• Sat. May 21st, 2022

‘Bitcoin Jesus’ Returns to Twitter in Elon Musk’s Latest Endorsement

ByHazel R. Lang

May 1, 2022

Bitcoin Jesus is back. After a year of silence on social media, Roger Ver, who earned the nickname for his gospel-like advocacy, is the latest crypto pioneer to voice his support for Elon Musk’s takeover of Twitter.

Bitcoin Jesus is back. After a year of silence on social media, Roger Ver, who earned the nickname for his gospel-like advocacy, is the latest crypto pioneer to voice his support for Elon Musk’s takeover of Twitter.

Like many of the early cyberpunks and libertarians who took to Twitter while helping popularize crypto, Ver said in an interview that he was optimistic Musk would end “censorship” on the social media platform. Coinbase Global Inc. CEO Brian Armstrong called Musk’s planned purchase a “huge victory for free speech.”

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“It will definitely make Twitter more appealing,” said Ver, who has 742,000 followers on the site. “I’m really, really grateful that Musk is calling out censorship.”

Although still often referred to by his nickname, Ver, 43, hasn’t been a supporter of the biggest cryptocurrency for some time, as he says it’s straying from its original purpose as a as an alternative currency. And he’s not a fan of many current high-profile supporters such as MicroStrategy Inc. CEO Michael Saylor.

“He’s talking about how bitcoin is encrypted packets — it’s tech-bubble nonsense,” Ver said.

Ver is now a fan of Dogecoin, Musk’s favorite cryptocurrency. Musk called Dogecoin “the people’s crypto,” and Ver said it’s also faster and cheaper to use than Bitcoin.

“Dogecoin is definitely better,” Ver said. “It’s cheaper and more reliable. If I had to choose three suitors [for the world’s dominant cryptocurrency]they would be Doge, Litecoin and Bitcoin Cash.

Feelings are a far cry from where Ver started. After discovering Bitcoin in 2011, when it traded for less than $1, Ver would talk about cryptocurrency at MeetUps and backyard barbecues, before moving on to conference stages when Bitcoin hit the big time. moment.

He co-founded the startup now known as Blockchain.com, which in March raised funding that earned 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 it opposed in 2017, Ver switched allegiance to a split version called Bitcoin Cash, which he backed as true to the vision of the anonymous creator of Bitcoin. , Satoshi Nakamoto. Nowadays, Ver holds a multitude of coins, including Ether, Monero, XRP, among others.

“I’m definitely a cryptocurrency whale,” he said. “I’ve always had a large assorted basket of cryptocurrency. I’ve never been a bitcoin or bitcoin cash maximalist.

Bitcoin Cash had underperformed Bitcoin, which has more than tripled in value since the split in late 2017. Bitcoin Cash has a market value of around $5.8 billion, compared to Bitcoin’s around $760 billion, according to CoinMarketCap. Its value peaked right after the split and never recovered. It has fallen by more than 80% since last May.

The native American is now a citizen of Saint Kitts and Nevis. His website PassportsForCrypto.com, which uses Bitcoin Cash, helps individuals apply for citizenship in the Caribbean country.

Despite the name, his Bitcoin.com actually focuses on promoting Bitcoin Cash. The site has more than 30 million registered digital wallets, Ver said. Long offering crypto trading on its centralized exchange, Bitcoin.com is set to launch a decentralized exchange this summer, allowing people to trade with each other without intermediaries.

This month, Bitcoin.com ended the sale of a token called Verse for use on the Bitcoin.com site, with a second token sale to follow shortly. Ver expects the token to have a market value “in the billions” once it begins trading.


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