Review packet v0.1, October 12, 2026
BSV USA Association
First drafts for review. Nothing here has been decided or adopted.
What we ask of you
- Find your name.
Pick it under "Show what is mine" below. The page narrows to the documents and the questions that are yours.
- Read your documents.
Each one opens with the decisions it needs from you and shows its reading time. Read them in the order listed.
- Answer by number.
Reply in the group chat by the week of Oct 19 with the document and the decision number, for example "Bylaws D12: yes, but 21 days". A short answer is a good answer.
Show what is mine
175 open decisions across 15 documents. Pick your name above to see only yours.
| BSV Esq. formation counsel | 111 |
|---|---|
| GloboSphere review counsel | 114 |
| OldCraig finance | 17 |
| Gavin market access and counsel liaison | 43 |
| Nancy founder, outreach | 124 |
| John director | 133 |
BSV Esq., formation counsel: 8 documents to read, 111 open decisions for you. Open a document to answer in context, or see them as one table.
Start here: what this site is and how to use it3 decisions · 4 min
Articles of Incorporation, State Choice and Post-Filing Checklist14 decisions · 15 min
- D1State. BSV Esq., do you agree with Missouri? If not, which state, and why?
- D2Name. Is "BSV USA Association" the name we file? The Oct 9 analysis suggested a name without "BSV" because of the Vanguard ticker overlap and brand questions. Should we search name availability and any trademark issue before filing?
- D3Line of business. Does the purposes clause in Article 8 describe a "line of business" the IRS will accept, rather than the promotion of one product? Should it be wider, for example businesses building on public blockchains that follow the original Bitcoin protocol, with BSV named as the main one?
- D4Mutual or public benefit. Should dissolution allow a 501(c)(6) recipient (mutual benefit) or only 501(c)(3) recipients (public benefit)? Which reads better to a US institution doing diligence?
- D5Initial directors. Who are directors 2 and 3? Do they consent to being named in a public filing? Should any initial director be independent of the founders?
- D6Political activity. Do we keep the total ban on campaign activity in Article 10(c), or follow the narrower federal limit?
- D7No-litigation clause. Does Article 10(e) belong in the charter, in the bylaws, or in a board policy? Is the wording too broad or too narrow?
- D8Supermajority. Do we keep the two-thirds rule in Article 15 for changes to purposes, dissolution and limits on activities?
- D9Liability. Is Article 12 the right way to limit director liability under Missouri law? Do we need directors and officers insurance before we file?
- D10Registered agent. Who serves as registered agent in Missouri, at what street address? Is a paid agent worth the cost, or can a volunteer serve?
- D11Incorporator. John signs as incorporator. Is anything else needed from him, such as a resolution handing control to the board?
- D12Filing method and time. Can Missouri nonprofit articles be filed online, and how long does the office take now?
- D13Timing of Form 1024. Do we file soon after formation, or first adopt bylaws, policies and a budget and run for a few months so the application has a real record?
- D14Other states. Where will the Association have its principal office, and which other states must it register in?
Bylaws of the BSV USA Association54 decisions · 32 min
- D1Which state should the Association incorporate in? (Earlier analysis suggested Florida.) Does that state's nonprofit statute allow everything here, including electronic and secret ballots, members acting by electronic ballot without a meeting, and Board Members acting by electronic consent?
- D2Is "BSV USA Association" the legal name, or should the legal name differ from the public name?
- D3Is it workable to call the chief executive "Director" and the board seats "Board Members," or should the title become "Executive Director"?
- D4Should the Director be a voting member of the board (Section 4.2)?
- D5Should board seats and offices be limited to US citizens or residents (Sections 2.1 and 4.3)?
- D6Can a Business Member's representative also be a Voting Member, or is that a back door to extra influence (Section 2.2(c))?
- D7How should full identity verification work: the Committee reviewing documents in confidence, or a third-party provider? What do we keep, and when do we delete it (Sections 2.4(b) and 9.5)?
- D8X is the only identity platform named. Should members be able to verify another way if they have no X account or lose it?
- D9What should the dues cap be for individuals and for Business Members? Should General membership be free (Section 2.5)?
- D10How many days' notice before nonpayment moves a member to inactive status (Section 2.5)?
- D11How long do Voting Members have to complete annual confirmation (Section 2.7)?
- D12What are the response, appeal and interim suspension periods in Section 2.8: 15, 30 and 45 days?
- D13Is an Appeals Panel drawn by lot from Voting Members the right independent appeal, or should it be an outside person?
- D14Which month for the annual meeting (Section 3.1)?
- D15What share of Voting Members can call a special meeting: 10 percent (Section 3.2)?
- D16Should recorded X Spaces count as meetings of members when no vote is taken (Section 3.3)?
- D17What notice periods: 14 to 60 days for meetings, 30 days for amendments and dissolution (Section 3.4)?
- D18What record date window: up to 60 days (Section 3.5)?
- D19What quorum for ordinary votes (10 percent) and for Supermajority votes (33 percent) (Section 3.6)?
- D20Should ballots be secret with a verifiable receipt, or open and signed (Section 3.7(c))?
- D21How long should a ballot stay open (7 days) and how soon must results be Anchored (3 days) (Section 3.7)?
- D22How many inspectors per vote: two (Section 3.10)?
- D23What Lock amount and term should the board set for the first election? Should the bylaws set a floor or a ceiling (Section 4.3(5))?
- D24How long before an election must the Lock terms be fixed: 90 days (Section 4.3(5))?
- D25Should there be term limits, such as three consecutive terms (Section 4.4)?
- D26Should no more than two Board Members come from the same organization (Section 4.4)?
- D27Should elections use plurality voting for open seats, or another method? How are ties broken (Section 4.5(c))?
- D28What election timeline: call 45 days before, candidate list 21 days before voting (Section 4.5)?
- D29How soon after the Registry is in service must the first election happen: six months (Section 4.6)?
- D30What vote removes a Board Member: two-thirds of members, two-thirds of the board (Section 4.8)? How many missed meetings count?
- D31How often should the board meet: monthly the first year, then quarterly? How many Board Members can call a special meeting, and on what notice (Section 4.10)?
- D32Should board action without a meeting need all Board Members, or a smaller share if state law allows (Section 4.12)?
- D33One-year officer terms (Section 5.3)?
- D34Must officers be Voting Members during the transition, when there are none yet (Section 5.2)?
- D35Is the Founding Advisor role scoped correctly, and should it be indemnified (Sections 5.7 and 10.4)?
- D36During the transition, may the Governance and Review Committee be filled by fully verified General Members (Section 6.4(a))?
- D37What term for elected Committee members: two years (Section 6.4(d))?
- D38Fiscal year: calendar year (Section 7.1)?
- D39What budget overrun needs a board vote: 10 percent per category (Section 7.2)?
- D40Monthly statement deadline: 15 days (Section 7.3)?
- D41Two-signature threshold: $1,000 (Section 7.4)?
- D42How should any digital assets the Association owns be controlled: two-of-three multi-signature (Section 7.4)?
- D43Donation cap: $25,000 or 20 percent of prior-year revenue, whichever is greater? Should larger gifts be allowed with a published board vote and no conditions (Section 7.5(a))?
- D44Anonymous donation ceiling ($250) and the threshold for naming donors ($1,000) (Section 7.5(b))?
- D45At what revenue level should an independent review or audit start: $100,000 (Section 7.7)?
- D46Is the carve-out in Section 8.2 (self-defense, lawful process, regulator complaints) right, or too broad?
- D47Is the wording of Section 8.5 on automated agents clear enough to follow in practice?
- D48Minutes deadline: 7 days for drafts (Section 9.1)?
- D49Is logging exchange and custodian contacts in the claims ledger acceptable to those firms, with the confidential option (Section 9.3)?
- D50Should identity documents be deleted after verification, or kept for a set period (Section 9.5)?
- D51What share of Voting Members can propose an amendment (5 percent) or petition for dissolution (10 percent) (Sections 11.1 and 12.1)?
