Bitcoin Jesus has returned. Roger Ver, who acquired his moniker for his evangelical-style defense, is the latest crypto pioneer to announce his support for Elon Musk’s acquisition of Twitter after a year of quiet on social media.
Bitcoin Jesus has returned. Roger Ver, who acquired his moniker for his evangelical-style defense, is the latest crypto pioneer to announce his support for Elon Musk’s acquisition of Twitter after a year of quiet on social media.
In an interview, Ver expressed his optimism that Musk would abolish “restriction” on Twitter, similar to many of the early cyberpunks and libertarians who used the social media site to help promote cryptocurrencies. Musk’s impending acquisition, according to Coinbase Global Inc. CEO Brian Armstrong, is “a big triumph for free expression.”
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“It will undoubtedly make Twitter more appealing,” added Ver, who has 742,000 Twitter followers. “I am quite happy that Musk is speaking out against censorship.”
Despite the fact that he still goes by the pseudonym Ver, the 43-year-old hasn’t been a backer of the world’s biggest cryptocurrency in a long time because he believes it has drifted from its original goal as an altcoin. Many of today’s high-profile champions, like as MicroStrategy Inc. CEO Michael Saylor, aren’t his fans.
“Talk about Bitcoin being encrypted packets is just bullshit,” Ver remarked.
See has become a supporter of Dogecoin, Musk’s preferred cryptocurrency. Dogecoin is “the people’s crypto,” according to Musk, and it’s also quicker and less expensive to use than Bitcoin, according to Ver.
“Dogecoin is a lot better,” Ver said. “It’s less expensive and more dependable.” Doge, Litecoin, and Bitcoin Cash would be my top three candidates for the world’s most popular cryptocurrency.”
Ver’s feelings are a long cry from where he started. Ver began speaking about cryptocurrencies at MeetUps and backyard barbecues after finding Bitcoin in 2011, when it was trading for less than $1, before going on to conference stages after Bitcoin became popular.
He co-founded the company that is now known as Blockchain.com, which received financing in March and was valued at $14 billion. According to him, he was an early investment in payment processor BitPay and cryptocurrency business Ripple.
Ver shifted allegiance to a distinct version dubbed Bitcoin Cash, which he has praised as loyal to the idea of secretive Bitcoin founder Satoshi Nakamoto, after the Bitcoin network underwent a software update that he rejected in 2017. Ver currently possesses a significant amount of currencies, including Ether, Monero, and XRP.
“I’m still a crypto whale,” he said emphatically. “I’ve always had a diverse portfolio of cryptocurrencies. “I never considered myself a Bitcoin or Bitcoin Cash maximalist.”
Since the split in late 2017, Bitcoin Cash has outperformed Bitcoin, which has quadrupled in value. According to CoinMarketCap, Bitcoin Cash has a market value of $5.8 billion, compared to $760 billion for Bitcoin. Its value reached an all-time high shortly after the separation and never recovered. Since May of last year, it has dropped by more than 80%.
The native of the United States is now a citizen of St. Kitts and Nevis. His Bitcoin Cash-based website PassportsForCrypto.com assists individuals in applying for citizenship in the Caribbean island.
Despite its name, Bitcoin.com is primarily concerned with the promotion of Bitcoin Cash. According to Ver, the service has over 30 million digital wallets registered. This summer, Bitcoin.com, which has long enabled cryptocurrency trading on its controlled exchange, will launch a decentralized exchange, enabling users to trade directly with one another.
This month, Bitcoin.com completed the sale of Verse, a token that can be used on the Bitcoin.com website, with a second token sale on the way. When the coin goes live, Ver anticipates it to have a market worth “in the billions.”
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