Bruce Fenton: Bitcoin Foundation Needs To Do Serious Fundraising
The Bitcoin Foundation is in disarray! And it is cash-strapped, thanks to the frivolous spending of its members. The disappointing news has come to light from the recently released minutes of the Bitcoin Foundation Board Meeting held on October 20, 2015. The meeting was attended by Bruce Fenton, Amy Loughran-Dolan, Brock Pierce, Jim Harper, Bobby Lee, and Olivier Janssens. The minutes start with Board of Director Brock Pierce saying that "it looks like we are close to running out of money." Bruce Fenton, Executive Director at the Foundation, commented, "Yes, we need to do serious....
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Bruce Fenton is a well-known Bitcoin activist in the crypto community. The Managing Director and founder of Atlantic Financial Inc. and Boston Gulf Advisors Group, more recently Bruce has been voted into the Bitcoin Foundation as executive director. He has big plans to revamp the foundation and bring some fiscal change. CoinTelegraph previously briefly discussed with Bruce the realities of issues such as Ben Lawsky and the BitLicense scheme, but this time around we had a chance to have a more in-depth look at how Bruce aims to solidify the Bitcoin Foundation itself. CoinTelegraph: Can you....
The Bitcoin Foundation has been wrapped up in controversy throughout its entire existence, but the non-profit organization could turn a new leaf with the appointment of Bruce Fenton as the new executive director. Fenton delivered a clear, concise presentation about the future of the Bitcoin Foundation at Inside Bitcoins NYC 2015, and he made some statements that could possibly grab the attention of even the most adamant haters of the foundation. Throughout his talk, Fenton brought up transparency as often as possible because it has been one of the most frequent complaints from foundation....
In a vote consisting of five ayes and one abstention, the Bitcoin Foundation Board has elected lifetime member Bruce Fenton to the position of Executive Director, replacing interim director Patrick Murck who held the position for the five months following Jon Matonis's resignation. In an announcement posted on Monday afternoon, the Foundation stated that it decided that "in opinion of the board, [Fenton] is the best candidate for the job." In February of 2015, Fenton lost his bid to win one of the two open Board seats during the general election, finishing in fourth position behind Olivier....
As the Bitcoin Foundation clearly needs change, its newly-elected executive director Bruce Fenton told Cointelegraph about his vision of most urgent issues that face the organization, including the lack of transparency, the image problem and the need to decentralize. CoinTelegraph: It's no secret the Foundation has an image problem both in the community and in the media. Are you worried about being its figurehead at this time? Bruce Fenton: Well I think we have a fast growing space that is bound to have a lot of changes and a lot of turmoil, and I think it’s a part of the challenges that....
During the fall months, there’s been a lot of talk surrounding the alleged OneCoin scam. Just recently, former Bitcoin Foundation director Bruce Fenton wrote a letter calling for authorities to look into this giant MLM “cryptocurrency.” Bruce Fenton: A Letter Against OneCoin’s Activities. In a written letter on GitHub, Bitcoin proponent Bruce Fenton is....