- D52Is directors and officers insurance a day-one cost or a later one (Section 10.3)?
- D53What is the deadline to hold the first election if the Registry is not ready: nine months (Section 13.2)?
- D54Should the bylaws name the initial Director, or leave it to the first board's resolution (Section 13.3)?
Antitrust Policy10 decisions · 11 min
- D1Is the list of forbidden topics in section 3 complete for a group that includes exchanges, miners and custodians? Should mining (hashrate allocation, pool fees, block-size or fee policies set by miners) get its own subsection?
- D2Should the ban on "coordinated pressure campaigns" be narrower, so it does not chill lawful petitioning or honest demand counting? Where exactly should the line sit between counting demand and organizing pressure?
- D3Should the BSV trading and price item stay in this policy, or move to a separate market-conduct or securities policy?
- D4Which counsel will attend meetings on request, and who pays if outside counsel is needed? Can a volunteer attorney serve in that role, or do we need counsel admitted in the state of formation?
- D5Do we need a separate standards-development policy, or is section 4 enough for now?
- D6How should we handle the antitrust reminder in a live X Space, where listeners join late? Is a pinned post enough?
- D7Is the group-chat moderation rule (one warning, then removal) the right enforcement step, or should removal go to the board?
- D8Should the claims ledger's contact log be public, or kept internal and shown to counsel and the board only?
- D9Should this policy be adopted by the board at the organizational meeting, before any member recruitment or venue contact in the association's name?
- D10Which state's law should we check for state antitrust rules beyond the federal baseline, once the state of formation is chosen?
Conflict of Interest Policy11 decisions · 10 min
- D1What should the BSV holdings threshold be, and should it be a dollar amount, a coin amount, or a share of the person's net worth?
- D2Should the published summary of each director's interests name employers, or only categories?
- D3Does the recusal rule in section 5 (holding BSV alone is not a conflict) hold up for a 501(c)(6) whose purpose is to help one asset?
- D4Does the state we choose for formation let a conflicted director count toward quorum? What does its nonprofit statute require for interested-director transactions?
- D5Is written disclosure of the founder's identity to the board and counsel enough, or should one named officer or counsel hold the only record? How should that record be stored?
- D6Does the founder's employer need to approve the founder's role, and should the board require written confirmation that it has?
- D7If the board-seat BSV lock is adopted, what amount and duration are fair, and does public disclosure of lock transaction IDs create security or privacy risks for directors?
- D8Should paid advocates be barred from office entirely, or only required to disclose?
- D9Should the policy cover regular Space co-hosts and chat moderators, who are not officers but speak for the group?
- D10What gift limit is right, and should it apply to travel paid by exchanges or conference organizers?
- D11Who receives violation reports when the person accused is the Director or the founder?
Membership Registry and Voting System2 decisions · 22 min
Data room index9 decisions · 14 min
- D1Do the organizers accept these six documents and the proposed owner assignments?
- D2What appointment and signing records will support John's Director role and Nancy's responsibilities?
- D3Which counsel will review documents 3 to 5, and what client, scope, and sharing terms should the engagement cover?
- D4Can the litigation paragraph be supported by records, and who may sign it?
- D5Which formation, funding, membership, and poll records can be supplied or publicly summarized?
- D6Who will independently review John's monitor, incident history, integration package, and deposit guidance?
- D7Which Fireblocks product and jurisdictions must be confirmed, and which custody provider can meet the receiving venue's needs?
- D8Do reviewers accept the counting method and the rule that agents count only and never message exchanges?
- D9What evidence closes each release gap, and which verified venue should receive the first completed packet?
Comment of the BSV USA Association (in formation) on GENIUS Act Regulations on Payment Stablecoin Issuance, Offer, and Sale8 decisions · 8 min
- D1File at all, and under what name? The association is "in formation." Do we file as the association, or as John individually on behalf of the organizers? (BSV Esq.)
- D2Entity status line. Should "Who we are" state plainly that no legal entity exists yet and no bylaws or officers have been adopted? We have not confirmed any formation step, so the draft makes no such claim either way.
- D3Question 73. Support a de minimis safe harbor, oppose one, or stay silent?
- D4Question 52 detail. Are we comfortable describing where lawful order functions "can live" on UTXO chains? Someone technical should confirm the wording before we offer documentation to Treasury.
- D5Reorganization history. BSV had reorganization attacks in August 2021. Do we mention that history, and what changed since, to get ahead of it? Or do we leave it for the technical documentation?
- D6Scope. Do we add a sentence that our positions also apply to the Federal Reserve's GENIUS Act proposals (Docket R-1899 and R-1900, comments due November 30, 2026), or save them for a separate comment?
- D7Contact details. Treasury asks for name, organization, address, email, and telephone, all public. Which address and email go on the public record?
- D8Signer and title. Confirm John signs as "Director." Confirm that no other person, including the host of the association's Spaces, is named.
GloboSphere, review counsel: 8 documents to read, 114 open decisions for you. Open a document to answer in context, or see them as one table.
Start here: what this site is and how to use it3 decisions · 4 min
Articles of Incorporation, State Choice and Post-Filing Checklist13 decisions · 15 min
- D2Name. Is "BSV USA Association" the name we file? The Oct 9 analysis suggested a name without "BSV" because of the Vanguard ticker overlap and brand questions. Should we search name availability and any trademark issue before filing?
- D3Line of business. Does the purposes clause in Article 8 describe a "line of business" the IRS will accept, rather than the promotion of one product? Should it be wider, for example businesses building on public blockchains that follow the original Bitcoin protocol, with BSV named as the main one?
- D4Mutual or public benefit. Should dissolution allow a 501(c)(6) recipient (mutual benefit) or only 501(c)(3) recipients (public benefit)? Which reads better to a US institution doing diligence?
- D5Initial directors. Who are directors 2 and 3? Do they consent to being named in a public filing? Should any initial director be independent of the founders?
- D6Political activity. Do we keep the total ban on campaign activity in Article 10(c), or follow the narrower federal limit?
- D7No-litigation clause. Does Article 10(e) belong in the charter, in the bylaws, or in a board policy? Is the wording too broad or too narrow?
- D8Supermajority. Do we keep the two-thirds rule in Article 15 for changes to purposes, dissolution and limits on activities?
- D9Liability. Is Article 12 the right way to limit director liability under Missouri law? Do we need directors and officers insurance before we file?
- D10Registered agent. Who serves as registered agent in Missouri, at what street address? Is a paid agent worth the cost, or can a volunteer serve?
- D11Incorporator. John signs as incorporator. Is anything else needed from him, such as a resolution handing control to the board?
- D12Filing method and time. Can Missouri nonprofit articles be filed online, and how long does the office take now?
- D13Timing of Form 1024. Do we file soon after formation, or first adopt bylaws, policies and a budget and run for a few months so the application has a real record?
- D14Other states. Where will the Association have its principal office, and which other states must it register in?
Bylaws of the BSV USA Association54 decisions · 32 min
- D1Which state should the Association incorporate in? (Earlier analysis suggested Florida.) Does that state's nonprofit statute allow everything here, including electronic and secret ballots, members acting by electronic ballot without a meeting, and Board Members acting by electronic consent?
- D2Is "BSV USA Association" the legal name, or should the legal name differ from the public name?
- D3Is it workable to call the chief executive "Director" and the board seats "Board Members," or should the title become "Executive Director"?
- D4Should the Director be a voting member of the board (Section 4.2)?
- D5Should board seats and offices be limited to US citizens or residents (Sections 2.1 and 4.3)?
- D6Can a Business Member's representative also be a Voting Member, or is that a back door to extra influence (Section 2.2(c))?
- D7How should full identity verification work: the Committee reviewing documents in confidence, or a third-party provider? What do we keep, and when do we delete it (Sections 2.4(b) and 9.5)?
- D8X is the only identity platform named. Should members be able to verify another way if they have no X account or lose it?
- D9What should the dues cap be for individuals and for Business Members? Should General membership be free (Section 2.5)?
