Bitcoin Foundation in Texas is a 501(c)3 nonprofit organization. The organization was launched to fund and disseminate interdisciplinary research and education about the social and economic impacts of Bitcoin.
Bitcoin Foundation – Shared Record of Buildable Knowledge
The Texas Bitcoin Foundation is really nonpartisan and does not, in fact, engage in political advocacy. It does support political candidates. It does, rather, focus on building a sharing record of buildable knowledge in history. In fact, there is political theory, the social sciences, computer science plus other disciplines. It will partner with education institutions, think tanks, research labs, and independent scholars. Moreover, this is to fund the ongoing program of research that does touch on the future of human civilization.
Moreover, the Foundation does ensure that the new generations of Texas do have their choice. This of educational and career pathways to further build out the cryptocurrency ecosystem. In fact, this helps to generate an economic opportunity for Texas. Moreover, the main pillar which is the objective is to support a robust Bitcoin open-source developer. This is in Texas and beyond that state.
Founding Board of the Foundation
Actually, the Founding Board of the Texas Bitcoin Foundation does include Natalie Smolenski. She is the chairman of the Board of the Texas Blockchain Council; Lee Bratcher is the Founder and President of the Texas Blockchain Council; Joseph Kelly is the Co-founder and CEO of Unchained Capital; Tuur Demeester is the Founder of Adamant Capital; Avik Roy is the Founder and President of the Foundation for Research on Equal Opportunity (FREOPP). Dan Hughes is the Founder of the Learning Machine.
Natalie Smolenski did explain the rationale behind its creation. She is the founder and Executive Director of the Texas Bitcoin Foundation. Smolenski said: “The global adoption of Nakamoto consensus (Proof of Work) offers the extreme implications for the future of capitalism. Plus, the nation-state, democratic governance, next-generation energy generation and distribution, financial inclusion, and many other social issues. In order to ensure that our responses to Bitcoin as a society generate human flourishing. There are larger questions must be addressed in a rigorous, scientific way.”