Roger Ver is arguably the most well-known investor/entrepreneur in the Bitcoin space. He is the former CEO & Founder of Memory Dealers, a computer parts business that made him a millionaire by the age of 25.
He has invested and started several Bitcoin businesses, most recently, Bitcoin.com, where he is CEO.
In this episode, Roger outlines why he supports bigger blocks, how his obsession with Bitcoin landed him in the hospital, and the one thing every Blockchain entrepreneur or company has to do if they want to succeed.
SHOW NOTES
[00:58] – Introduction and overview
[02:46] – Who is Roger Ver?
[03:09] – Roger’s introduction to Bitcoin
[04:13] – His biggest challenge as a Bitcoin entrepreneur
[05:57] – Roger points out an area with the greatest potential for disruption by Blockchain/Cryptocurrency
[07:07] – His advice to any company or entrepreneur interested in innovating with Blockchain/Cryptocurrency
[08:47] – Roger Ver give his take on the Bitcoin block size debate
[14:09] – His thoughts on Segregated Witness (Segwit) as a potential solution to the block size debate
[16:22] – Bitcoin’s congestion issues
[19:02] – Bitcoin vs. Litecoin in terms of Segwit adoption
[20:45] – Is Segwit a “sunk cost?”
[22:14] – Roger’s thoughts on recent alternative solutions to Bitcoin’s block size debate
[23:12] – The consequences of a hard fork
[26:33] – Roger’s prediction of where Bitcoin will be in 10 years
[28:44] – How Roger Ver ended up in hospital after a “Bitcoin binge”
[31:08-] – His position on the fate of so-called “altcoins” in the next 10 years
[33:36] – Bitcoin in Japan
[35:10] – Will Ethereum take Bitcoin’s position as the #1 Blockchain platform in the event of a hard fork?
[39:33] – What Roger Ver is most excited about right now in the Cryptocurrency space
[41:28] – Roger’s thoughts on Blockchain in general
[43:06] – Should entrepreneurs building applications on top of Bitcoin be concerned about an impending hard fork?
[45:36] – How to get in touch with Roger Ver
CRITICAL TAKEAWAYS
-Regulation is the biggest challenge in the cryptocurrency space
-Central banks will be (or are already being) disrupted by cryptocurrency
-Entrepreneurs and early adopting firms should focus on execution and implementation versus excessive ideation in order to thrive in the Blockchain space
-Roger believes Segwit is a sunk cost
-He believes a hard fork is inevitable and is the best solution to Bitcoin’s block size debate
-He also believes a hard fork isn’t a big deal at all
RESOURCES DISCUSSED
–Segregated Witness (Segwit)
