia
  • launch developer training curriculum and programs across the world – including two major Bitcoin SV Developer Conferences (“BSV DevCons”) in San Francisco, USA and Shanghai, China (subject to change due to the COVID-19 pandemic)
  • support developer bootcamps and workshops – as it has done with DotCamp for BSV in China, CambrianSV in Bali, Indonesia and Lisbon, Portugal, and a Metanet workshop in Berlin, Germany
  • host more “BSV Venture Pitch Days” (following events in Seoul, South Korea and London, UK) to give start-up entrepreneurs the opportunity to pitch to investors for venture capital
  • educate enterprises on why BSV is the best blockchain for business use
  • continue outreach and support to transaction processing (mining) pools, wallets, exchanges, and service providers to build the BSV business ecosystem
  • support meetups and activities of Bitcoin SV supporters in many countries globally
  • conduct global media work in multiple languages to educate the finance, technology and business sectors about BSV
  • partner with universities and student organizations on BSV educational programs – such as its sponsorship of the Cambridge University Metanet Society
  • provide student support, such as with its “Satoshi Nakamoto” scholarship to a PhD student at Cambridge University
  • educate worldwide government bodies and advocate for policies that encourage responsible usage of Bitcoin and blockchain technology.

Bitcoin Association’s efforts are truly global. To carry out its work, the organization has built an international team, including staff from Australia, China, Japan, New Zealand, Singapore, Switzerland, United States, and United Kingdom. They are supported by Bitcoin Association Global Ambassadors in Argentina, Australia, Brazil, China, Germany, Israel, Japan, Netherlands, Panama, Russia and CIS region, the Scandinavia region, Slovenia, South Africa, South Korea, Spain, and the United States.

If you are a business or developer interested in Bitcoin SV, join the new Bitcoin Association and participate in building the future of Bitcoin and blockchain. We welcome participation by anyone interested in Bitcoin SV, even if you also support or work on other blockchain or digital currency projects.


2020 05 01

What do you think?

Written by Ramon Quesada

Passionate about Blockchain & Bitcoin technology since 2013, Co- Founder of, Team Manager in the CoinTelegraph Spain franchise (2016-2017 years) Co. Organizer of the Blockchain Boot camp Valencia 2018, Co. Organizer of the mini Hackathon BitcoinSV Barcelona, in August 2019, current coordinator of the BSV Valencia Meetup.


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