Published on September 2nd, 2015 | by bitcoin0
BitPay Tells Industry It’s Time to Form ‘Bitcoin Association’
Sonny Singh, chief commercial officer at BitPay, told IBTimes: “I think a problem Bitcoin faces is that the largest companies – Coinbase, BitPay, Circle, Xapo – they should all kind of work together and talk more among each other.”
This was not an official announcement, more an over-lunch lamentation about the highly competitive and secretive approach taken by industry players, arguably hindering Bitcoin’s progress.
The top companies could put some of that money together and pay for a little marketing for Bitcoin itself.
“Not marketing for their company, but marketing about Bitcoin: ‘Why a normal person would use bitcoin, how it can be used.’
BitPay is known for its track record of innovations and open source projects involving Bitcoin.