Bitcoin Jesus is back. After a year of social media silence, Roger Ver – who has earned the nickname for his evangelical advocacy – is the latest crypto-pioneer to express his support for Elon Musk’s takeover of Twitter.
Like many of the early cyberpunks and libertarians who took to Twitter while helping to popularize crypto, Ver said in an interview that he is optimistic that Musk will end “censorship” on the social media platform.
Brian Armstrong, CEO of Coinbase Global Inc., called Musk’s planned acquisition “a big win for free speech.”
“It will definitely make Twitter more attractive,” said Ver, who has 742,000 followers on the site. “I’m really grateful that Musk is calling for censorship out there.”
Today has been a whole year since my last tweet.
Think about how fast time goes.
– Roger Ver (@rogerkver) 26 April 202
Although he is still often referred to by the nickname, Ver (43) has not been a proponent of the largest cryptocurrency for some time because he says it has deviated from its original purpose as an alternative currency. And he’s not a fan of many of the current high-profile proponents like Michael Saylor, CEO of MicroStrategy Inc.
“He’s talking about how Bitcoin’s encrypted packets are – this’s techno-bubble nonsense,” Ver said.
Far is now a fan of Dogecoin, Musk’s favorite cryptocurrency. Musk called Dogecoin “the people’s crypto,” and Ver said it was also faster and cheaper to use than Bitcoin.
“Dogecoin is significantly better,” Ver said. “It is cheaper and more reliable. If I had to choose three contenders [for the world’s dominant cryptocurrency]they would be Doge, Litecoin and Bitcoin Cash.
The sentiments are far away from where Far began. After Bitcoin was discovered in 2011, when it traded for less than $ 1, Ver would continue with the cryptocurrency at MeetUps and backyard braais, before moving on to the conference stages when Bitcoin reached its heyday.
Keynote speakers at Bloomberg Invest Asia event: Roger Ver
He co-founded the startup now known as Blockchain.com, which raised funding in March giving it a $ 14 billion valuation. He was an early investor in payment processor BitPay and crypto-startup Ripple, he said.
When the Bitcoin network underwent a software upgrade he opposed in 2017, Ver faithfully switched to a cut-off version called Bitcoin Cash, which he supported as true to the vision of Bitcoin’s anonymous creator, Satoshi Nakamoto. Nowadays, Ver holds a string of coins, including Ether, Monero, XRP, among others.
“I’m definitely still a cryptocurrency whale,” he said. “I have always had a wide variety of baskets in cryptocurrencies. I was never a Bitcoin or Bitcoin Cash maximizer.”
Bitcoin Cash underperformed with Bitcoin, whose value has more than tripled since the separation in late 2017.
Bitcoin Cash has a market value of about $ 5.8 billion, compared to about $ 760 billion for Bitcoin, according to CoinMarketCap. Its value peaked after the split and never recovered. It is down by more than 80% since last May.
The American native is now a citizen of St. Louis. Kitts and Nevis. Its PassportsForCrypto.com website, which uses Bitcoin Cash, helps individuals apply for citizenship of the Caribbean country.
Despite its name, its Bitcoin.com actually focuses on promoting Bitcoin Cash. The site has more than 30 million registered digital wallets, Ver said.
Bitcoin.com, which has a long offering of crypto trading on its centralized exchange, is expected to launch a decentralized exchange this summer, enabling people to trade with each other without intermediaries.
This month, Bitcoin.com ended a sale of a token called Verse to be used on Bitcoin.com website, with a second token sale coming soon.
Far expect the token to have a market value “in the billions” once it starts trading.
(Except for the headline, this story has not been edited by techlives staff and is being published from a syndicated stream.)