hi everybody Rod here from Dash
digital cash Brazil we're in Anarchpulco
Mexico Acapulco and today I have the
pleasure to interview the biggest name
in Bitcoin in the world today Roger Ver
welcome to the program. Thank You, it is a
pleasure to meet you and I want to start
on a positive note saying that I've got
into Bitcoin around 2014 after following
and and finding some videos of you on
on YouTube talking about Bitcoin &
cryptocurrencies today the entire
cryptocurrency ecosystem and I'm talking
about Bitcoin core Bitcoin cash Dash Digital
cash Ethereum we wouldn't be where we
are today if it wasn't for your initial
investment and and how you believe into
this new technology that would change
how we organize societies and for that
we must pay you always pay the maximum
respect to you and I thank you for that. thank
you
so Roger today what is the biggest
advantage for us regarding understanding
the truth vision of Satoshi Nakamoto
once we talk about Bitcoin cash
so I don't think it's the fact that it's
Satoshi's vision that that's important I
think it's the fact that we have the
empirical evidence showing that it works
and before the invention of Bitcoin I
had my back educational background was
in economics so I had all this evidence
from books mainly and some empirical
evidence as well so it's a whole other
story
that I knew people were gonna start
using Bitcoin as money and so the
economic formula that the original
Bitcoin had I knew people were gonna
start using as money so my goal was to
go out there and build all the tools to
make it easier
for people to start using it as money
and sure enough with that economic
formula Bitcoin became this worldwide
phenomenon that it is today and Bitcoin
core today has veered off of that
economic code onto something else that
all of my educational background tells
me isn't likely to work and so the
original code economic code for Bitcoin
is that the transactions were fast cheap
and reliable and we thought private now
Bitcoin core has the exact opposite they
want to be slow expensive and unreliable
well we have you know 7 or plus years 8
plus years of empirical evidence on
Bitcoin knowing that it works incredibly
well when the transactions are fast
cheap and reliable and people start
using it all over the world
I'm not bullish on the future of Bitcoin
core I'm incredibly bullish on the
future of Bitcoin cash because it has
that same economic hype that led to it
becoming his success in the first place
and so the important part isn't that
it's satoshi's vision because this is
what Satoshi wrote in the white paper
the important part is that we know that
it works and if something works that's
what counts you can wish something else
works all day long but if it doesn't
work it doesn't work and at no point in the
white paper he says anything about
blockchain this was a word created by
the media and also the the increase of
the block size was on the white paper
that it should have come once the block
gets full automatically move forward and
increase the block
size so today how how important it is to
understand this fight
that they're holding
Bitcoin core to actually making money
out of transactions because it is quite
simple to increase the block size and
move to two megabytes like Dash Digital Cash 90 00:03:17,440 --> 00:03:21,310 over but your big fan and we're gonna
talk about that in a while Dash took 24
hours on a voting system to decided
let's increase the block size and then
and and Bitcoin core has been holding
this back because there's a large group
of miners making money out of this how
this will actually decrease the
credibility of the ecosystem for Bitcoin
core and of course give space for
Bitcoin cash Dash Digital Cash and other
crypytocurriencies with a serious project I
think the credibility has already been
damaged we watched bitcoins market share
plummet from 98 percent down to around
30 something percent at the moment low
30 something percent and in my book
that's been incredibly damaging so a
couple of years ago there certainly
wouldn't have been a you know any other
cryptocurrencies here displaying it that
on our control but would have only been
Bitcoin but now we have dashe here
Komodo is here Pivix is here there's a
bunch of them here and that's great
that's fine but if Bitcoin have just
been allowed to scale there wouldn't
have been a need for - or any of these
other ones it could have all been done
on top of Bitcoin and yet some of these
Bitcoin core supporters still don't see
see the lost opportunity that they had
with Bitcoin I think the worldwide
adoption of cryptocurrency has been
delayed by several years because of this
infighting within Bitcoin over the
scaling and I'm glad now we have Dash and a
thousand and one other cryptocurrencies
out there because at the
of the day the best one is going to win
