Nonprofit structures (like signal) make a ton of sense for #Bitcoin too. There are very, very few, especially focused on tools and development. Or where let’s say a bitcoin privacy enhancing tool is legally set up as nonprofit. That should happen ASAP. nostr:note1za3vh9e0ncas5239gd38hhfpj9u5wwkzgeyu0dn4j3jut6asdyqsek7gkl
Have you heard of the Bitcoin Foundation… complete failure.
Yes 100% But I’m saying an individual entity or project as a company. Like a lighting wallet, but set up as a nonprofit (again, see signal’s structure) So not a foundation for bitcoin itself. But entities like @OpenSats and what you all are doing at HRF as well as individual bitcoin tools/projects, so they get needed revenue to operator, but can remove the transactions/for profit structure. Just a thought. Also kind of like fediment, right? That’s a great example I think