Olivier Janssens Claims Foundation is Dead After being Forcibly Removed
Barely a week after we reported that the Bitcoin Foundation is facing a severe cash crunch, the organization has "forcibly removed" member Olivier Janssens as he opposed the idea of further fundraising without a plan in place. The announcement was made by Olivier himself on popular social platform Reddit. He shared the entire sequence of circumstances which led to his removal. He said that a discussion on the future of the Foundation soon turned ugly when someone (unnamed) started a vote on shutting down the organization. Well, that should have been done as the Foundation is only left with....
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It looks like the Bitcoin Foundation might finally be dead. At least, that’s according to Olivier Janssens, one of the more recent additions to the Foundation’s board of directors. Janssens took to Reddit on December 15, 2015, informing the community that he had been “forcibly removed from the Bitcoin Foundation board.” The former board member claimed that his tenure at the Foundation ended at the latest board meeting, when the board voted to remove Janssens in response to his motion to force the Foundation to draft a plan for development before attempting to raise additional funds from....
Olivier Janssens, an early adopter of Bitcoin has created a $100,000bounty for software that will replace the need for the Bitcoin Foundation. The bounty of about 250 Bitcoins will be given to the developer that develops the best software for the goals of Janssens. Janssens views the Bitcoin Foundation as the exact thing that Bitcoin was created to avoid. Despite Bitcoin being a transparent network of transactions, the Bitcoin Foundation is not transparent in their actions, nor do they always ask the opinions of the community before implementing new updates or technology. Janssens seeks to....
Bitcoin Foundation board members Jim Harper and Olivier Janssens have resigned and been removed from the trade organization, respectively, following a disagreement over the future of the advocacy group. At an 11am EST meeting today, long-standing disagreements among Bitcoin Foundation board members came to a head over a vote on whether the organization should be disbanded. Both Harper and Janssens voted to shut down the foundation. In a statement, Bitcoin Foundation vice chairman and BTCC CEO Bobby Lee said the organization accepted the resignation of Jim Harper following the vote, a....
Olivier Janssens and Jim Harper have become the Bitcoin Foundation's newest board members, following a recent election that was not without controversy. The winning candidates received 277 and 264 votes respectively, from 440 eligible voters. When asked about his objectives as a newly appointed board member, Janssens, a founder of Freedom Investment Group, said that he wanted to decentralise core development so that the core developers could be paid directly by the community, instead of having the Bitcoin Foundation "sitting in between". Janssens continued: "Through public crowdfunding,....
Starting with 13 Candidates in the first election round, the Bitcoin Foundation has chosen its new Directors after the elections ran to a secondary, runoff round. The Foundation allowed only the top four candidates from the first round into the runoffs, Bruce Fenton, Jim Harper, Michael Perklin, Olivier Janssens. And each candidate still required 50% approval to win a seat. The Bitcoin Foundation runoff elections have finished. Jim Harper and Olivier Janssens have won the two seats; the final tally was. Jim Harper 264 (60)%. Bruce Fenton 218 (50)%. Michael Perklin 229 (52)%. Olivier....