Here are my top four takeaways from this: (1) Bitcoin has as much a chance of failure as Steem, (2) i should get into zchash, (3) i bet Roger joins Steemit within the week, (4) once Roger joins the dam will break and Steem will explode.
I'd repeat what I have pointed out many times before. Dont confuse Steem with Bitcoin. They're fundamentally different. Unlike Steem, Bitcoin is a deflationary currency. But, Bitcoin and Steem together is a Deadly Combination.
This claim is quite misleading - the opposite is true. You are confusing limited supply with inflation - these features are not mutually exclusive. Bitcoin has a limit of total supply and has been highly inflationary. The rate of inflation is gradually decreasing but it's still substantial.
Steem with Bitcoin are fundamentally different.
Again, I'd say the opposite is true. Steem with Bitcoin are fundamentally similar and actually this similarity is what gives Steem a lot of credibility. The main difference is that Bitcoin spends newly created tokens on burning electricity, whereas Steem - on rewarding content creation & curation.
This looks quite likely indeed. The following words are very encouraging in this respect, as Steem is the perfect answer to Roger's main concerns:
Imagine how many other people could experience that joy of using Bitcoin for the first time if Bitcoin had been allowed to scale.
Today, with transaction fees consistently about $0.10 and often much more, Bitcoin faucets are no longer feasible, and the Bitcoin community is missing out on this amazing tool to recruit new Bitcoin users.
I found this 'interview' very depressing as a whole - but I'm assuming jetlag etc... He has to be tired of fighting the fight of the life long politicians who will NOT give up their grip on the 'status Quo' . Closing the central bank? Not going to happen in their world..
For anyone who doesn't know Roger Ver he publicly claimed on Youtube in August of 2011 when BTC was only $10 that it would one day surpass the price of gold at least one point in time and increase in value by more than 100X. or 10,000%.
yeah sorry. my error. @rogerver was registered 18 days ago. https://steemd.com/@rogerver I kinda dislike it when people homestead famous people's names. Perhaps it was just saved for the real Roger Ver. Someone who wants to recruit the man i will now try to refrain from calling 'the Bitcoin Jesus'.
If my group of like-minded supporters do hard fork Bitcoin, we will also likely
change the proof of work to something that is most suited to general purpose
CPUs rather than GPUs or ASICs.
This seems ill-advised. One of the biggest advantages bitcoin currently has is that it has a very high hashrate making it robust from external manipulation. Changing the mining algorithm would invalidate all current mining hardware investment and result in a much weaker cryptocurrency.
The result would be simply an altcoin which retains bitcoin's history and economic strategy.
Completely agree with this. I like Roger and I know he means well, but I really hope he doesn't push for a HF like this... it's only gonna cause uncertainty.
And I have to agree with that dev he was complaining about. Bitcoin is NOT convenient for shopping at this moment. Even Andreas agrees with this. Right now most of the value comes from speculation and it has plenty of utility in other ways than being a credit card replacement.
Roger Ver might want to learn about AltCoins a bit before he tries making one. CPU? Terrible choice, about the worst choice that could be made. Sort of like Bitcoin Classic and the rest of the nonsense from people that can't reach consensus.
Once Roger gets a load of #Dash He will forget all about Bitcoin. Dash voted and scaled up within a day or two. BitcoinJesus Is the worlds most famous Bitcoin Maximalist, and It's easy to understand why, when he's worked so hard for Bitcoin since it was the only kid on the Block. But now with Dash, ETH and NXT, Bitcoin is the more famous worst performing currency of the bunch.
Dash already has a 'Jesus', his name is @taoofsatoshi, but we will let Roger Ver be Dash 'dalai lama'.
@wadepaterson thank you so much for adding this outstanding content to Steemit.com!! It will be through the efforts of clever legitimate content producers like yourself that steemit.com will propel this new concept into the mainstreem. Keep it coming!
If Mr ver is looking for a CPU cryptocurrency replacement for Bitcoin then he should be taking a look at Gridcoin. Hard science problems that can only run on standard computer hardware, that actually aid humanity rather than wasting energy.
Roger has been getting some slack for his ideas with regards to bitcoin scaling, and I must admit, I don't understand why? He only wants to follow Satoshis white paper, which we all should with regards to bitcoin.
I tweeted him a while ago simply asking, "if one wanted to increase the block size on bitcoin, how would they do it". It looks like he's answering my question by investing in a dev team and a mining pool. Thats great. I love it when people see an issue they feel they can fix and just work towards fixing it.
I have been following Roger for a while, and I must admit, he is an inspiration and was my entry into bitcoin. There is a great clip on a documentary he's on where he talks about undermining the power of government (by taking power away from the banks), citing a 60 minutes interview with Madelaine Albright commenting about how thousands of Iraqi children lives lost due to the invasion where nothing more than collateral damage. His passion in that clip has stayed with me. Join Steemit.com Roger! You'd be a valued participant!
