Further to my discussion particularly with @Neo_Spank about CF’s duty to act in the best interests of the Cardano community: Charles Hoskinson’s twitter space today provided some more colour in relation to how CF was created and what was its intended purpose. This is particularly relevant in understanding the policy behind CF’s duty to the Cardano community.
Charles was talking about how CF was established in 2016. He said:
Well who did that? It was Michael Parsons who did that, who was deposed for trying to embezzle funds from the Cardano Foundation. Only after the community came together with the Guardians of Cardano and people actually made a statement about it and Parsons decided to go.
Well what happened next? That wasn’t addressed in their forum post.
Input Output and Emurgo got together and we were the majority of the board. We came in for a period of time, Tam Hasson, Niko Aquillos, Mahmeet Sing where board members. And they said, you know, Switzerland is not fit for purpose for a members based organisation, which was always the intent of the Cardano Foundation. Anyone tells you otherwise is lying. It was always the intent that this (CF) be a community owned, operated, and controlled organisation.
So we tried to move it (CF). And when we tried to move it, the administrator was appointed by the Swiss Government, and they liquidated the board. They got rid of all of our people and they put in 4 people who have no connection to the Cardano ecosystem.
And they said in their forum post today that they have no intention of allowing people to be voted in because that is not allowed under the structure of Switzerland. Well no shit Sherlock, we are aware of that. So why not simply move the foundation to another location? They seem to be enamoured with the Middle-East. They have the DLT foundation laws in Abu Dahbi which would allow them to be members based. We have already shown how to do that with an organisation in Wyoming. They can certainly move anywhere in the world and move the assets, and start over and have a members based organisation. They choose not to do this.