- D10How many days' notice before nonpayment moves a member to inactive status (Section 2.5)?
- D11How long do Voting Members have to complete annual confirmation (Section 2.7)?
- D12What are the response, appeal and interim suspension periods in Section 2.8: 15, 30 and 45 days?
- D13Is an Appeals Panel drawn by lot from Voting Members the right independent appeal, or should it be an outside person?
- D14Which month for the annual meeting (Section 3.1)?
- D15What share of Voting Members can call a special meeting: 10 percent (Section 3.2)?
- D16Should recorded X Spaces count as meetings of members when no vote is taken (Section 3.3)?
- D17What notice periods: 14 to 60 days for meetings, 30 days for amendments and dissolution (Section 3.4)?
- D18What record date window: up to 60 days (Section 3.5)?
- D19What quorum for ordinary votes (10 percent) and for Supermajority votes (33 percent) (Section 3.6)?
- D20Should ballots be secret with a verifiable receipt, or open and signed (Section 3.7(c))?
- D21How long should a ballot stay open (7 days) and how soon must results be Anchored (3 days) (Section 3.7)?
- D22How many inspectors per vote: two (Section 3.10)?
- D23What Lock amount and term should the board set for the first election? Should the bylaws set a floor or a ceiling (Section 4.3(5))?
- D24How long before an election must the Lock terms be fixed: 90 days (Section 4.3(5))?
- D25Should there be term limits, such as three consecutive terms (Section 4.4)?
- D26Should no more than two Board Members come from the same organization (Section 4.4)?
- D27Should elections use plurality voting for open seats, or another method? How are ties broken (Section 4.5(c))?
- D28What election timeline: call 45 days before, candidate list 21 days before voting (Section 4.5)?
- D29How soon after the Registry is in service must the first election happen: six months (Section 4.6)?
- D30What vote removes a Board Member: two-thirds of members, two-thirds of the board (Section 4.8)? How many missed meetings count?
- D31How often should the board meet: monthly the first year, then quarterly? How many Board Members can call a special meeting, and on what notice (Section 4.10)?
- D32Should board action without a meeting need all Board Members, or a smaller share if state law allows (Section 4.12)?
- D33One-year officer terms (Section 5.3)?
- D34Must officers be Voting Members during the transition, when there are none yet (Section 5.2)?
- D35Is the Founding Advisor role scoped correctly, and should it be indemnified (Sections 5.7 and 10.4)?
- D36During the transition, may the Governance and Review Committee be filled by fully verified General Members (Section 6.4(a))?
- D37What term for elected Committee members: two years (Section 6.4(d))?
- D38Fiscal year: calendar year (Section 7.1)?
- D39What budget overrun needs a board vote: 10 percent per category (Section 7.2)?
- D40Monthly statement deadline: 15 days (Section 7.3)?
- D41Two-signature threshold: $1,000 (Section 7.4)?
- D42How should any digital assets the Association owns be controlled: two-of-three multi-signature (Section 7.4)?
- D43Donation cap: $25,000 or 20 percent of prior-year revenue, whichever is greater? Should larger gifts be allowed with a published board vote and no conditions (Section 7.5(a))?
- D44Anonymous donation ceiling ($250) and the threshold for naming donors ($1,000) (Section 7.5(b))?
- D45At what revenue level should an independent review or audit start: $100,000 (Section 7.7)?
- D46Is the carve-out in Section 8.2 (self-defense, lawful process, regulator complaints) right, or too broad?
- D47Is the wording of Section 8.5 on automated agents clear enough to follow in practice?
- D48Minutes deadline: 7 days for drafts (Section 9.1)?
- D49Is logging exchange and custodian contacts in the claims ledger acceptable to those firms, with the confidential option (Section 9.3)?
- D50Should identity documents be deleted after verification, or kept for a set period (Section 9.5)?
- D51What share of Voting Members can propose an amendment (5 percent) or petition for dissolution (10 percent) (Sections 11.1 and 12.1)?
- D52Is directors and officers insurance a day-one cost or a later one (Section 10.3)?
- D53What is the deadline to hold the first election if the Registry is not ready: nine months (Section 13.2)?
- D54Should the bylaws name the initial Director, or leave it to the first board's resolution (Section 13.3)?
Antitrust Policy10 decisions · 11 min
- D1Is the list of forbidden topics in section 3 complete for a group that includes exchanges, miners and custodians? Should mining (hashrate allocation, pool fees, block-size or fee policies set by miners) get its own subsection?
- D2Should the ban on "coordinated pressure campaigns" be narrower, so it does not chill lawful petitioning or honest demand counting? Where exactly should the line sit between counting demand and organizing pressure?
- D3Should the BSV trading and price item stay in this policy, or move to a separate market-conduct or securities policy?
- D4Which counsel will attend meetings on request, and who pays if outside counsel is needed? Can a volunteer attorney serve in that role, or do we need counsel admitted in the state of formation?
- D5Do we need a separate standards-development policy, or is section 4 enough for now?
- D6How should we handle the antitrust reminder in a live X Space, where listeners join late? Is a pinned post enough?
- D7Is the group-chat moderation rule (one warning, then removal) the right enforcement step, or should removal go to the board?
- D8Should the claims ledger's contact log be public, or kept internal and shown to counsel and the board only?
- D9Should this policy be adopted by the board at the organizational meeting, before any member recruitment or venue contact in the association's name?
- D10Which state's law should we check for state antitrust rules beyond the federal baseline, once the state of formation is chosen?
Conflict of Interest Policy11 decisions · 10 min
- D1What should the BSV holdings threshold be, and should it be a dollar amount, a coin amount, or a share of the person's net worth?
- D2Should the published summary of each director's interests name employers, or only categories?
- D3Does the recusal rule in section 5 (holding BSV alone is not a conflict) hold up for a 501(c)(6) whose purpose is to help one asset?
- D4Does the state we choose for formation let a conflicted director count toward quorum? What does its nonprofit statute require for interested-director transactions?
- D5Is written disclosure of the founder's identity to the board and counsel enough, or should one named officer or counsel hold the only record? How should that record be stored?
- D6Does the founder's employer need to approve the founder's role, and should the board require written confirmation that it has?
- D7If the board-seat BSV lock is adopted, what amount and duration are fair, and does public disclosure of lock transaction IDs create security or privacy risks for directors?
- D8Should paid advocates be barred from office entirely, or only required to disclose?
- D9Should the policy cover regular Space co-hosts and chat moderators, who are not officers but speak for the group?
- D10What gift limit is right, and should it apply to travel paid by exchanges or conference organizers?
- D11Who receives violation reports when the person accused is the Director or the founder?
Membership Registry and Voting System7 decisions · 22 min
- D1Should the association be a formal nonprofit corporation, and if so in which state? State nonprofit law may set rules on member voting, records, and ballots that this design must follow. (GloboSphere)
- D2Does an open, signed ballot for board elections meet the law of that state, or must director elections be secret? (GloboSphere)
- D3Is it lawful and wise to keep legal names for voting members only? Do we need any ID check beyond a name? (GloboSphere, BSV Esq.)
- D4Does anything in the lock design, the badge, or director eligibility create a securities, money transmission, or custody question? (GloboSphere, BSV Esq.)
- D9Which votes must be secret, and who serves as the independent inspector? (Organizers, GloboSphere)
- D12Should there be membership dues? If so, how do we make sure dues never affect voting? (Organizers, GloboSphere)
- D15What data retention periods fit the law and our record-keeping duties? (GloboSphere)
Data room index9 decisions · 14 min
- D1Do the organizers accept these six documents and the proposed owner assignments?
- D2What appointment and signing records will support John's Director role and Nancy's responsibilities?
- D3Which counsel will review documents 3 to 5, and what client, scope, and sharing terms should the engagement cover?
- D4Can the litigation paragraph be supported by records, and who may sign it?
- D5Which formation, funding, membership, and poll records can be supplied or publicly summarized?
