As there has been some discussion recently about the GDCA (Global Digital
Currency Association) I have included the first of some extracts of the
constitution for those who may not have read it.


Constitution of the Global Digital Currency Association

This constitution functions as a contract among the accredited members of
the GDCA

Part 1 Name, Objectives and Purposes

Section 1.

(a) The name of the association is the Global Digital Currency
Association (“GDCA”).
(b) The URL (or web address) of the organization is:
http://www.gdcaonline.org

Section 2. The objectives and purposes of the GDCA are:

(a) To foster, promote and develop fellowship and mutual aid of the GDCA
members and listed business within the framework of this constitution;

(b) To establish communication and understanding among the members of the
GDCA and members of other communities;

(c) To promote and sponsor educational activities that alert and teach
the general public about the benefits of digital forms of money;

(d) To assist businesses to use digital currencies as a medium of
exchange by way of distribution of information and other services deemed
necessary;

(e) To promote and maintain the highest professionalism among its
members;

(f) To use the influence of the combined membership body of the GDCA to
bargain for goods and/or services for the benefit of the members.

(g) The activities of the GDCA shall be politically non-partisan and
non-sectarian;

(h) Whenever possible, the GDCA will encourage its members and listed
businesses to settle their disputes amicably. The GDCA may decide not to
interfere in certain disputes (even if called upon to act), especially
where, in the judgment of the officers, the GDCA considers its intrusion
to be detrimental to the global digital currency economy in general or
where the GDCA lacks the proper knowledge, experience or qualifications
to render an informed judgment. However, the GDCA may refer to experts in
a particular field to aid in making judgments;

(i) The GDCA will act to ensure integrity in commercial transactions
between its members and listed businesses and the general public. The
GDCA will also act as arbiter of disputes arising among its own members,
as well as disputes arising between members of the GDCA and listed
businesses:

1. When a member or listed business of the GDCA has a bona fide dispute
with another member or listed business, the member may petition the GDCA
to initiate a mediation process. Mediation may take place by e-mail,
phone, or in person. If mediation is not successful, an affected member
may apply to the GDCA for a binding arbitration process. Such
arbitration, if approved, will be carried out by the
Auditing/Investigating Committee.

2. Upon a finding for either party by the Auditing/Investigating
Committee, the Committee will issue a ruling consistent with the findings
of fact. The decision of the Auditing/Investigating Committee may be
appealed to the President of the GDCA within 10 business days for a
re-hearing and re-consideration.

3. All parties must abide by the final ruling of the President. Failure
to abide by the final decision of the GDCA under Sec. 2(i)2, may cost the
offending party up to 10 points per incident.

(j) The GDCA will not interfere in minor disputes among its members or
listed businesses. The officers have full discretion in deciding which
disputes are minor and whether or not to grant mediation or binding
arbitration services;

(k) This constitutional agreement among the accredited members of the
GDCA will take force upon each member’s signature and payment of proper
consideration. This constitution may not be modified except with the
unanimous agreement of the member body and any proposed modification must
first be disseminated to each member of the GDCA for public comment for
not less than 1 month before amendment.

(l) Financial statements of the GDCA shall be disclosed to any accredited
member at his request. Non-members or listed businesses may be charged a
fee for this service.

Michael Moore - Vice President
Global Digital Currency Association.
http://www.gdcaonline.org
'Because Reputation Counts'

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