binance left Coinmarketcap net_left adver left
Detail

Jack Dorsey Leads the Charge to Launch a Bitcoin Defense Fund: Who is it For?

Former Twitter (NYSE:TWTR) boss and strong supporter of Bitcoin, Jack Dorsey, Alex Morcos of Chaincode Labs, Martin White, an academic at the University of Sussex, have...
Jack Dorsey Leads the Charge to Launch a Bitcoin Defense Fund: Who is it For? Jack Dorsey Leads the Charge to Launch a Bitcoin Defense Fund: Who is it For?

Former Twitter (NYSE:TWTR) boss and strong supporter of Bitcoin, Jack Dorsey, Alex Morcos of Chaincode Labs, Martin White, an academic at the University of Sussex, have announced a “Bitcoin Legal Defense Fund.”

In an email announcement sent to Bitcoin developers on January 12, Dorsey explained that the initiative is for Bitcoin developers who are “especially susceptible to legal pressure.”

He explains that it is a free and voluntary option for developers who wish to take advantage of the initiative. An excerpt from the proposal reads;

“The main purpose of this Fund is to defend developers from lawsuits regarding their activities in the Bitcoin ecosystem, including finding and retaining defense counsel, developing litigation strategy, and paying legal bills.”

The Fund will start with Bitcoin developers being charged by Tulip Trading Limited over an alleged “breach of fiduciary duty.” According to Dorsey, the Fund will coordinate the existing defense of the Tulip Trading lawsuit.

The Bitcoin Legal Defense Fund Board

The Fund is a non-profit entity, and Dorsey, Morcos, and White form the Bitcoin Legal Defense Fund Board. The board will help defend developers against legal disputes and provide funding for outside counsel.

In addition, the board will be responsible for determining which lawsuits and defendants it will help defend. Now in its early stages, the Fund will employ the services of volunteer and part-time lawyers.

On the Flipside

  • Regardless of its advancement over the years, Bitcoin continues to face criticism regarding its energy usage.

Why You Should Care

The Fund looks to allow developers with legal disputes to continue their work in the open-source Bitcoin community.

EMAIL NEWSLETTER

Join to get the flipside of crypto

Upgrade your inbox and get our DailyCoin editors’ picks 1x a week delivered straight to your inbox.

[contact-form-7] You can always unsubscribe with just 1 click.

Continue reading on DailyCoin

ig right nyse right Neteller adver right
APPROVED BROKERS
rakuten_main right top net_home_top ig_main right top Binance _ main right top fbs_main right top tifia_main right top
24-01-2022 04:57:55 (UTC+7)

EUR/USD

1.1328

-0.0013 (-0.11%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (6)

EUR/USD

1.1328

-0.0013 (-0.11%)

Summary

↑ Sell

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (2)

Sell (6)

GBP/USD

1.3527

-0.0027 (-0.20%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (10)

USD/JPY

113.60

-0.09 (-0.07%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (10)

Sell (1)

AUD/USD

0.7153

-0.0030 (-0.42%)

Summary

Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (1)

Sell (5)

USD/CAD

1.2600

+0.0019 (+0.15%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

EUR/JPY

128.65

-0.26 (-0.20%)

Summary

Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (4)

Sell (0)

EUR/CHF

1.0324

-0.0009 (-0.09%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (6)

Sell (1)

Gold Futures

1,841.95

+10.15 (+0.55%)

Summary

↑ Sell

Moving Avg:

Buy (3)

Sell (9)

Indicators:

Buy (0)

Sell (9)

Silver Futures

24.255

-0.065 (-0.27%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (8)

Copper Futures

4.4660

-0.0580 (-1.28%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (8)

Crude Oil WTI Futures

85.33

+0.19 (+0.22%)

Summary

Neutral

Moving Avg:

Buy (4)

Sell (8)

Indicators:

Buy (6)

Sell (2)

Brent Oil Futures

87.31

+0.23 (+0.26%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (8)

Sell (1)