- D6Who will independently review John's monitor, incident history, integration package, and deposit guidance?
- D7Which Fireblocks product and jurisdictions must be confirmed, and which custody provider can meet the receiving venue's needs?
- D8Do reviewers accept the counting method and the rule that agents count only and never message exchanges?
- D9What evidence closes each release gap, and which verified venue should receive the first completed packet?
Comment of the BSV USA Association (in formation) on GENIUS Act Regulations on Payment Stablecoin Issuance, Offer, and Sale7 decisions · 8 min
- D2Entity status line. Should "Who we are" state plainly that no legal entity exists yet and no bylaws or officers have been adopted? We have not confirmed any formation step, so the draft makes no such claim either way.
- D3Question 73. Support a de minimis safe harbor, oppose one, or stay silent?
- D4Question 52 detail. Are we comfortable describing where lawful order functions "can live" on UTXO chains? Someone technical should confirm the wording before we offer documentation to Treasury.
- D5Reorganization history. BSV had reorganization attacks in August 2021. Do we mention that history, and what changed since, to get ahead of it? Or do we leave it for the technical documentation?
- D6Scope. Do we add a sentence that our positions also apply to the Federal Reserve's GENIUS Act proposals (Docket R-1899 and R-1900, comments due November 30, 2026), or save them for a separate comment?
- D7Contact details. Treasury asks for name, organization, address, email, and telephone, all public. Which address and email go on the public record?
- D8Signer and title. Confirm John signs as "Director." Confirm that no other person, including the host of the association's Spaces, is named.
OldCraig, finance: 3 documents to read, 17 open decisions for you. Open a document to answer in context, or see them as one table.
Start here: what this site is and how to use it3 decisions · 4 min
Articles of Incorporation, State Choice and Post-Filing Checklist1 decision · 15 min
- D15Missouri tax items. OldCraig, which Missouri tax or registration steps apply to a 501(c)(6) with dues income?
First-Year Budget and Finance Plan13 decisions · 14 min
- D1Is $2,186 to $14,488 a realistic operating range? Which lines are missing or wrong?
- D2Should the paid legal opinion be budgeted now, or only raised for if the volunteer route fails? Who decides that, and by when?
- D3Are the dues levels ($50, $250, $1,000, capped at $1,000) right? How should "small business" be defined?
- D4Is a $5,000 per-donor cap and a 20% concentration limit right for year one, when the budget is small and one donor could exceed 20% fast?
- D5Is $250 the right line for anonymous gifts?
- D6BSV: named custodian, immediate conversion, or USD only until one exists in writing?
- D7Are $500 (two signatures) and $5,000 (board vote) the right thresholds?
- D8Who should be Treasurer? Should the CPA reviewer stay independent of that role?
- D9Is D&O insurance worth buying in year one?
- D10Which state? Does the state change any line above?
- D11Should we file Form 1024 at all in year one, or operate first and file once there is a record? (A 501(c)(6) is not required to file it, but the determination letter helps with institutional due diligence.)
- D12Is it right to refuse money from any exchange, market maker or listing service we are asking for a decision?
- D13Is the "funding secured" rule in 3.5 strict enough?
Gavin, market access and counsel liaison: 6 documents to read, 43 open decisions for you. Open a document to answer in context, or see them as one table.
Start here: what this site is and how to use it3 decisions · 4 min
Claims ledger9 decisions · 30 min
- D1Will the organizers adopt the rule that nothing is said publicly until it sits in the data room with evidence?
- D2Do Nancy, John, and the proposed independent reviewer accept their maintenance and review roles?
- D3Which formation documents, signatures, funding records, and membership rules can now be supplied or publicly summarized?
- D4Who will authenticate the Stripe, Visa, tagged Fink-account, and Robinhood claims, and by what deadline?
- D5Which unsupported claims should Nancy expressly withdraw or correct, with what public wording?
- D6Who will retain qualified counsel and confirm that Gavin is described accurately?
- D7Do reviewers accept the weekly Space procedure and the proposed month-end cutoff?
- D8Who will hold the publishing authority, preserve snapshots, and approve any future BSV fee budget?
- D9Where will the public snapshots, evidence summaries, change log, and anchor receipts be hosted?
Technical program for a US listing11 decisions · 25 min
- D1Is "about $300 a month" the figure we use in the budget for the listening node, with $250 as the target once the write optimization lands?
- D2Do we start with the watcher tier (about $25 a month) and add full validation later, or go straight to M1?
- D3Where should the monitor's second and third observation points come from, and is anyone willing to host one?
- D4Who is the named backup to John for alerts and for "who answers the phone"?
- D5For the node package, do we start with Teranode, SV-node, or both? Who funds the reference instance, and from which budget line?
- D6Should the reorg monitor and the confirmation guidance be public from day one, or shown to one exchange first?
- D7Where does the M2 UTXO snapshot come from, and should the association make that request?
- D8Do we want an independent technical reviewer for Document 1, and who would be credible to a US listing team?
- D9Do we archive the whole chain in R2 ($128 to $192 a month) or stay pruned?
- D10What monthly ceiling triggers the fallback if chain volume, and the node's bill, rises?
- D11Is the conformance badge part of the association's packet, or does it stay John's own program that the packet cites?
Confirmation-depth guidance9 decisions · 18 min
- D1The tolerance R. Is one dollar of expected loss per deposit the right default, or should tiers use fixed probabilities instead?
- D2The default q. Should q be the larger of the measured top-miner share and 30 percent, or should the floor be higher given section 2.5?
- D3The 50 and 60 percent columns. These are policy, not formula. Are 144 and 288 blocks with caps defensible for the small tiers, or should we recommend a full halt at 50 percent and above?
- D4Halt defaults. N = 2 blocks, T = 30 minutes, stale after 120 minutes, a 10-point share shift, 25 percent unknown share. Tune now or after the monitor has three months of data?
- D5The hashrate figure. Replace the third-party 185 to 245 PH/s with the monitor's own estimate before this goes to any venue? We recommend yes.
- D6The 2021 depth dispute. About 100 blocks (CoinDesk, citing a researcher) against 14 (Coin Metrics). Who checks this against block data, and by when?
- D7The endpoint shape. Is the
/api/confirmationsrequest and response in section 5.3 what the monitor should build? Should it also accept a list of amounts in one call? - D8Independent reviewer. Who reviews the model and the tables before this is shown to any exchange? No one is appointed.
- D9Publication. Does this go on the public site as a draft now, or only after the monitor has data and a reviewer has signed off?
Data room index9 decisions · 14 min
- D1Do the organizers accept these six documents and the proposed owner assignments?
- D2What appointment and signing records will support John's Director role and Nancy's responsibilities?
- D3Which counsel will review documents 3 to 5, and what client, scope, and sharing terms should the engagement cover?
- D4Can the litigation paragraph be supported by records, and who may sign it?
- D5Which formation, funding, membership, and poll records can be supplied or publicly summarized?
- D6Who will independently review John's monitor, incident history, integration package, and deposit guidance?
- D7Which Fireblocks product and jurisdictions must be confirmed, and which custody provider can meet the receiving venue's needs?
- D8Do reviewers accept the counting method and the rule that agents count only and never message exchanges?
- D9What evidence closes each release gap, and which verified venue should receive the first completed packet?
Nancy, founder, outreach: 11 documents to read, 124 open decisions for you. Open a document to answer in context, or see them as one table.
Start here: what this site is and how to use it3 decisions · 4 min
Bylaws of the BSV USA Association54 decisions · 32 min
- D1Which state should the Association incorporate in? (Earlier analysis suggested Florida.) Does that state's nonprofit statute allow everything here, including electronic and secret ballots, members acting by electronic ballot without a meeting, and Board Members acting by electronic consent?
- D2Is "BSV USA Association" the legal name, or should the legal name differ from the public name?
- D3Is it workable to call the chief executive "Director" and the board seats "Board Members," or should the title become "Executive Director"?
- D4Should the Director be a voting member of the board (Section 4.2)?
