Chapter 9. Cardano Foundation: Blockchain Governance

Cardano will be valuable based upon hard work, real-world use and the utility of the platform. I’m not here to make day traders rich. I’m here to change the world.1

—Charles Hoskinson, founder of Cardano

Like so many successful people in blockchain, Nathan Kaiser had an unusual skill set.

He grew up in Switzerland during the personal computer revolution, teaching himself BASIC programming and beginning his lifelong love of technology. As a young man, he entered law school, eventually earning bar membership in Zurich, Berlin, Hong Kong, and Taipei. Over the next 20 years, he combined his love of law with his passion for PCs, practicing international law with a focus on technology.

In 2011, a now-famous Wired article on bitcoin captured Nathan’s interest.2 He quickly became a blockchain believer, delivering passionate presentations on bitcoin and decentralization. A few years later, he facilitated one of the first bulk purchases of bitcoin: the client, a bitcoin miner in China, needed a contract drafted. Many lawyers didn’t even know about bitcoin; few understood it. Nathan did.

To his skill stack of technology lawyer, bitcoin expert, and blockchain speaker, Nathan now added entrepreneur. He bought one of the first bitcoin ATMs, installing it in an ice-cream parlor in Taiwan. With the help of the other partners in his law firm, Nathan learned how to manage and operate the ATM with full legal compliance. Although the business ...

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