that's the most useful for the most
number of people around the world but
life is short I wanted these benefits
they're gonna be brought to the world by
cryptocurrencies to come today not
several years from now and I feel like
we could have been several years into
the future already today in
cryptocurrency adoption how we not run
into this scaling debate with Bitcoin is
it time to stop being nice and start
pointing fingers to people and say
listen you guys are the ones
manipulating this in order to make money
on transactions it slow down this system
is is there possibility that there's a
system behind like the banking system
manipulating Bitcoin core and then
trying to keep this and Bitcoin cash
is in a way that it's way faster way
cheaper to use and it's working
perfectly
yeah I don't know how much good
finger-pointing and name-calling does
the Bitcoin core supporters main
argument against Bitcoin cash is to call
it a funny name b- cash but calling
Bitcoin cash be cash isn't an argument
against the usefulness of Bitcoin cash
all you need to do to figure it out is
go and use some it works in you know
Bitcoin real cash transactions are fast
cheap and reliable Bitcoin core
transactions are slow expensive and
unreliable you don't have to be a rocket
scientist to figure out which version of
Bitcoin is going to be more useful to
more people around the world and we're
seeing that happen day after day week
after week the the rate of Bitcoin cash
growth is far outpacing the rate of
Bitcoin core growth and let's talk a
little bit about Dash Digital Cash I know
you're big fan how important is the
ecosystem of Dash on your point of view
have been 45 percents of the value of
the coins just mind going to the
masternodes forty five percent going to
the miners and ten percent for Treasury
where the money will be reinvest
to the cryptocurrency in order to create
more value I think the fact that dash
has gotten so popular so quickly all
over the world is a combination of two
factors one is the Bitcoin scaling war
and then the other is that this is a
fantastic system that seems to be
working very well there's a lot of
empirical evidence now that shows that
sending some of the funds to this
promotion organization within Dash which I
think the total monthly budget now is
well into the millions of dollars
yeah it's between four to six million
dollars that's huge right four to six
million dollars a month can buy you a
lot of advertising and we're seeing that
I'm Dash it's growing all over the world
because of that that's really really
impressive I I'm skeptical that the
total marketing budget for all the
Bitcoin companies both Bitcoin core and
Bitcoin cash I doubt it's that big per
month to be honest so you guys have a
bigger you know you guys know I own some
Dash as well so good good Dash community the Dash
community has a bigger marketing budget
than the the Bitcoin community and why
is Dash popular because the transactions
are fast cheap and reliable and I hope
they're private but I I'm a little bit
skeptical as to just how private Dash
transactions are and one of the really
dangerous things is when you think your
transaction is private it's not so
everybody out there in both Dash and
Bitcoin world be very very careful if
you think you're making a private
transaction don't don't don't feel
overly confident in that what my channel
actually from Brazil actually I
presented proposed asking funds for dash to
actually present dash digital cash in a
brand new market in Portuguese it's
being working extremely well and so on
the side of Bitcoin cash now so who
sponsors Bitcoin Cash
where the money comes from to to pay for
conferences for the giveaways the
marketing how is this being done inside
Bitcoin captured at home so almost all
of its just from the most of the
supporters are Bitcoin cash or early
Bitcoin supporters like myself I've been
involved since February of 2011 Bitcoin
cash is this the speech that I've been
giving about Bitcoin since 2011 is the
same one that I give today it currently
is accurate when describing to coin cash
not Bitcoin core but where does all the
money come from it's all the early
adopters like me and the people running
businesses and the people that actually
care about this so that's that's where
it's coming from it's people that
genuinely care and want to see
cryptocurrencies improve the entire fund
you'll notice that there's a whole bunch
of hostility from Bitcoin core
supporters it gives to every other coin
they don't just take Bitcoin cash they
hate Dash they hate Ethereum they do
everything that's not Bitcoin core
whereas you'll see Bitcoin cash people
and Dash people in deterring people they're
fine like little a thousand flowers
bloom right everybody can try whatever
experiment you want there is room for
everybody so don't try and tear down