- D5Should board seats and offices be limited to US citizens or residents (Sections 2.1 and 4.3)?
- D6Can a Business Member's representative also be a Voting Member, or is that a back door to extra influence (Section 2.2(c))?
- D7How should full identity verification work: the Committee reviewing documents in confidence, or a third-party provider? What do we keep, and when do we delete it (Sections 2.4(b) and 9.5)?
- D8X is the only identity platform named. Should members be able to verify another way if they have no X account or lose it?
- D9What should the dues cap be for individuals and for Business Members? Should General membership be free (Section 2.5)?
- D10How many days' notice before nonpayment moves a member to inactive status (Section 2.5)?
- D11How long do Voting Members have to complete annual confirmation (Section 2.7)?
- D12What are the response, appeal and interim suspension periods in Section 2.8: 15, 30 and 45 days?
- D13Is an Appeals Panel drawn by lot from Voting Members the right independent appeal, or should it be an outside person?
- D14Which month for the annual meeting (Section 3.1)?
- D15What share of Voting Members can call a special meeting: 10 percent (Section 3.2)?
- D16Should recorded X Spaces count as meetings of members when no vote is taken (Section 3.3)?
- D17What notice periods: 14 to 60 days for meetings, 30 days for amendments and dissolution (Section 3.4)?
- D18What record date window: up to 60 days (Section 3.5)?
- D19What quorum for ordinary votes (10 percent) and for Supermajority votes (33 percent) (Section 3.6)?
- D20Should ballots be secret with a verifiable receipt, or open and signed (Section 3.7(c))?
- D21How long should a ballot stay open (7 days) and how soon must results be Anchored (3 days) (Section 3.7)?
- D22How many inspectors per vote: two (Section 3.10)?
- D23What Lock amount and term should the board set for the first election? Should the bylaws set a floor or a ceiling (Section 4.3(5))?
- D24How long before an election must the Lock terms be fixed: 90 days (Section 4.3(5))?
- D25Should there be term limits, such as three consecutive terms (Section 4.4)?
- D26Should no more than two Board Members come from the same organization (Section 4.4)?
- D27Should elections use plurality voting for open seats, or another method? How are ties broken (Section 4.5(c))?
- D28What election timeline: call 45 days before, candidate list 21 days before voting (Section 4.5)?
- D29How soon after the Registry is in service must the first election happen: six months (Section 4.6)?
- D30What vote removes a Board Member: two-thirds of members, two-thirds of the board (Section 4.8)? How many missed meetings count?
- D31How often should the board meet: monthly the first year, then quarterly? How many Board Members can call a special meeting, and on what notice (Section 4.10)?
- D32Should board action without a meeting need all Board Members, or a smaller share if state law allows (Section 4.12)?
- D33One-year officer terms (Section 5.3)?
- D34Must officers be Voting Members during the transition, when there are none yet (Section 5.2)?
- D35Is the Founding Advisor role scoped correctly, and should it be indemnified (Sections 5.7 and 10.4)?
- D36During the transition, may the Governance and Review Committee be filled by fully verified General Members (Section 6.4(a))?
- D37What term for elected Committee members: two years (Section 6.4(d))?
- D38Fiscal year: calendar year (Section 7.1)?
- D39What budget overrun needs a board vote: 10 percent per category (Section 7.2)?
- D40Monthly statement deadline: 15 days (Section 7.3)?
- D41Two-signature threshold: $1,000 (Section 7.4)?
- D42How should any digital assets the Association owns be controlled: two-of-three multi-signature (Section 7.4)?
- D43Donation cap: $25,000 or 20 percent of prior-year revenue, whichever is greater? Should larger gifts be allowed with a published board vote and no conditions (Section 7.5(a))?
- D44Anonymous donation ceiling ($250) and the threshold for naming donors ($1,000) (Section 7.5(b))?
- D45At what revenue level should an independent review or audit start: $100,000 (Section 7.7)?
- D46Is the carve-out in Section 8.2 (self-defense, lawful process, regulator complaints) right, or too broad?
- D47Is the wording of Section 8.5 on automated agents clear enough to follow in practice?
- D48Minutes deadline: 7 days for drafts (Section 9.1)?
- D49Is logging exchange and custodian contacts in the claims ledger acceptable to those firms, with the confidential option (Section 9.3)?
- D50Should identity documents be deleted after verification, or kept for a set period (Section 9.5)?
- D51What share of Voting Members can propose an amendment (5 percent) or petition for dissolution (10 percent) (Sections 11.1 and 12.1)?
- D52Is directors and officers insurance a day-one cost or a later one (Section 10.3)?
- D53What is the deadline to hold the first election if the Registry is not ready: nine months (Section 13.2)?
- D54Should the bylaws name the initial Director, or leave it to the first board's resolution (Section 13.3)?
First-Year Budget and Finance Plan13 decisions · 14 min
- D1Is $2,186 to $14,488 a realistic operating range? Which lines are missing or wrong?
- D2Should the paid legal opinion be budgeted now, or only raised for if the volunteer route fails? Who decides that, and by when?
- D3Are the dues levels ($50, $250, $1,000, capped at $1,000) right? How should "small business" be defined?
- D4Is a $5,000 per-donor cap and a 20% concentration limit right for year one, when the budget is small and one donor could exceed 20% fast?
- D5Is $250 the right line for anonymous gifts?
- D6BSV: named custodian, immediate conversion, or USD only until one exists in writing?
- D7Are $500 (two signatures) and $5,000 (board vote) the right thresholds?
- D8Who should be Treasurer? Should the CPA reviewer stay independent of that role?
- D9Is D&O insurance worth buying in year one?
- D10Which state? Does the state change any line above?
- D11Should we file Form 1024 at all in year one, or operate first and file once there is a record? (A 501(c)(6) is not required to file it, but the determination letter helps with institutional due diligence.)
- D12Is it right to refuse money from any exchange, market maker or listing service we are asking for a decision?
- D13Is the "funding secured" rule in 3.5 strict enough?
Membership Registry and Voting System10 decisions · 22 min
- D5What minimum lock amount and remaining time should a director candidate need? Should there be a lock at all, or only disclosure? (Organizers)
- D6Should third-party coins be allowed in a candidate's lock if disclosed, or barred outright? (Organizers)
- D7What related-party cap should apply to the board? (Organizers)
- D8What account age and activity thresholds should the bylaws publish? What other proofs replace an X account? (Organizers)
- D9Which votes must be secret, and who serves as the independent inspector? (Organizers, GloboSphere)
- D10Who serves on the founding Governance and Review Committee, and when does its term end? (Organizers)
- D11Who is the Secretary, and who holds the anchor key? (Organizers)
- D12Should there be membership dues? If so, how do we make sure dues never affect voting? (Organizers, GloboSphere)
- D13Do we pay for X API access for OAuth sign-in, or run v0 on manual code checks only? (Organizers)
- D14Should the first vote wait for anchoring (v3), or proceed after v1 with anchoring added later? (Organizers)
Claims ledger9 decisions · 30 min
- D1Will the organizers adopt the rule that nothing is said publicly until it sits in the data room with evidence?
- D2Do Nancy, John, and the proposed independent reviewer accept their maintenance and review roles?
- D3Which formation documents, signatures, funding records, and membership rules can now be supplied or publicly summarized?
- D4Who will authenticate the Stripe, Visa, tagged Fink-account, and Robinhood claims, and by what deadline?
- D5Which unsupported claims should Nancy expressly withdraw or correct, with what public wording?
- D6Who will retain qualified counsel and confirm that Gavin is described accurately?
- D7Do reviewers accept the weekly Space procedure and the proposed month-end cutoff?
- D8Who will hold the publishing authority, preserve snapshots, and approve any future BSV fee budget?
- D9Where will the public snapshots, evidence summaries, change log, and anchor receipts be hosted?
Technical program for a US listing11 decisions · 25 min
- D1Is "about $300 a month" the figure we use in the budget for the listening node, with $250 as the target once the write optimization lands?