Interesting interview. Exclusively for Steemit, wow!
Roger Ver invested over a million dollars into new bitcoin related startups. He has been a big Bitcoin believer from the beginning. He predicted a 100x increase in value when the price was below $10. Unfortunately, he is now less bullish because of the scaling debate.
I never thought I'd her Bitcoin Jesus say something like that. Yes, he gave a caveat, but it's still quite a strong statement for such a long-term supporter.
I'm glad he mentioned the early faucets. Steemit is the greatest faucet every created, IMO, giving away something for free while at the same time convincing people it has value. Brilliant.
now if we can figure out how to get the people being profiled in articles compensated automatically via blockchain. Ie roger getting a cut of earnings, this would solve a lot of the copyright issues out there today
SegWit is already being tested and due to come out soon.
That will increase Bitcoin's capacity for sometime.
The a hard fork will follow to expand more.
I understand Roger 's frustration for things moving slow, he should be a bit more patient.
Hard forks are SERIOUS actions! Look what happened with ETH
We do not want that to happen to Bitcoin
As Andreas A . says : the scaling issue will always be present as long as there is growth.
Clif High, the creator of the Webbot Predictive Linguistics says another spike in Bitcoin coming this weekend, as the "ChinaPop" gets another scare as they did in mid June causing btc to run from mid 500s to mid 600s!
Good one! Roger: "I’m someone who believes that all human interactions should be on a consensual basis, or not at all" that is powerful, if only people would apply that everyday on all we do...
Every time someone wants to tell me that opportunity in this world is dead, I want to shake them. Are you living in the same world I live in? I my lifetime, I've seen so many new industries born, more millionaires made than in all of previous history combined and new ideas like decentralized standard currencies coming into being.
I think what we need is more imagination and less complaining. This is an amazing life that would not have even been possible based on this idea, 30 years ago. Think of it, what will be next? The future is now and we can either embrace it, or like the Luddites of old, throw our hands up because Donald and Hillary.
Here's the thing, in life, roadblocks and boundaries are always finite and definable, while opportunity is always boundless and infinite. There are so many more things yet to be tried than we have ever begun to imagine, but we want to believe that success is limited to a few "career" paths preordained for our success. Good on you! Nice Post!
My favorite line 'It is only a matter of time until machine intelligence exceeds human intelligence' - this is what I think think the problem with government is - If we can get the Gov out of the way then we as a 'world' can prosper. I'm a Stateside' resident and watching the news everyday is depressing me. It's time to get to the next level of a currency that is value to all - no more games..
Great article. Especially advise on hackers which everyone should be really cautious about dealing with Cryptocurrencies and the future of BTC. Hope someone will take the lead to ensure the future of BTC is great. I will be looking out at Z.cash as well as Yocoin for me. :-)
Here are my top four takeaways from this: (1) Bitcoin has as much a chance of failure as Steem, (2) i should get into zchash, (3) i bet Roger joins Steemit within the week, (4) once Roger joins the dam will break and Steem will explode.
Great interview. I just followed you @wadepaterson.
Thanks, @freedomengineer - I appreciate you taking the time to read!
Interesting takeaways/predictions!
👍great post Mr. @wadepaterson
Pip @dollarvigilante and see if you can do 20 questions with Milo Yiannopoulos. :D
I'd repeat what I have pointed out many times before. Dont confuse Steem with Bitcoin. They're fundamentally different. Unlike Steem, Bitcoin is a deflationary currency. But, Bitcoin and Steem together is a Deadly Combination.
This claim is quite misleading - the opposite is true. You are confusing limited supply with inflation - these features are not mutually exclusive. Bitcoin has a limit of total supply and has been highly inflationary. The rate of inflation is gradually decreasing but it's still substantial.
Again, I'd say the opposite is true. Steem with Bitcoin are fundamentally similar and actually this similarity is what gives Steem a lot of credibility. The main difference is that Bitcoin spends newly created tokens on burning electricity, whereas Steem - on rewarding content creation & curation.
My takeaway is Bitcoin will thrive and Steemit can thrive too as long as the developers are looking out for the best interests of the platform.
This looks quite likely indeed. The following words are very encouraging in this respect, as Steem is the perfect answer to Roger's main concerns:
And what if Steem will ahead of Bitcoin
would be excellent if you are correct.
I found this 'interview' very depressing as a whole - but I'm assuming jetlag etc... He has to be tired of fighting the fight of the life long politicians who will NOT give up their grip on the 'status Quo' . Closing the central bank? Not going to happen in their world..
I just wish i could upvote this to gice credit where it is due. Unfortunate that Steemit only allows upvotes for 7 days.
