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Has the Bitcoin Foundation Run Out of Cash?
itwbennett writes The Bitcoin Foundation, an organization that promotes development of bitcoin, is 'effectively bankrupt' and has shed most of its staff, according to Olivier Janssens, a member of the foundation's board of directors. Janssens attributed the foundation's financial straits to two years of 'ridiculous spending and poorly thought out decisions,' adding that the board has tried to remedy the situation by finding a new executive director. Two other board members, however, said the foundation was not bankrupt, though in need of some kind of restructuring.
Ironic, that the Bitcoin "foundation" is funded with real money while it promotes its fake coins!
The closest Bitcoin will every get to 1,000,000 is 1,000,000 BTC to $1.