- D2Do we start with the watcher tier (about $25 a month) and add full validation later, or go straight to M1?
- D3Where should the monitor's second and third observation points come from, and is anyone willing to host one?
- D4Who is the named backup to John for alerts and for "who answers the phone"?
- D5For the node package, do we start with Teranode, SV-node, or both? Who funds the reference instance, and from which budget line?
- D6Should the reorg monitor and the confirmation guidance be public from day one, or shown to one exchange first?
- D7Where does the M2 UTXO snapshot come from, and should the association make that request?
- D8Do we want an independent technical reviewer for Document 1, and who would be credible to a US listing team?
- D9Do we archive the whole chain in R2 ($128 to $192 a month) or stay pruned?
- D10What monthly ceiling triggers the fallback if chain volume, and the node's bill, rises?
- D11Is the conformance badge part of the association's packet, or does it stay John's own program that the packet cites?
Data room index9 decisions · 14 min
- D1Do the organizers accept these six documents and the proposed owner assignments?
- D2What appointment and signing records will support John's Director role and Nancy's responsibilities?
- D3Which counsel will review documents 3 to 5, and what client, scope, and sharing terms should the engagement cover?
- D4Can the litigation paragraph be supported by records, and who may sign it?
- D5Which formation, funding, membership, and poll records can be supplied or publicly summarized?
- D6Who will independently review John's monitor, incident history, integration package, and deposit guidance?
- D7Which Fireblocks product and jurisdictions must be confirmed, and which custody provider can meet the receiving venue's needs?
- D8Do reviewers accept the counting method and the rule that agents count only and never message exchanges?
- D9What evidence closes each release gap, and which verified venue should receive the first completed packet?
Memorandum of understanding: BSV USA and BSVA working group6 decisions · 4 min
- D1Do the organizers approve this scope, named leadership and budget publication before outreach?
- D2Will BSVA confirm Connor as liaison, and who may approve and sign for each side?
- D3Who owns the first US deliverable, tracker and venue key, and when is the next update?
- D4What name, relationship wording, information and public statements can each side clear?
- D5Can both co-sign the no-rename and no-litigation wording, and by what review date?
- D6What start and review dates, Space slot, guest and announcement permission can we confirm?
The BSV Association call, Wednesday October 142 decisions · 3 min
Communications for the week of October 12, 20260 decisions · 8 min
- No decisions asked; read for comment.
Comment of the BSV USA Association (in formation) on GENIUS Act Regulations on Payment Stablecoin Issuance, Offer, and Sale7 decisions · 8 min
- D2Entity status line. Should "Who we are" state plainly that no legal entity exists yet and no bylaws or officers have been adopted? We have not confirmed any formation step, so the draft makes no such claim either way.
- D3Question 73. Support a de minimis safe harbor, oppose one, or stay silent?
- D4Question 52 detail. Are we comfortable describing where lawful order functions "can live" on UTXO chains? Someone technical should confirm the wording before we offer documentation to Treasury.
- D5Reorganization history. BSV had reorganization attacks in August 2021. Do we mention that history, and what changed since, to get ahead of it? Or do we leave it for the technical documentation?
- D6Scope. Do we add a sentence that our positions also apply to the Federal Reserve's GENIUS Act proposals (Docket R-1899 and R-1900, comments due November 30, 2026), or save them for a separate comment?
- D7Contact details. Treasury asks for name, organization, address, email, and telephone, all public. Which address and email go on the public record?
- D8Signer and title. Confirm John signs as "Director." Confirm that no other person, including the host of the association's Spaces, is named.
John, director: 12 documents to read, 133 open decisions for you. Open a document to answer in context, or see them as one table.
Start here: what this site is and how to use it3 decisions · 4 min
Bylaws of the BSV USA Association54 decisions · 32 min
- D1Which state should the Association incorporate in? (Earlier analysis suggested Florida.) Does that state's nonprofit statute allow everything here, including electronic and secret ballots, members acting by electronic ballot without a meeting, and Board Members acting by electronic consent?
- D2Is "BSV USA Association" the legal name, or should the legal name differ from the public name?
- D3Is it workable to call the chief executive "Director" and the board seats "Board Members," or should the title become "Executive Director"?
- D4Should the Director be a voting member of the board (Section 4.2)?
- D5Should board seats and offices be limited to US citizens or residents (Sections 2.1 and 4.3)?
- D6Can a Business Member's representative also be a Voting Member, or is that a back door to extra influence (Section 2.2(c))?
- D7How should full identity verification work: the Committee reviewing documents in confidence, or a third-party provider? What do we keep, and when do we delete it (Sections 2.4(b) and 9.5)?
- D8X is the only identity platform named. Should members be able to verify another way if they have no X account or lose it?
- D9What should the dues cap be for individuals and for Business Members? Should General membership be free (Section 2.5)?
- D10How many days' notice before nonpayment moves a member to inactive status (Section 2.5)?
- D11How long do Voting Members have to complete annual confirmation (Section 2.7)?
- D12What are the response, appeal and interim suspension periods in Section 2.8: 15, 30 and 45 days?
- D13Is an Appeals Panel drawn by lot from Voting Members the right independent appeal, or should it be an outside person?
- D14Which month for the annual meeting (Section 3.1)?
- D15What share of Voting Members can call a special meeting: 10 percent (Section 3.2)?
- D16Should recorded X Spaces count as meetings of members when no vote is taken (Section 3.3)?
- D17What notice periods: 14 to 60 days for meetings, 30 days for amendments and dissolution (Section 3.4)?
- D18What record date window: up to 60 days (Section 3.5)?
- D19What quorum for ordinary votes (10 percent) and for Supermajority votes (33 percent) (Section 3.6)?
- D20Should ballots be secret with a verifiable receipt, or open and signed (Section 3.7(c))?
- D21How long should a ballot stay open (7 days) and how soon must results be Anchored (3 days) (Section 3.7)?
- D22How many inspectors per vote: two (Section 3.10)?
- D23What Lock amount and term should the board set for the first election? Should the bylaws set a floor or a ceiling (Section 4.3(5))?
- D24How long before an election must the Lock terms be fixed: 90 days (Section 4.3(5))?
- D25Should there be term limits, such as three consecutive terms (Section 4.4)?
- D26Should no more than two Board Members come from the same organization (Section 4.4)?
- D27Should elections use plurality voting for open seats, or another method? How are ties broken (Section 4.5(c))?
- D28What election timeline: call 45 days before, candidate list 21 days before voting (Section 4.5)?
- D29How soon after the Registry is in service must the first election happen: six months (Section 4.6)?
- D30What vote removes a Board Member: two-thirds of members, two-thirds of the board (Section 4.8)? How many missed meetings count?
- D31How often should the board meet: monthly the first year, then quarterly? How many Board Members can call a special meeting, and on what notice (Section 4.10)?
- D32Should board action without a meeting need all Board Members, or a smaller share if state law allows (Section 4.12)?
- D33One-year officer terms (Section 5.3)?
- D34Must officers be Voting Members during the transition, when there are none yet (Section 5.2)?
- D35Is the Founding Advisor role scoped correctly, and should it be indemnified (Sections 5.7 and 10.4)?
- D36During the transition, may the Governance and Review Committee be filled by fully verified General Members (Section 6.4(a))?
- D37What term for elected Committee members: two years (Section 6.4(d))?
- D38Fiscal year: calendar year (Section 7.1)?
- D39What budget overrun needs a board vote: 10 percent per category (Section 7.2)?
- D40Monthly statement deadline: 15 days (Section 7.3)?
- D41Two-signature threshold: $1,000 (Section 7.4)?
- D42How should any digital assets the Association owns be controlled: two-of-three multi-signature (Section 7.4)?
- D43Donation cap: $25,000 or 20 percent of prior-year revenue, whichever is greater? Should larger gifts be allowed with a published board vote and no conditions (Section 7.5(a))?
