Guellord MbusaBitcoin (BTC) and all its altcoins did not emerge by chance. They owe their adoption to the hard work of popularization by its fervent defenders. Roger Ver is one of them. Like manyknown players in the crypto ecosystem, Ver is a character who arouses both admiration and hatred. He is an early supporter of cryptocurrency and startups in the crypto industry. His investments as well as his positions for bitcoin have earned him the pseudonym “Bitcoin Jesus".
Being one of the oldest crypto-investors, Roger Ver has outright acted as an evangelist on behalf of Bitcoin. However, around 2017, from Bitcoin it switched allegiance to Bitcoin Cash (BCH). Who is this really? crypto-millionaire?
A look back at the journey of a rather controversial character…
What is Roger Ver’s educational background?
Born Roger Keith Ver in 1979 in San Jose, California; he frequents the De Anza College, a community college in Cupertino from 1997 to 1999. He studied economics, mathematics and astronomy but also physics atStanford University in 1998.
While still in college, he founded the company "Memorydealers." It specialized in the resale of network equipment, transceivers, and related accessories. He dropped out of college to focus on his company, where he is CEO.
He managed his company for around ten years until 2012. At the same time, from 2004 to 2018, he founded and managed Agilestar.com, a global leader in fiber optic transceivers. In 2018, he announced that he had ended the management of his companies.
Roger Ver and his early interest in Bitcoin
Already CEO of several companies, as of 2011, however, Ver is much more interested in crypto-related projects. He claims to have discovered the Bitcoin the same year, calling it " one of the most important inventions in human history"
It must be admitted that Roger Ver can be described as a visionary. While most of us had difficulty understanding what cryptocurrency was, Ver was one of the first to integrate bitcoin payments into his business. According to some estimates, Roger Ver collected a little over 400 bitcoins when bitcoin was worth less than $000… That's how early he was… Although it is likely that Ver reduced his collection by financing multiple crypto projects, this figure gives us the orders of magnitude of his current fortune.
Indeed, the financial support of Ver is considerable in theBitcoin ecosystem. He has funded a number of popular Bitcoin projects and startups to launch. He was an early investor in a number of crypto projects, including Creak, bourse.io, Blockchain.com et Ripple. In 2012, Ver also launched Bitcoinstore.com, a platform based in Croatia that allows you to buy bitcoin and some other cryptos. For all these years, Roger Ver has continued to invest in multiple projects related to cryptocurrencies.
Roger Ver is also known for being one of the founders of the Bitcoin Foundation in 2012, a non-profit organization aimed at restoring the reputation of Bitcoin (after several scandals emerged such as the fall of MtGox).
Then, in 2015, Ver started managing Bitcoin.com, a news media that provides various services for Bitcoin and Bitcoin Cash. He remained its CEO until August 2019, when he moved to the role of executive chairman.
From Bitcoin to the creation of Bitcoin Cash: the beginning of the controversy
In his early days, Roger Ver was fiercely involved in the process of democratizing bitcoin. His efforts in this fight for popularization as well as his pioneering role in financing multiple crypto projects earned him the nickname " Bitcoin Jesus". Many saw him as an evangelist on behalf of crypto. He was known for sending out free bitcoins at conferences he held.
However, in recent years, Ver appears to have turned away from Bitcoin… In a 2017 interview, Ver explained that he was » really concerned about the future of cryptocurrency”. He lamented what he saw as too much speculative interest for Bitcoin to remain viable as a currency, saying that “ the developers destroyed » its use as a currency. For him, Bitcoin could not be the « sound money » sought after and that it had become a speculative asset more than anything else… It is from these outbursts that Roger Ver lost the support of the maxi bitcoiners (among others)…
Since then, it goes without saying that he has lost the glorious title of “Bitcoin Jesus”….
