On track: Bitnation CEO Rides Out Storm to Focus on Future

Click here to view original web page at cointelegraph.com


On track: Bitnation CEO Rides Out Storm to Focus on Future

Facebook

Twitter80

G+1

Pinterest

reddit

UpvoteDownvotesubmit

inShare2

Blockchain governance system Bitnation came under the spotlight this week when its crowdsale was unexpectedly postponed. Its vending partner, concerned about a negative reaction from Australian policy makers, withdrew the day of the launch. Additional internal conflicts cast further doubt over the future of the project as a whole, and CoinTelegraph reached out to managerial staff for further information.

However, notably absent from the earlier interview was Bitnation co-founder and CEO Susanne Tartowski Tempelhof. Now, she speaks to CoinTelegraph about the crowdsale, which despite many obstacles has launched, and focuses attention on the future prospects of Bitnation as a unique tool in cryptocurrency.

Tempelhof has already had an active career in supporting disruptive entities in the political realm. With a focus on the Middle East in particular, the firm foundations she gives to Bitnation’s potential is clear from her plans for the project, which is now advancing with as much determination as ever.

CoinTelegraph: Bitnation has been increasingly active and vocal in the community over the past few months. What are the goals for the crowdsale campaign?

Susanne Tartowski Tempelhof: The goals are twofold, one to fund the development, and second to make the process interactive. Community participation is very important for us, and this three months period of fundraising means the entire community can own shares in the DO, will see the development progressing live, be able to add their input on the Whitepaper and shape the development of the company, and more. It’s an outdrawn, interactive process designed for the community to be part of.

CT: The campaign was delayed for 2 days at the last minute due to some problems with regulatory reaction. Is everything set to go ahead as planned now?

STT: Yes, everything is set to go ahead as planned. We rebuilt the sales module from scratch, and it’s live now. Like every crowdsale there will be some technical issues ahead, which we will work on resolving as quickly as possible.

Some elements have been saying negative things about Bitnation publicly because we’re not incorporated in a government backed jurisdiction, which I find strange since the entire concept is based on being able to do all the things the government does via the blockchain, corporate incorporation on the blockchain being one of them.

Anyways, for the persons who publicly resigned and talked about it in media, the only thing I can say was that it was clearly not a project that was a good fit for them, and I wish them luck moving forward and joining other projects, and I hope they will find organizations which are more aligned to their expectations. I wish them all the best.

CT: What has been the reaction to the concept of a Blockchain governance system so far?

STT: The reaction have been overwhelmingly positive, but the concept also confuse some people, particularly people who are not used to think of the Bitcoin blockchain as a distributed public ledger, but rather as a currency. However, I think most people want to see this happen, because the current system of nation states oligopoly is clearly broken, and people are thrilled someone is stepping forward to make it happen.

CT: What are your plans for Bitnation's potential going forward should the crowdsale be a success?

STT: The most important is to 1. build the platform, and 2. empower the Ambassador Network to reach out to their community to actually implement it locally, where it’s needed the most. It’s an ambitious project, and it will take a long time before it reaches its full potential, maybe a decade or more, but it’s worth it to create a more open and fair world.

Did you enjoy this article? You may also be interested in reading these ones:

Instantly buy Litecoin, Dogecoin, Peercoin, and Darkcoin at ShapeShift.io *No account needed*

Twitter80

G+1Pinterest reddit Upvote Downvote submit inShare 2Blockchain governance system Bitnation came under the spotlight this week when its crowdsale was unexpectedly postponed. Its vending partner, concerned about a negative reaction from Australian policy makers, withdrew the day of the launch. Additional internal conflicts cast further doubt over the future of the project as a whole, and CoinTelegraph reached out to managerial […]

cinerama

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Share
Published by
cinerama
Tags: car facebook media one twitter

Recent Posts

  • Bitcoin Business

How Central Banks Could Benefit From A “Protectionist-Driven” Global Downturn

From observing the behaviour of ‘ leavers ‘ and ‘ remainers ‘ since the EU referendum in 2016, I have… Read More

2 hours ago
  • Bitcoin Business

Big Bitcoin Price Boom Will Follow Consolidation, Market Experts Reveal

Prominent investors believe bitcoin price will consolidate before moving higher. | Source: Shutterstock Since July 10, within two weeks, the… Read More

2 hours ago
  • Bitcoin Business

Your portfolio is probably heavy on index funds. Now may be the time to make changes

Index funds have become hugely popular, and they account for a large following in 401(k)-style retirement plans. They're also reliant… Read More

2 hours ago
  • Ethereum

3 Reasons to Doubt the Ludicrous MinePhone WX Claims

Those who have been involved in cryptocurrency for some time now will have come across numerous scams. Some of these… Read More

2 hours ago
  • Bitcoin Business

#MetaHash Co-Founder Gleb Nikitin Keeps Everyone ‘in the Light’ Through the #MetaGather Program

In the midst of many controversies surrounding crypto, there’s light at the end of the tunnel when stalwarts like #MetaHash… Read More

8 hours ago
  • Bitcoin Business

#MetaGather Program Starts Free Familiarization with Blockchain Campaign

Jamie Dimon, the CEO of J.P. Morgan Chase, recently stated, “To put it in perspective, we’ve been talking about blockchain… Read More

8 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More