- D44Anonymous donation ceiling ($250) and the threshold for naming donors ($1,000) (Section 7.5(b))?
- D45At what revenue level should an independent review or audit start: $100,000 (Section 7.7)?
- D46Is the carve-out in Section 8.2 (self-defense, lawful process, regulator complaints) right, or too broad?
- D47Is the wording of Section 8.5 on automated agents clear enough to follow in practice?
- D48Minutes deadline: 7 days for drafts (Section 9.1)?
- D49Is logging exchange and custodian contacts in the claims ledger acceptable to those firms, with the confidential option (Section 9.3)?
- D50Should identity documents be deleted after verification, or kept for a set period (Section 9.5)?
- D51What share of Voting Members can propose an amendment (5 percent) or petition for dissolution (10 percent) (Sections 11.1 and 12.1)?
- D52Is directors and officers insurance a day-one cost or a later one (Section 10.3)?
- D53What is the deadline to hold the first election if the Registry is not ready: nine months (Section 13.2)?
- D54Should the bylaws name the initial Director, or leave it to the first board's resolution (Section 13.3)?
First-Year Budget and Finance Plan13 decisions · 14 min
- D1Is $2,186 to $14,488 a realistic operating range? Which lines are missing or wrong?
- D2Should the paid legal opinion be budgeted now, or only raised for if the volunteer route fails? Who decides that, and by when?
- D3Are the dues levels ($50, $250, $1,000, capped at $1,000) right? How should "small business" be defined?
- D4Is a $5,000 per-donor cap and a 20% concentration limit right for year one, when the budget is small and one donor could exceed 20% fast?
- D5Is $250 the right line for anonymous gifts?
- D6BSV: named custodian, immediate conversion, or USD only until one exists in writing?
- D7Are $500 (two signatures) and $5,000 (board vote) the right thresholds?
- D8Who should be Treasurer? Should the CPA reviewer stay independent of that role?
- D9Is D&O insurance worth buying in year one?
- D10Which state? Does the state change any line above?
- D11Should we file Form 1024 at all in year one, or operate first and file once there is a record? (A 501(c)(6) is not required to file it, but the determination letter helps with institutional due diligence.)
- D12Is it right to refuse money from any exchange, market maker or listing service we are asking for a decision?
- D13Is the "funding secured" rule in 3.5 strict enough?
Membership Registry and Voting System10 decisions · 22 min
- D5What minimum lock amount and remaining time should a director candidate need? Should there be a lock at all, or only disclosure? (Organizers)
- D6Should third-party coins be allowed in a candidate's lock if disclosed, or barred outright? (Organizers)
- D7What related-party cap should apply to the board? (Organizers)
- D8What account age and activity thresholds should the bylaws publish? What other proofs replace an X account? (Organizers)
- D9Which votes must be secret, and who serves as the independent inspector? (Organizers, GloboSphere)
- D10Who serves on the founding Governance and Review Committee, and when does its term end? (Organizers)
- D11Who is the Secretary, and who holds the anchor key? (Organizers)
- D12Should there be membership dues? If so, how do we make sure dues never affect voting? (Organizers, GloboSphere)
- D13Do we pay for X API access for OAuth sign-in, or run v0 on manual code checks only? (Organizers)
- D14Should the first vote wait for anchoring (v3), or proceed after v1 with anchoring added later? (Organizers)
Claims ledger9 decisions · 30 min
- D1Will the organizers adopt the rule that nothing is said publicly until it sits in the data room with evidence?
- D2Do Nancy, John, and the proposed independent reviewer accept their maintenance and review roles?
- D3Which formation documents, signatures, funding records, and membership rules can now be supplied or publicly summarized?
- D4Who will authenticate the Stripe, Visa, tagged Fink-account, and Robinhood claims, and by what deadline?
- D5Which unsupported claims should Nancy expressly withdraw or correct, with what public wording?
- D6Who will retain qualified counsel and confirm that Gavin is described accurately?
- D7Do reviewers accept the weekly Space procedure and the proposed month-end cutoff?
- D8Who will hold the publishing authority, preserve snapshots, and approve any future BSV fee budget?
- D9Where will the public snapshots, evidence summaries, change log, and anchor receipts be hosted?
Technical program for a US listing11 decisions · 25 min
- D1Is "about $300 a month" the figure we use in the budget for the listening node, with $250 as the target once the write optimization lands?
- D2Do we start with the watcher tier (about $25 a month) and add full validation later, or go straight to M1?
- D3Where should the monitor's second and third observation points come from, and is anyone willing to host one?
- D4Who is the named backup to John for alerts and for "who answers the phone"?
- D5For the node package, do we start with Teranode, SV-node, or both? Who funds the reference instance, and from which budget line?
- D6Should the reorg monitor and the confirmation guidance be public from day one, or shown to one exchange first?
- D7Where does the M2 UTXO snapshot come from, and should the association make that request?
- D8Do we want an independent technical reviewer for Document 1, and who would be credible to a US listing team?
- D9Do we archive the whole chain in R2 ($128 to $192 a month) or stay pruned?
- D10What monthly ceiling triggers the fallback if chain volume, and the node's bill, rises?
- D11Is the conformance badge part of the association's packet, or does it stay John's own program that the packet cites?
Confirmation-depth guidance9 decisions · 18 min
- D1The tolerance R. Is one dollar of expected loss per deposit the right default, or should tiers use fixed probabilities instead?
- D2The default q. Should q be the larger of the measured top-miner share and 30 percent, or should the floor be higher given section 2.5?
- D3The 50 and 60 percent columns. These are policy, not formula. Are 144 and 288 blocks with caps defensible for the small tiers, or should we recommend a full halt at 50 percent and above?
- D4Halt defaults. N = 2 blocks, T = 30 minutes, stale after 120 minutes, a 10-point share shift, 25 percent unknown share. Tune now or after the monitor has three months of data?
- D5The hashrate figure. Replace the third-party 185 to 245 PH/s with the monitor's own estimate before this goes to any venue? We recommend yes.
- D6The 2021 depth dispute. About 100 blocks (CoinDesk, citing a researcher) against 14 (Coin Metrics). Who checks this against block data, and by when?
- D7The endpoint shape. Is the
/api/confirmationsrequest and response in section 5.3 what the monitor should build? Should it also accept a list of amounts in one call? - D8Independent reviewer. Who reviews the model and the tables before this is shown to any exchange? No one is appointed.
- D9Publication. Does this go on the public site as a draft now, or only after the monitor has data and a reviewer has signed off?
Data room index9 decisions · 14 min
- D1Do the organizers accept these six documents and the proposed owner assignments?
- D2What appointment and signing records will support John's Director role and Nancy's responsibilities?
- D3Which counsel will review documents 3 to 5, and what client, scope, and sharing terms should the engagement cover?
- D4Can the litigation paragraph be supported by records, and who may sign it?
- D5Which formation, funding, membership, and poll records can be supplied or publicly summarized?
- D6Who will independently review John's monitor, incident history, integration package, and deposit guidance?
- D7Which Fireblocks product and jurisdictions must be confirmed, and which custody provider can meet the receiving venue's needs?
- D8Do reviewers accept the counting method and the rule that agents count only and never message exchanges?
- D9What evidence closes each release gap, and which verified venue should receive the first completed packet?
Memorandum of understanding: BSV USA and BSVA working group6 decisions · 4 min
- D1Do the organizers approve this scope, named leadership and budget publication before outreach?
- D2Will BSVA confirm Connor as liaison, and who may approve and sign for each side?
- D3Who owns the first US deliverable, tracker and venue key, and when is the next update?
- D4What name, relationship wording, information and public statements can each side clear?
- D5Can both co-sign the no-rename and no-litigation wording, and by what review date?
- D6What start and review dates, Space slot, guest and announcement permission can we confirm?
The BSV Association call, Wednesday October 142 decisions · 3 min
Communications for the week of October 12, 20260 decisions · 8 min
- No decisions asked; read for comment.
