Roger Ver was introduced to Bitcoin, the first decentralized digital currency, seven years ago. Ever since that day, he has maintained that BTC is one of history’s most important inventions, falling just behind the Internet. A Bitcoin Cash advocate, Ver was an early investor in Bitcoin startups. He is the CEO of Bitcoin.com and is one of the founders of The Bitcoin Foundation.
Roger Ver was born in Silicon Valley in 1979, and went to De Anza college in San Francisco. In an article submitted by Ver, he explained how he read the book Socialism in Junior High, and came to the conclusion that the government could never succeed in making an efficient economy when compared with the free market. In 1999, he founded Memory Dealers, and later dropped out of college to purse his interest in business. In 2000, at 20 years old, Ver became a Libertarian candidate for the California State Assembly. However, his political career was short-lived as he was sent to federal prison for ten months in 2002. According to the Department of Justice, he was “dealing in explosives without a license” — Ver was charged for selling firecrackers on eBay. After completing his sentence in 2005, he moved to Tokyo. He continued to work as the CEO and President of Memory Dealers until 2012. He became a Kittitian / Nevisian after renouncing his American citizenship in 2014.
Roger Ver & Bitcoin
Ver discovered Bitcoin in 2011, and being a voluntaryist, he instantly became an avid supporter. Under his direction, Memory Dealers became one of the first companies to accept Bitcoin as a payment system. In 2011, he even placed a bet for $10,000 that said, “Bitcoin will outperform the US Dollar, Gold, Silver, and the stock market by over 100 times over the next two years.” Ver started investing in BTC when it was only worth $1. He also seed funded Bitcoin startups including The Bitcoin Foundation, CoinLab, Kraken, Ripple, and Blockchain.info. Ver’s continuous support towards Bitcoin has earned him the title of “Bitcoin Jesus”.
Ver became the Chairman of the Cryptocurrency Advisory Board and a member of the Cryptocurrency Advisory Board at MGT Capital Investments, Inc. in 2016. He believes Bitcoin Cash, the result of a hard fork of Bitcoin in 2017, is the true Bitcoin.
Awards & Achievements
- Co-founder of the Bitcoin Foundation
- Investor: BitPay, Ripple, Blockchain.info, Kraken, Purse
- One of the top 10 Bitcoin Millionaires
On Governments and the Economy:
“I became frustrated that anyone who spends the time to study economics can learn that nearly everything the government does makes the world a poorer place and that people, especially the poor, would be much better off if everyone were simply allowed to do anything that is peaceful.”
“Price is the least interesting thing about Bitcoin.”
On renouncing his citizenship:
“I actually am philosophically opposed to the very concept of citizenship … I think all human beings, regardless of where they happened to have been born, have an equal right to travel the planet.”
On being a voluntaryist:
“I like to call myself a voluntaryist. That means that I think that all human interaction should be on a voluntary basis. And that nobody should be able to use force or fraud in any human interaction whatsoever.”