Tag: roger ver

975 People File Lawsuit Over Bitcoin Cash

By Eli Ridder | @EliRidder

Angered users of Bitcoin.com have launched a lawsuit over what they describe as misleading tactics carried out due to Bitcoin Cash, or BCH, being labeled as the central Bitcoin and the original, BTC, being labeled as a secondary Bitcoin Core.

The blur between BCH and BTC has led some to purchase the Cash edition while they were seeking the original Bitcoin, according to frustrated buyers. Several users claimed that the actions are tantamount to fraud, a basis for their lawsuit.

The lawsuit, with its digital home at Bitcoin.com Lawsuit, is made up of a group of some 975 individuals “from influential industry leaders to community volunteers [and] contributors” working to protect users from fraud and recover lost funds.

The conflict between BTC and BCH is a long-lasting fight, with supporters of the secondary, minority version, Bitcoin Cash, aiming to establish the newer currency as the main and top-tier Bitcoin.

The founder of Bitcoin.com and major pro-BCH figure, Roger Ver, holds a small minority of support for his view of Cash being the real Bitcoin, but skeptics of cryptocurrency take the conflict as preceding a digital currency “crash”.

On his Twitter, Mr. Ver promotes the successes of BCH, posting graphics, information pages and news interviews, claiming that “Bitcoin Cash has the roadmap that lead to Bitcoin’s original success”, and will lead to future success for the cryptocurrency.

Ver has attempted to frame the so-called “fork”, or split of Bitcoin into BTC and BCH, as an equal split over a sub-shoot from the mainstream, with Core and Cash being compared as a permanent separation.

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“Bitcoin Jesus” is Making a Country

By Mason Mohon | USA?

Roger Ver is a self-described Bitcoin Angel Investor and fan-described Bitcoin Jesus. He is partnering up with another Bitcoin entrepreneur, Olivier Janssens, to create the world’s first sovereign voluntaryist country. Olivier being the “founding father” and CEO, while Roger is the co-founder.

They have titled the project Free Society, and are looking to join forces with a willing government and purchase the territory from them. According to Jansenns, they have amassed over 100,000,000 dollars to create the country.

According to Trustnodes, Janssens released much information about the goals for the country. It would be heavily based on libertarian and anarcho-capitalist principles. There would be no monopoly on military, courts, or police like there is by the state in most countries across the world.

…the country would operate on a fully voluntary basis. That means “enforcement will happen through private arbitration, competing court systems and private law enforcement,” the project says.

At the same time, intellectual property would be a no-go, for many libertarians believe it is in violation of private property rights, and it often gives rise to patent trolls. Victimless crimes would not be crimes at all, such as drug use and prostitution. According to Olivier:

We have backing of over 100 million USD in private capital and are committed to the mission of realizing the world’s first Free Society.

On the project website, which can be found here, they have stated that the governments they are currently negotiating with cannot be revealed for confidentiality reasons, but they did provide some standards on what kind of territory they’re looking for. Among these standards was proximity to both water and economic powerhouses such as Europe, Asia, and the United States. They are looking to go on a national rescue mission of sorts in return for their own voluntaryist system. Janssens made the following quote to Cision PR Newswire.

There are many nations that have a significant national debt or are in crisis. Our aim is to help them resolve that and create an economic powerhouse next to their doorstep as a bonus. It’s a win-win for everyone.

The fateful debate between anarcho-capitalism and minarchism is not a new one, especially in the Austrian school of economics. This country will determine whether or not an anarcho-capitalist/voluntaryist society is possible or not.