Comment of the BSV USA Association (in formation) on GENIUS Act Regulations on Payment Stablecoin Issuance, Offer, and Sale7 decisions · 8 min
- D2Entity status line. Should "Who we are" state plainly that no legal entity exists yet and no bylaws or officers have been adopted? We have not confirmed any formation step, so the draft makes no such claim either way.
- D3Question 73. Support a de minimis safe harbor, oppose one, or stay silent?
- D4Question 52 detail. Are we comfortable describing where lawful order functions "can live" on UTXO chains? Someone technical should confirm the wording before we offer documentation to Treasury.
- D5Reorganization history. BSV had reorganization attacks in August 2021. Do we mention that history, and what changed since, to get ahead of it? Or do we leave it for the technical documentation?
- D6Scope. Do we add a sentence that our positions also apply to the Federal Reserve's GENIUS Act proposals (Docket R-1899 and R-1900, comments due November 30, 2026), or save them for a separate comment?
- D7Contact details. Treasury asks for name, organization, address, email, and telephone, all public. Which address and email go on the public record?
- D8Signer and title. Confirm John signs as "Director." Confirm that no other person, including the host of the association's Spaces, is named.
The documents · 15 drafts, 175 decisions
Start here
One page that explains the packet.
Start here: what this site is and how to use it
What this packet is, what we ask of each reviewer, the reading order, the dates, and how to comment. Read it first.
For Everyone3 decisions4 min readv0.1
Formation
The corporation: where, under what rules, with what policies.
Articles of Incorporation, State Choice and Post-Filing Checklist
A state-choice memo (Missouri first, against Delaware, Wyoming and DC) and draft articles for a nonprofit corporation that will seek 501(c)(6) status, with the post-filing checklist for the EIN, Form 1024 and the bank account.
For BSV Esq., GloboSphere15 decisions15 min readv0.1
Bylaws of the BSV USA Association
Thirteen articles plus a transition article: member classes and the ninety-day clock, one verified person one vote, a staggered board whose candidates lock BSV in their own wallets, officers, committees, finance rules, the standing commitments (no rename, no litigation), transparency, amendments and dissolution.
For BSV Esq., GloboSphere, Organizers54 decisions32 min readv0.1
Antitrust Policy
The trade-association antitrust policy: what members and volunteers may never discuss or coordinate (fees, boycotts of exchanges, pressure campaigns), what is fine, meeting rules, and a ban on coordinated trading and price targets.
For GloboSphere, BSV Esq.10 decisions11 min readv0.1
Conflict of Interest Policy
Disclosure, recusal and documentation for directors, officers and working-group leads, including BSV holdings, employment by miners or exchanges, the founder's pseudonymity, and the public disclosure of directors' locks.
For GloboSphere, BSV Esq.11 decisions10 min readv0.1
Money
What the first year costs and how it is funded and controlled.
First-Year Budget and Finance Plan
A first-year budget with low and high columns, a dues schedule, donation caps and a public ledger, treasurer controls, and the timeline from EIN to the first published statement.
For OldCraig, Organizers13 decisions14 min readv0.1
Membership
Who is a member, how they vote, what we will build.
Membership Registry and Voting System
The registry the organizers intend to build: X-handle verification, a bound BSV key, an optional self-custodied lock for director eligibility, signed ballots, results hashed to chain, the threat model, the architecture and the build phases.
For Organizers, GloboSphere, BSV Esq.15 decisions22 min readv0.1
Market access
The work that gets BSV in front of US venues.
Claims ledger
Every public claim by the association or its host since September 28, with the link, the evidence status, what would verify it and who owns it, plus the rule and the monthly on-chain hash.
For Organizers, Gavin9 decisions30 min readv0.1
Technical program for a US listing
Everything John can build or run to get BSV listed, from a listening-only node on Cloudflare to a public reorg monitor and a conformance badge, each with what it answers, what it costs per month, how long it takes and what evidence it produces.
For John, Gavin, Organizers11 decisions25 min readv0.1
Confirmation-depth guidance
The reasoned confirmation policy an exchange can adopt: the Nakamoto and Grunspan models with measured miner concentration, worked tables by deposit tier, a halt rule, what the 2021 attacks were, and the endpoint shape a service would implement.
For John, Gavin, An independent technical reviewer9 decisions18 min readv0.1
Data room index
The six-document packet an exchange's listing team receives: security and incident report, technical integration guide, counsel's classification memo, litigation posture, governance status, demand evidence; each with contents, owner, status and gaps.
For Organizers, Gavin, Counsel9 decisions14 min readv0.1
Memorandum of understanding: BSV USA and BSVA working group
A one-page non-binding MoU with the BSV Association: BSV USA on US market access, the BSVA on protocol and brand, liaisons, a shared listing tracker, the joint no-rename and no-litigation commitments, and talking points for Wednesday.
For Organizers, Then the BSVA6 decisions4 min readv0.1
The BSV Association call, Wednesday October 14
What Wednesday's call with the BSV Association is for, the four public pages Connor received about John's program, the association's four asks for its five-minute segment, what John will not say, and what comes back to the team.
For Organizers, Gavin2 decisions3 min readv0.1
Public voice
What goes out under the association's name.
Communications for the week of October 12, 2026
The texts for this week, each marked with whose voice it is: the no-rename statement and poll, John's who-we-are post, the three kickoff messages, the registry announcement, the site intro line, the Robinhood post and correction, and the direct message to Gavin.
For Organizersno decisions asked8 min readv0.1
Comment of the BSV USA Association (in formation) on GENIUS Act Regulations on Payment Stablecoin Issuance, Offer, and Sale
A comment on Treasury's proposed rule under section 3 of the GENIUS Act (docket TREAS-DO-2026-0496, due October 19): technology neutrality across public chains, objective technical criteria, small issuers and interoperability.
For BSV Esq., GloboSphere, Organizers8 decisions8 min readv0.1
Dates
| Wed Oct 14 | John's call with the BSV Association; the association is a closing item |
| by Thu Oct 15 | counsel's read of the GENIUS Act comment so it files by the 17th |
| by Fri Oct 16 | the rename poll closes; the kickoff call of counsel, the CPA and John |
| Mon Oct 19 | GENIUS Act comment deadline |
| week of Oct 19 | reviewers' answers to the decision lists |
| mid November | articles filed, first board meeting, first published statement |
How to comment
Reply in the group chat with the document's name first, or send John a marked-up copy. One weekly review on the Space walks through what changed. The organizers keep a changelog on the site. Nothing moves from draft to adopted without the reviewers' answers and a vote under the bylaws, once there are bylaws.
Changes to the drafts
- Drafts: confirmation-depth guidance, model, tables, halt rule and API shapeConfirmation-depth guidance
- Drafts: the BSVA call page; manifest; todo: monitor, guidance, watcher nodeThe BSV Association call, Wednesday October 14
- Drafts: technical program menu with costs for a US listingTechnical program for a US listing
- Drafts: finalize claims ledger and six-document data room indexClaims ledger, Data room index
- Ledger: neutral wording on the Robinhood contact; CLAUDE: commit by pathspecClaims ledger
- Site: the public to-do page shows title, owner, due and status onlyClaims ledger, Data room index
- Drafts: candidate announcement card for John's post (nano-banana-2.1, 224,840 sats)
- Drafts: the start-here cover page for the team; Gavin's direct messageStart here: what this site is and how to use it, Communications for the week of October 12, 2026
- docs: draft BSV USA organizer communicationsCommunications for the week of October 12, 2026
- Draft BSV USA and BSVA working-group MoUMemorandum of understanding: BSV USA and BSVA working group
- Fix 1Sat SDK lock template link in membership specMembership Registry and Voting System
- Draft membership registry and voting system spec v0.1 (todo b01)Membership Registry and Voting System
- Draft articles of incorporation v0.1 with state-choice memo and post-filing checklistArticles of Incorporation, State Choice and Post-Filing Checklist
- Add first-year budget and finance draft v0.1 for CPA reviewFirst-Year Budget and Finance Plan