Culture · September 27, 2012
Bitcoin Foundation established
Price at event
$12
Today
$61,577
Since then
×4,966
Gavin Andresen, Jon Matonis, Charlie Shrem, and others form the first formal Bitcoin advocacy org. Funded by the community; later collapses in financial mismanagement and political infighting. The lesson — Bitcoin doesn't need a foundation — is now folklore.
⸺ Sources ⸺