During 2011, Roger Ver, the current Executive Chairman of bitcoin.com purchased $25,000 worth of bitcoin when they were selling for approximately $1 each.
In today’s terms, these bitcoins are valued at approximately $179,139,250, hence the nickname, “bitcoin Jesus.” Now, Ver believes that bitcoin cash will surpass the market cap of bitcoin.
Ver is also the founder of bitcoin cash and the bitcoin foundation, making him somewhat, bitcoin royalty. However, Ver’s road to success hasn’t been entirely straightforward:
- Politics: Ver attempted to enter politics and run for the California State Assembly as a candidate in 2000 for the Libertarian Party.
- Firecrackers: In 2002, Ver sold firecrackers on eBay and failed to consider the laws around them.
- US citizenship: During February 2011, Ver made the decision to renounce his US citizenship. But, it wasn’t until 2014 that he was able to get a new citizenship.
Evidently, Ver is not one to shy away from controversy. And in this exclusive interview, Ver opens up about being trolled online, his opinions on the government and shares new insight into what he’s currently working on.
Question: Tell me about your experiences with online trolling
I’m not sure of the exact definition of trolling, but I will assume it is something along the lines of cyberbullying.
Many people on the internet have tried to tell lies about me but for the most part, none of it bothers me as I have confidence in myself and my abilities.
One example is of a person who spent a substantial amount of time to write a long post on Reddit that I would consider trolling.
My response was to debunk each and every point that the author attempted to make. So, I created a YouTube video to talk openly about the trolling.
Question: What is the government’s current stance on crypto?
Every government has a different stance, and many people within a single government will have different stances as well. I’m much more concerned with what is right and wrong than with what is legal or illegal.
Question: What is your current stance on cryptocurrency as an investment vs. a currency?
I think the usefulness as a currency is what enables it to become a good investment. If it isn’t useful in commerce, it isn’t useful as a store of value. The “bitcoin core camp” seems to have never understood this fact to begin with.
Question: How is bitcoin cash impacting the world?
Bitcoin cash allows anyone to send or receive any amount of money, with anyone, anywhere, instantly, basically for free, and they don’t need permission from a bank or government to do so.
That is the elevator speech I’ve been giving since 2011 and it is still true about bitcoin cash today. This is no longer true about bitcoin.
Question: Are there any new developments that you’re working on?
- We just announced a deal where HTC is preloading the bitcoin.com bitcoin cash wallet into every new Exodus 1 phone they ship. We have several more similar deals with even larger companies in the works. These are brands that are recognized by everyone on the planet, and soon, all their devices will come pre-installed with bitcoin cash wallets.
- Who will be the first group to have a non-government sanctioned IPO, and pay their worldwide shareholders anonymous dividends over the internet? Only bitcoin cash has this tool. We just launched our SLP Dividend Calculator which enables permissionless peer-to-peer shares to receive dividend payouts through anonymous bearers. Nothing like this has ever existed before in human history and I’m sure it is going to set off a tidal wave of innovation.
Question: Do you have any price predictions for bitcoin cash?
Bitcoin.com is partnering with more household names to bring bitcoin cash usage to actual commerce for real people and real businesses. As that adoption of BCH-based commerce grows, so will its market cap. Eventually it will surpass the market cap of BTC that is only viewed as a speculative asset at this point.