A while ago, Bitcoin fans from all around the world looked up to the Bitcoin Foundation, due to their positive influence on the market. However, things changed as time passed, and now, it looks like the Foundation might be close to dying out.

According to Olivier Janssens, one of the latest additions to the Foundation’s board, he was removed from the board by force, after the latest board meeting, when he proposed a couple of measures that would encourage an increase in the Foundation’s income in the long term. His tenure ended after members voted for him to be removed, following his motion meant to encourage the Foundation to come up with a business plan, prior to engaging into yet another funding process.

The Bitcoin Foundation, represents an interesting, American, non-profit organization that has been formed in order to promote the use of bitcoin in areas from all around the world, but also to come up with solutions meant improve the currency, and its future.

Recent reports indicate that not long ago, the Bitcoin Foundation has announced that the organization refuses to join a strategic partnership with the U.S. National Security Agency (NSA), the Transportation Security Administration (TSA) and the Immigration Department.