For anyone who doesn't know Roger Ver he publicly claimed on Youtube in August of 2011 when BTC was only $10 that it would one day surpass the price of gold at least one point in time and increase in value by more than 100X. or 10,000%.
He was right.
Now, venture capitalist Tim Draper predicts Bitcoin price will be 10,000 USD by 2018. We'll see if he's right...
For my sake, I hope Tim is right. But he's also pretty kooky. But maybe that's a good thing. I don't know what to believe.
Just in case anyone needs to verify this interview...
https://twitter.com/rogerkver
Nice verification
sooooo i just followed THIS guy https://steemit.com/@rogerver
should i be backing up the truck to buy more Steem?
Can anybody confirm when the account was opened?
I can confirm the account @rogerver does not belong to this Roger Ver.
yeah sorry. my error. @rogerver was registered 18 days ago. https://steemd.com/@rogerver I kinda dislike it when people homestead famous people's names. Perhaps it was just saved for the real Roger Ver. Someone who wants to recruit the man i will now try to refrain from calling 'the Bitcoin Jesus'.
at least @bitcoinjesus is still open for Roger LMFAO!!!
He may sell that username for good money to Roger.
Perhaps the owner of @rogerver would be willing to let the real Roger Ver take control?
I don't know that this account is verified. In my interview with Roger, he said he was not yet on Steemit...
His obsession with Bitcoin Core devs and "scaling" is absurd. Bitcoin is just fine.
This seems ill-advised. One of the biggest advantages bitcoin currently has is that it has a very high hashrate making it robust from external manipulation. Changing the mining algorithm would invalidate all current mining hardware investment and result in a much weaker cryptocurrency.
The result would be simply an altcoin which retains bitcoin's history and economic strategy.
Completely agree with this. I like Roger and I know he means well, but I really hope he doesn't push for a HF like this... it's only gonna cause uncertainty.
And I have to agree with that dev he was complaining about. Bitcoin is NOT convenient for shopping at this moment. Even Andreas agrees with this. Right now most of the value comes from speculation and it has plenty of utility in other ways than being a credit card replacement.
Roger Ver might want to learn about AltCoins a bit before he tries making one. CPU? Terrible choice, about the worst choice that could be made. Sort of like Bitcoin Classic and the rest of the nonsense from people that can't reach consensus.
Once Roger gets a load of #Dash He will forget all about Bitcoin. Dash voted and scaled up within a day or two. BitcoinJesus Is the worlds most famous Bitcoin Maximalist, and It's easy to understand why, when he's worked so hard for Bitcoin since it was the only kid on the Block. But now with Dash, ETH and NXT, Bitcoin is the more famous worst performing currency of the bunch.
Dash already has a 'Jesus', his name is @taoofsatoshi, but we will let Roger Ver be Dash 'dalai lama'.
Wade, you've outdone yourself! :) You told me to keep an eye for Thursday and you were right!
This is my favorite so far!
@wadepaterson thank you so much for adding this outstanding content to Steemit.com!! It will be through the efforts of clever legitimate content producers like yourself that steemit.com will propel this new concept into the mainstreem. Keep it coming!
Cheers for that, @chrisj
If Mr ver is looking for a CPU cryptocurrency replacement for Bitcoin then he should be taking a look at Gridcoin. Hard science problems that can only run on standard computer hardware, that actually aid humanity rather than wasting energy.
very good stuff @wadepaterson !
love to see someday Roger here on steemit 8]
Thanks @gekko
Roger has been getting some slack for his ideas with regards to bitcoin scaling, and I must admit, I don't understand why? He only wants to follow Satoshis white paper, which we all should with regards to bitcoin.
I tweeted him a while ago simply asking, "if one wanted to increase the block size on bitcoin, how would they do it". It looks like he's answering my question by investing in a dev team and a mining pool. Thats great. I love it when people see an issue they feel they can fix and just work towards fixing it.
I have been following Roger for a while, and I must admit, he is an inspiration and was my entry into bitcoin. There is a great clip on a documentary he's on where he talks about undermining the power of government (by taking power away from the banks), citing a 60 minutes interview with Madelaine Albright commenting about how thousands of Iraqi children lives lost due to the invasion where nothing more than collateral damage. His passion in that clip has stayed with me. Join Steemit.com Roger! You'd be a valued participant!
FYI, "slack" means "loose" or "relief", which is the opposite of what I think you mean. I think the phrase you're looking for is "taking some flak".
and you know, when I typed that I sensed that it was wrong. Thank you for confirming my senses!
Nice job on the interview. I learned some interesting facts not known before. Saved his reading list, will be check these books out.
Up voted and following!
Thanks, @james 212 - I also made a note to check out the books Roger mentioned in his interview. I appreciate the follow!
