Roger Ver recently spoke at the Webx seminar in Tokyo, where he shared his insights on various aspects of the crypto world. When asked about being referred to as a “bitcoin evangelist” or “Bitcoin Jesus,” Ver preferred to be called by his name, Roger. He discussed the progress of crypto over the past decade, acknowledging that while there has been significant advancement, it was not as rapid as he initially anticipated. Ver referred to Ray Kurzweil’s idea, stating that people tend to overestimate short-term progress but underestimate long-term progress in the crypto space.
Ver also addressed the direction of Bitcoin (BTC) and its loss of utility due to high transaction fees. He asserted that “Bitcoin Cash is the original Bitcoin,” citing its adherence to the principles outlined in the Bitcoin white paper. He emphasized the importance of cryptocurrencies’ underlying utility for payments and criticized BTC for being treated as a speculative asset rather than a means of peer-to-peer payments.
In response to concerns about the impact of FTX’s collapse on cryptocurrency investors, Ver pointed out that such incidents are not new and have also occurred in traditional finance. He stressed the significance of self-custody of cryptocurrencies and the importance of scalable chains with low fees to enable individuals to have control over their funds.
Ver urged people to stand up for what they believe in and not blindly obey regulations that they deem unjust. He compared the role of lawbreakers in pushing for positive change to his experiences with cannabis-related laws during his time in federal prison. Ver emphasized that the adoption of cryptocurrencies is still in its early stages and called on the audience to spread awareness and understanding of cryptocurrencies’ benefits over government-issued currencies.
Overall, Ver’s talk at Webx Asia covered various topics, including the progress of crypto, the importance of self-custody, the evolution of Bitcoin, the role of cryptocurrencies in payments, and the need to challenge unjust regulations for a better world.
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Frequently Asked Questions (FAQs) about crypto insights
What topics did Roger Ver cover in his talk at Webx Asia?
Roger Ver discussed various topics, including the progress of crypto over the years, the importance of self-custody for cryptocurrencies, his view on Bitcoin (BTC) and its loss of utility, the role of darknet markets in early Bitcoin adoption, and the impact of the FTX collapse on crypto investors.
What did Roger Ver say about the progress of crypto?
Ver noted that the crypto space has made significant progress, but it didn’t happen as quickly as he initially anticipated. He referred to Ray Kurzweil’s idea, stating that short-term progress is often overestimated while long-term progress is underestimated.
Why does Roger Ver think Bitcoin Cash is the original Bitcoin?
Ver believes that Bitcoin Cash is the original Bitcoin because it adheres to the principles outlined in the Bitcoin white paper. He also criticized BTC for being treated as a speculative asset rather than a peer-to-peer payment system.
What was Ver’s stance on the importance of self-custody?
Roger Ver emphasized the critical importance of self-custody for cryptocurrencies. He mentioned that having control over one’s funds through self-custody is vital in safeguarding assets, especially considering past incidents like the collapse of FTX.
How did Ver connect crypto regulations to lawbreakers and progress?
Ver mentioned that challenging unjust regulations and advocating for change is essential for progress. He drew a parallel to his experiences with cannabis-related laws during his time in federal prison, highlighting the role of lawbreakers in driving positive change.
What was Ver’s call to action for the audience?
Ver urged the audience to spread awareness and understanding of cryptocurrencies’ benefits compared to government-issued currencies. He encouraged people to stand up for what they believe in and push for a better world with decentralized currencies.
More about crypto insights
- Webx Asia
- Roger Ver’s Twitter
- Bitcoin White Paper
- Ray Kurzweil’s Ideas
- Bitcoin Cash (BCH)
- FTX Exchange
- Chainalysis Japan
- Tokyo International Forum
- Censorship Resistance
- Darknet Markets
- Crypto Regulations
- Decentralized Currencies
5 comments
wow, roger ver really knows his stuff about crypto. he talked about bitcoin, crypto payments, and btc losing its usefullness. interesting stuff!
fascinating insights! never knew darknet markets played a role in early bitcoin use. ver’s right, self-custody’s crucial for control over funds!
cool! roger ver mentiond ftx, mt gox, and others. crypto has ups and downs like trad finance. imp to spread awareness bout crypto benefits!
luv the idea of self-custody, it’s imp for protectin’ our funds. btc cash be original bitcoin? hmm, gotta look into that more!
great call to action by roger ver. push for change, stand up against bad rules. we need more lawbreakers to make progress happen!