Olivier Janssens, the newly elected Bitcoin Foundation board member, has unexpectedly taken a revolting stance against the organization. He accused the foundation of lacking transparency of its actions while showing their decision to ignore recording the board meetings.
"We [him and Jim Harper] followed Robert's rules of orders, and everyone else basically shut us down and failed to follow procedures," wrote Janssens, while recalling his version of truth.
"The Bitcoin Foundation hates transparency," he added.
He constantly emphasized on some facts linked to the foundation's bankruptcy, citing that it is distrustful and is therefore not receiving any sort of funds from bitcoin space. He also blamed them for spending funds recklessly from the last two years, suggesting that their recent assurance to focus only on bitcoin's core development was a stunt to simply generate more funds.
"The truth is that the Foundation's plan was to hire even more core developers + to start a Bitcoin Standards Body. No organization should have this much control over Bitcoin, and a disaster was avoided."
Bitcoin Foundation's reputation is in troubled waters after Janssens's sudden outburst. They would have to make really strong public statements in response. Moreover, whatever damage happened will require more than just an explanation in times of mending.
Digital Currency
Board Member Olivier Janssens revolts against Bitcoin Foundation
Olivier Janssens, the newly elected Bitcoin Foundation board member, has unexpectedly taken a revolting stance against the organization. He accused the foundation of lacking transparency of its actions while showing thei…
1 min read
Related articles
Digital Currency
Ledger Plans Solana Seeker App for Atom, Extending Access to More Than 1,500 Apps
The integration was announced at Ledger Op3n 2026 in Paris on Oct. 14; Ledger estimates Atom delivery in Q2 2027, subject to change.
Digital Currency
Zcash (ZEC) ETF Leads Oct. 15 Altcoin Outflows at $14.76 Million
The Bitwise NEAR ETF (NRR) added $1.13 million, while Chainlink (LINK) products gained $12,157.
Digital Currency
Ether (ETH) Trades at $2,450 in Binance Spot Market Snapshot
The 15-minute comparison was unchanged; the one-hour reading showed a 0.38% gain.