The proposal to create Bitcoin Cash
Ver aligned his views with those of a minority of crypto developers when he came out in favor of a hard fork ( in a « BIP « ) a radical change in a network's protocol that makes previously invalid blocks and transactions valid, or vice versa. The fact is that the utility of bitcoin has been damaged“, He explained.
He also pushed for an increase in the block size limit, a change he said would allow customers to pay for goods and services in Bitcoin while reducing fees.
However, he was widely criticized for this proposal. Bitcoin maximalists believe that such a move could disrupt the decentralization of Bitcoin and negatively impact transaction processing procedures.
And in fact, Ver now seems to have become more of an advocate for Bitcoin Cash, an altcoin created in August 2017. Ver also went so far as to suggest that alleged insider trading of Bitcoin Cash by the exchange platform Coinbase is a " non-crime". In 2021, he went so far as to claim that Bitcoin Cash was set to surpass bitcoin's market cap…
—>Read the full article to find out the history of Bitcoin Cash (BCH)….
Wealth, philanthropy and political sensitivity of Roger Ver
Roger Ver is regularly ranked in the list of crypto millionaires. In any case, he was one of the people who owned the most bitcoin (cf » the whales »). Although his net worth is difficult to assess due to the fact that he runs a private company. Additionally, much of his wealth is tied to cryptocurrencies that fluctuate very quickly. Nevertheless, as of May 2021, his fortune has been estimated at around $550 million.
Ver also claims to be a " philanthropist " like Bill Gates. (We could also have mentioned Sam Bankman Fried who claimed to belong to effective altruism before the fall of FTX…).
In late 2013, he donated more than $XNUMX million in bitcoin to the Foundation for Economic Education, a libertarian think tank. In 2021, Ver donated an additional $2 million in Bitcoin Cash to the same organization.
Ideologically, Roger Ver identifies as a liberal capitalist. In 2001, he ran for the California State Assembly as a member of the Liberal Party. For some crypto-skeptics, this sheds a sinister light or at least a justification on its interest in cryptocurrencies, decentralized currencies because they are not issued and controlled by any government.
It should also be noted that his personality has been judged as arrogant on several occasions on social networks, such as on Twitter, where he was very present. For example, he was at the origin of the "bitshaming" towards another bitcoin evangelist " Andreas Antonopoulos. The " bitshaming » is to make fun of a person because of the small amount of bitcoin or crypto they own…
News from Roger Ver:
Born in California, Roger Ver is now a resident of Japan. He has had a considerable impact on the history of bitcoin and cryptocurrencies; it is undeniable. He was also one of the most famous crypto-evangelists and certainly participated in making bitcoin known to more and more people. He was one of the first crypto investors and one of the first to launch businesses related to Bitcoin. Convinced of the revolution that Bitcoin would bring, he made his vulgate a personal mission to the point of earning the pseudonym of "Bitcoin Jesus". It is a story made of deep convictions, passions and tensions.
In 2017, however, the multi-millionaire Bitcoin lawyer switched his allegiance to Bitcoin Cash. This change as well as his libertarian views make him a somewhat controversial figure...
Increasingly in trouble with United States government authorities, in 2014, Ver renounced his American citizenship and became a citizen of Saint Kitts and Nevis ( Saint Kitts and Nevis in French). Roger Ver has, in fact, followed a process of the citizenship program by investing in the country's economy (in real estate for example). He thus obtained a passport B and also avoids The taxes from his native country...
Moreover, Roger Ver has a rather significant impact on the island. Indeed, on November 13, 2022, the Prime Minister of Saint Kitts and Nevis declared that the country would make Bitcoin Cash, legal tender from March 2023…
It’s a decision that can certainly influence the price of BCH, but is it enough to rally the crypto community? Who knows?
For further :
->Bitcoin Cash (BCH): What is the history of this crypto, which derives from BTC?
Note: No financial advice is given in this or any other article on zonebitcoin. This is information of which you are the sole judge and master. Be responsible with your investments and only invest as much as you are willing to lose.
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