Nice interview. I don't tolerate strangers with guns, and I don't do airports any longer.
Thanks, @sponge-bob
I am just thinking where I will be a decade from now...it's always a step ahead...it is interesting for me to read this.
I agree
Nice post, now I know about Roger Ver
Thanks, @happyphoenix
More here, in case you are genuinely interested: https://rogerver.com
Interesting interview. Exclusively for Steemit, wow!
Roger Ver invested over a million dollars into new bitcoin related startups. He has been a big Bitcoin believer from the beginning. He predicted a 100x increase in value when the price was below $10. Unfortunately, he is now less bullish because of the scaling debate.
Thanks for taking the time to check out this post, @penguinpablo
Great post and good to get more insight from Roger the Bitcoin Jesus. Hope Roger is also considering a look at #yocoin
Thanks, @tonypeacock
I hope he fails in hardforking Bitcoin
Thank you for the post! This helped me a lot.
Very interesting read!
did you tell roger you made 3k off this post? - nice work
Roger Ver will join Steemit immediately the moment he finds out.
Hey @kingjohal
Yes - I told him he should join the Steemit community as well!
Thanks for having the time to finding ways to interviewing roger. Great job
Wow this is excellent, good work.
Followed. Great post, thank you.
I never thought I'd her Bitcoin Jesus say something like that. Yes, he gave a caveat, but it's still quite a strong statement for such a long-term supporter.
I'm glad he mentioned the early faucets. Steemit is the greatest faucet every created, IMO, giving away something for free while at the same time convincing people it has value. Brilliant.
now if we can figure out how to get the people being profiled in articles compensated automatically via blockchain. Ie roger getting a cut of earnings, this would solve a lot of the copyright issues out there today
SegWit is already being tested and due to come out soon.
That will increase Bitcoin's capacity for sometime.
The a hard fork will follow to expand more.
I understand Roger 's frustration for things moving slow, he should be a bit more patient.
Hard forks are SERIOUS actions! Look what happened with ETH
We do not want that to happen to Bitcoin
As Andreas A . says : the scaling issue will always be present as long as there is growth.
This was a very informative interview with Roger Ver. Thank you for this article.
Great post, best interview.
Clif High, the creator of the Webbot Predictive Linguistics says another spike in Bitcoin coming this weekend, as the "ChinaPop" gets another scare as they did in mid June causing btc to run from mid 500s to mid 600s!
Good one! Roger: "I’m someone who believes that all human interactions should be on a consensual basis, or not at all" that is powerful, if only people would apply that everyday on all we do...
excellent job, up voted.
https://steemit.com/steemit/@millennialhue/steemit-allowing-me-to-make-money-while-maing-others-rich-good-karma
thanks for the great interview , followed look forward to more in this series
bitcoin has not moved much lately
I need a phone that works and then maybe i can start me some bitcoin. This is a brave new world.
I really enjoyed hearing his perspective. Thank you.
Good stuff, excited for our interview :)
Great interview... thanks!
Johnny Appleseed -- Roger Walletseed :D Nice Zcash reference! I wrote a brief Zcash introduction: https://steemit.com/crypto/@voluntary/zcash-a-new-crypto-currency-with-actual-security-and-privacy-of-transactions
But I've got to ask... Why not Dash? Dash - Digital Cash https://www.youtube.com/channel/UCAzD2v9Yx4a4iS2_-unODkA
Every time someone wants to tell me that opportunity in this world is dead, I want to shake them. Are you living in the same world I live in? I my lifetime, I've seen so many new industries born, more millionaires made than in all of previous history combined and new ideas like decentralized standard currencies coming into being.
I think what we need is more imagination and less complaining. This is an amazing life that would not have even been possible based on this idea, 30 years ago. Think of it, what will be next? The future is now and we can either embrace it, or like the Luddites of old, throw our hands up because Donald and Hillary.
Here's the thing, in life, roadblocks and boundaries are always finite and definable, while opportunity is always boundless and infinite. There are so many more things yet to be tried than we have ever begun to imagine, but we want to believe that success is limited to a few "career" paths preordained for our success. Good on you! Nice Post!
My favorite line 'It is only a matter of time until machine intelligence exceeds human intelligence' - this is what I think think the problem with government is - If we can get the Gov out of the way then we as a 'world' can prosper. I'm a Stateside' resident and watching the news everyday is depressing me. It's time to get to the next level of a currency that is value to all - no more games..
I just want to say that was one of the best interviews I've read in a very long time. Kept my attention from start to finish.
Great article. Especially advise on hackers which everyone should be really cautious about dealing with Cryptocurrencies and the future of BTC. Hope someone will take the lead to ensure the future of BTC is great. I will be looking out at Z.cash as well as Yocoin for me. :-)
A well done interview! Kudos to @wadepaterson!
great, good joob...