Natural Gas Futures

3.737

-0.045 (-1.19%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (1)

Sell (7)

US Coffee C Futures

235.88

-1.57 (-0.66%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (7)

Sell (2)

Euro Stoxx 50

4,170.45

-59.11 (-1.40%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

S&P 500

4,397.93

-84.80 (-1.89%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (9)

DAX

15,430.71

-173.17 (-1.11%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (8)

FTSE 100

7,447.71

-46.42 (-0.62%)

Summary

↑ Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (6)

Sell (2)

Hang Seng

24,656.46

-309.09 (-1.24%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (5)

Sell (1)

US Small Cap 2000

1,987.92

-36.12 (-1.78%)

Summary

Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (5)

Sell (3)

IBEX 35

8,602.50

-92.20 (-1.06%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (7)

BASF SE NA O.N.

65.580

-0.600 (-0.91%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (10)

Sell (0)

Bayer AG NA

51.28

-0.34 (-0.66%)

Summary

Buy

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (6)

Sell (1)

Allianz SE VNA O.N.

220.88

-0.82 (-0.37%)

Summary

Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (4)

Sell (4)

Adidas AG

247.07

-3.53 (-1.41%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (4)

Sell (2)

Deutsche Lufthansa AG

6.776

-0.133 (-1.93%)

Summary

Neutral

Moving Avg:

Buy (6)

Sell (6)

Indicators:

Buy (1)

Sell (5)

Siemens AG Class N

143.02

-1.50 (-1.04%)

Summary

Buy

Moving Avg:

Buy (7)

Sell (5)

Indicators:

Buy (5)

Sell (3)

Deutsche Bank AG

11.222

-0.256 (-2.23%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (6)

 EUR/USD1.1328↑ Sell
 GBP/USD1.3527↑ Sell
 USD/JPY113.60Buy
 AUD/USD0.7153Sell
 USD/CAD1.2600↑ Buy
 EUR/JPY128.65Buy
 EUR/CHF1.0324↑ Buy
 Gold1,841.95↑ Sell
 Silver24.255↑ Sell
 Copper4.4660↑ Sell
 Crude Oil WTI85.33Neutral
 Brent Oil87.31↑ Sell
 Natural Gas3.737↑ Sell
 US Coffee C235.88Neutral
 Euro Stoxx 504,170.45↑ Sell
 S&P 5004,397.93↑ Sell
 DAX15,430.71↑ Sell
 FTSE 1007,447.71↑ Buy
 Hang Seng24,656.46↑ Buy
 Small Cap 20001,987.92Buy
 IBEX 358,602.50↑ Sell
 BASF65.580↑ Buy
 Bayer51.28Buy
 Allianz220.88Sell
 Adidas247.07Buy
 Lufthansa6.776Neutral
 Siemens AG143.02Buy
 Deutsche Bank AG11.222↑ Sell
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank6,170/ 6,210
(50/ 50) # 1,151
SJC HCM6,150/ 6,210
(27/ 17) # 1,150
SJC Hanoi6,150/ 6,212
(27/ 17) # 1,152
SJC Danang6,150/ 6,212
(27/ 17) # 1,152
SJC Nhatrang6,150/ 6,212
(27/ 17) # 1,152
SJC Cantho6,150/ 6,212
(27/ 17) # 1,152
Cập nhật 24-01-2022 04:57:57
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,841.12+6.490.35%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2486025350
RON 95-II,III
E5 RON 92-II2359024060
DO 0.05S1890019270
DO 0,001S-V1925019630
Dầu hỏa1779018140
ↂ Giá dầu thô thế giới
WTI$85.34-0.56-0.65%
Brent$88.14-0.46-0.52%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.500,0022.810,00
EUR25.000,4426.401,93
GBP29.901,5831.178,49
JPY193,25204,57
KRW16,4019,98
Cập nhật lúc 16:51:39 24/01/2022
Xem bảng tỷ giá hối đoái
binance main right Fxpro Main Right aetos main right adver main right