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"Bitcoin Jesus" Roger Ver to Spend $200M Fund for Bitcoin Cash Ecosystem

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  • Vladislav Sopov
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    Roger Ver, the Father of Bitcoin Cash, announced his plans to spend $200M on developing an ecosystem at a regular meetup in London.

Bitcoin Jesus Roger Ver To Spend $200M Fund For BCH Ecosystem
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As blockchain technology matures, the global community recognizes that the success of a cryptocurrency depends on two factors - the number of people who own it, and the popularity of the various commercial tools. Thus, the question of community development is now of paramount importance for all major blockchain teams.

Further Funding for Better Bitcoin

Roger Ver, an early Bitcoin (BTC) and famous Bitcoin Cash (BCH) promoter, shared his plans on developing a BCH ecosystem at yesterday's Bitcoin Cash Meetup in London.

Mr. Ver started his passionate speech with demonstrating how BCH could be utilized in a real-world economy. He concluded that BCH has achieved everything as a decentralized peer-to-peer equivalent of cash, becoming the most "Satoshi Vision" cryptocurrency.

The most exciting part of Mr. Ver's presentation was his plans for the development of an ecosystem. During the meetup, Mr. Ver announced that Bitcoin.com launched a $200M fund in support of the BCH ecosystem. This initiative will primarily focus on investing in businesses that use BCH. Roger Ver was slightly pretentious when he said that the final outcome of BCH is for everyone to have financial freedom.

Fast Transactions, Mass Adoption

Roger Ver has stated on numerous occasions that BCH is widely used in real-world situations due to the high-speed nature of this blockchain technology. The quantity of businesses that have implemented BCH is greater than any other cryptocurrency.

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BCH is a fork of Bitcoin Core. This occurred on August 1st, 2017 as a solution to the BTC scalability problem. It utilizes different block sizes and operates much faster than its predecessor.

$200M in funding sounds really exciting, but will it really boost mass adoption? How will it deal with the regulations? Share your opinions on Twitter!

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About the author

 Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockhain. Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

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Ethereum’s Vitalik Buterin: Fiat Money Will Not be Destroyed

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  • Vladislav Sopov
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    Vitalik Buterin, Co-Founder of the Ethereum Foundation and “father” of Ethereum, sat down with Eric Weinstein on The Portal podcast to discuss “old” and “new” economics.

Vitalik Buterin, Ethereum: Fiat Money Will Not Be Destroyed
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Two intellectuals, Vitalik Buterin (Creator of Ethereum), and Eric Weinstein (PhD, scientist, and Managing Director at Thiel Capital), recently sat down on The Portal to discuss Mr. Buterin's attitude towards the "classic" economics theory.

Libertarianism and Diversity

When both individuals discussed libertarianism, Vitalik Buterin said that libertarians mostly belong to two large groups characterized as either a "leave me alone'" or "conquer the world" approach. This divergence can be extrapolated into cryptocurrencies in terms of their mass adoption.

Mr. Buterin highlighted that there are participants within the crypto community that are assured that fiat currencies will be destroyed and replaced by Bitcoin (BTC). In general, Mr. Buterin estimated that the prospects of any "short-term disruption" for the sake of some "nebulous long-term gain" is skeptical. He said:

I'm definitely not in the camp that actively relishes that fiat currencies will be destroyed. 

Mr. Buterin added that several members within the Bitcoin community share this belief.

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Peaceful Coexistence

Vitalik Buterin predicts that Bitcoin and other cryptocurrencies will coexist with fiat money and balance the disadvantages of the classic monetary system. He also added that cryptocurrencies will provide "checks and balances" against a government monopoly on "issuing money" rather than "replacing it entirely".

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Mr. Buterin is well-known as a champion of pluralism in future world of cryptocurrency. He is sure that different communities will defend their views on its development.

Will crypto one day replace fiat money? Tell us your opinion on Twitter.

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About the author

 Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockhain. Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

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