Ralph Hofacker
Co-Founder & Co-CEO
Dear BAS Members,
I’m excited to announce my candidacy for a position on the Board of the Bitcoin Association Switzerland (BAS). My journey into Bitcoin, spanning over a decade, has been shaped by a combination of deep analytical work in traditional finance and a passionate transition into the Bitcoin ecosystem.
My Bitcoin Story
My career began in quantitative finance, where I gained insights into the complexities of structured financial products. The 2008 financial crisis and subsequent work on risk models sparked my curiosity about more transparent, resilient systems—leading me to discover Bitcoin in 2016. Inspired by Andreas Antonopoulos, I began a deep dive into Bitcoin’s economic, technical, and philosophical aspects.
As my understanding deepened, I took it upon myself to share this knowledge within my professional environment. I organized and led various educational sessions at the company where I worked, helping colleagues grasp the basics of Bitcoin and its evolving role in modern financial markets, and traveled to El Salvador in 2021 to witness the transition of Bitcoin to become a legal tender. These initiatives positioned me as a Bitcoin ambassador among my peers, recognized for my enthusiasm and ability to distill complex concepts into accessible ideas.
Over time, my commitment grew, culminating in my full-time dedication to Bitcoin with the founding of Brick Towers in 2023, working on a Bitcoin-yielding product, leveraging the Lightning Network. For a detailed walkthrough on why I turned full-time to Bitcoin and digital assets, feel free to check out my founder story.
My BAS Involvement
After moving to Zurich in 2017, I engaged with the BAS community, attending events and discussions that expanded my understanding and connection within the Bitcoin space. These interactions highlighted BAS’s critical role in shaping the dialogue around Bitcoin in Switzerland and beyond. My participation has strengthened my conviction that Bitcoin is the most natural form of money—a global, decentralized system that aligns economic incentives with fairness and accountability.
My Vision and Goals as a Board Member
I’m committed to making impactful contributions as a BAS Board Member. I aim to:
Strengthen Events & Engagement: Organize thought-provoking events with global experts—developers, researchers, and ecosystem builders—to foster critical discussions with BAS members.
Promote Bitcoin-Centric Initiatives: Advocate for updating BAS’s mission to focus on promoting Bitcoin and its ecosystem.
Steward BAS Treasury Resources: Support deploying our Bitcoin treasury toward initiatives that align with our mission.
Build Robust Operational Structures: Drawing on my expertise in end-to-end process analysis and detail-oriented execution, I’ll take a hands-on approach to implement clear, efficient systems that free up time, help people to find the right information at the right place, and allow the association to focus on initiatives that truly add value to BAS.
My Conviction
Bitcoin is not just technology—it’s a movement toward sound money and financial independence. I believe Bitcoin can, and should, become the next global reserve asset, restoring accountability to those in power.
I’d be honored to have your vote to bring these ideas and energy to the BAS Board. Together, we can ensure that BAS together with the community continues to shape the future of Bitcoin in Switzerland and beyond!
Thank you for your consideration.
Ralph Hofacker
LANGUAGES
German (Native)
English (Fluent)
Spanish (Fluent)
French (Basic)
Application Documents
CV Ralph Hofacker
Motivation letter