Roger Ver Speaks Out After Almost Two Years

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Written by

Pantera

Bitcoin Is Cash

11 months ago

Topics: Bitcoin Cash, BCH, Roger Ver, The Bitcoin Cash PODCAST

Restricted by a non-disclosure agreement with Coinflex, Bitcoin OG Roger Ver was unable to publicly defend himself against serious accusations made by the Coinflex CEO.

However, after the CoinFlex incident ended with a positive outcome for Ver, he had the opportunity to discuss this topic (and more) with The Bitcoin Cash Podcast.

Besides Coinflex Mark Lamb and smartBCH, Roger Ver discussed interesting details including his current strained relationship with Jihan Wu, Craig Wright, Amauri, Ordinals, the Lightning Network, and the recent vindication of big blockers on the topic of scaling Bitcoin.

In addition, Ver also discussed Bitcoin Cash and the new features brought by the CashToken upgrade, such as smart contracts and tokenization, as well as the significance of the privacy tool Cashfusion and other positive developments.

The discussion with Jeremy from The Bitcoin Cash Podcast lasted almost two hours, and for anyone interested in learning more about these topics, I highly recommend watching the whole episode.

We have included The Bitcoin Cash Podcast episode in this content and highlighted some noteworthy topics discussed.

Watch The Full Interview On The Bitcoin Cash Podcast:

Roger Ver is one of the earliest Bitcoiners, one of the earliest Bitcoin evangelists who brought thousands of people to Bitcoin.

His company (Memory Dealers) was the first one that started accepting Bitcoin, and he also proceeded to fund and get involved with almost every project and company in the very early days of Bitcoin and cryptocurrency.

Ver supported people and funded crypto businesses like Kraken Exchange and Blockchain.com and cryptocurrencies like Ripple and ZCash.

Roger Ver is an angel investor in the crypto domain, and because of his influential personality and success in assisting the field with merchant and user adoption, the Bitcoin community dubbed him Bitcoin Jesus.

However, not many know that Roger Ver never liked that nickname.

Actually, the people who benefited the most from Ver’s activities immediately turned their backs on him for not supporting the Blockstream agenda.

Another misconception that some circles spread is that Roger Ver created Bitcoin Cash. Roger Ver did not immediately support Bitcoin Cash, but only months later (in November 2017, after Segwit2X was canceled).

With Roger’s support, Bitcoin Cash became a massive threat not to Bitcoin but to the private company that had earlier captured Bitcoin’s developments.

Remarks:

Coinflex

We knew that Roger Ver had an NDA (Non-disclosure agreement) with Coinflex, and so had Marc Lamb and other participants.

We also watched Marc Lamb ignoring the NDA and going public while attempting to make a case in favor of his exchange. Roger Ver described how Marc Lamb broke the agreement as he had nothing to lose, while Roger had to take a cautious approach as his wealth could be at risk.

This incident serves as further evidence of Coinflex resorting to dishonest methods.

It was rumored that Coinflex had settled their differences with Roger Ver, so now we get a clarification from Roger Ver.

Jihan Wu

Jihan Wu is a Bitcoin billionaire (probably the first to reach this status), having achieved a vast fortune from the mining company he confounded since the early Bitcoin days, Bitmain, the main hash rate provider for Bitcoin with pools that controlled for years more than 50% of the total hash rate.

Jihan supported scaling Bitcoin on-chain and is a major supporter of Bitcoin Cash.

Despite his departure from Bitmain, Jihan remains one of the most powerful individuals in Bitcoin.

Jihan and Roger Ver used to share a strong bond of friendship, but the Coinflex incident caused a strain in their relationship.

During the Podcast, Roger Ver noted that Jihan’s platform Matrixport is withholding money that belongs to him and demanded several times the release of these funds.

Roger Ver did not specify the amount of funds Matrixport withholds, but he did mention it was significant (according to the Block, the amount withheld by Matrixport is $8 million).

Matrixport did not make any new public announcement on the matter besides its previous official position (read: the Block).

In Conclusion

Roger Ver offered insight on several topics in a podcast episode that Jeremy and Jett organized and handled perfectly.

Coinflex is a chapter Bitcoin Cash has moved past but will not forget. Instead: Similarly, smartBCH was unsuccessful due to the trust requirements on a centralized exchange that did not warrant trust.

The ideal scenario is for Jihan Wu and Roger Ver to discuss terms and reach an agreement, given the favorable circumstances in the cryptocurrency domain.

Bitcoin Cash will need the support of both, especially during a time when the narrative is turning in favor of the big blockers for the first time since 2017.

A 2024 cryptocurrency rally and conditions for mass adoption are better than ever, so the time is right for unity, partnerships, and planning.