your opponents try and build the best
possible cryptocurrency you can and
that's what the Bitcoin cash community
are doing and I think part of why
there's so much hostility between
Bitcoin core and Bitcoin cash
specifically is that Bitcoin core team
is on the completely different roadmap
than what the original version of
Bitcoin was so if you want to try some
completely different experiment with a
totally different economic code that's
fine more power to you but don't steal
the brand name that Bitcoin originally
had and that's why I think a lot of
Bitcoin cash people are so upset and the
Bitcoin core people are upset with
Bitcoin cash people but all the Bitcoin
cash people I know love Dahs love Monero
love Ethereum take your pick
well we're not even at one trillion
dollar market cap in the entire
ecosystem which is a very it's a very
small fraction comparing to gold market
cap or to the entire a bonds market or
the entire banking system so it is
essential for the cryptocurrency
communities to actually stick together
and support each other and then create
and develop new ideas and Roger one
question kind of personal you were a
self-made millionaire before Bitcoin
you you understood this before anybody
else you invested personal money you
invested this you keep invest and
spending your money your personal money
to make this project work in a global
scale what's the true ideology that
drives you to actually do this and not
just say you know what I have enough
money I could have buy a private island
my jets and my cars and I'm out of here
yeah for for me it's it's it's not about
making a bunch of money it's about in
making the entire world a better place
because I want to live in a world that's
a better place and then when I look
around the world the thing that I really
see being a problem the world is that
you have these small groups of people
bossing everybody else around and these
small groups of people act like we know
what's best for everybody you're going
to obey us and if you don't obey us
we're going to hurt you that's craziness
that's madness that sort of thing needs
to stop and I see cryptocurrencies as a
tool to empower individuals on every
country in the planet to have complete
control of their own lives and just
strip away the power from these
individuals that want to boss everybody
else around so
Bitcoin and cryptocurrencies are about
empowering the individuals so if you
believe that each individual owns their
own life I think I own my own life and
you own yours and the cameraman owns his
and everybody listening to this owns
their lives if you own your own life you
don't need some politician in some
far-off land to boss you around any more
than you need a mugger on the street
corner to demand your money and crypto
currencies empower the individuals to
have control of their own lives and not
need the politicians to boss them around
anymore for me that's what's exciting
and that's why I got involved originally
and that's why I'm still involved today
and that's why I'm still spending my
money to promote these ideas what's the
future now for Roger Ver what are you
working on that you you want to
implement that you want to actually
share the idea so the main thing I'm
still working on is implementing triplet
currencies being able to be used by
everyone all over the planet as fast as
we possibly can so we met from a bunch
of people in Venezuela yesterday that
are super excited and they told us like
they couldn't afford the fees on Bitcoin
core any longer it was like a month's
salary some tolerance or anybody can't
afford nobody nobody's gonna pay that
and so like they know that I'm all sorts
of all opportunities they're very
excited about Bitcoin cash I'm sure
they're excited about Dash they're people
want something that works they don't
care how good the brand name recognition
is if it doesn't work they're not going
to use it they need something that works
and and Dash is slogan it's awesome digital
cash that's what people want digital
cash and it has to work something with
$50 fees and unreliable transactions
that's math digital cash that's some
science project that about wrong yeah
gone wrong
well we actually we have one of the most
successful proposals for Dash digital cash
is even as well with Eugenia she's doing
a fantastic job there I'll tell you more
about it but Roger here thank you very
much for everything you said it's a
pleasure to meet you I got into Bitcoin
into Dash into Bitcoin because of you into
Dash because of Amanda B Johnson so I'm
actually happy to be doing this as a
full-time job today and going from
conference to conference creating prime
content for our audience in Brazil and
of course around the word thank you once
again and I wish you the best thank you
Dash Dinheiro digital
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