Bitcoin $101,003.1 Cash pioneer and early crypto adopter Roger Ver claims that the US government has been trying to undermine Bitcoin since 2011. Ver noted that the Bitcointalk.org forum was flooded with bots in the same week that Bitcoin first started receiving worldwide media attention.
Education and Intelligence Interventions
In a new conversation with Tucker Carlson, Ver stated that there was a conscious act behind making Bitcointalk.org unusable. He pointed out that an attempt was made to prevent the spread of Bitcoin by making the early BTC forum non-operational.
“By 2011 the forum was rendered completely dysfunctional. We know that the CIA was interested in Bitcoin during the same period because they asked various Bitcoin developers, ‘Can you explain Bitcoin to us?’ they asked. While the majority of the world was not yet aware of Bitcoin, the CIA was studying it and was actively preventing the rapid spread of Bitcoin by shutting down the forum.”
Ver, leaving Bitcoin and Bitcoin Cash $555.3 As one of the first investors to support the fork, he claims that US intelligence agencies spread propaganda that it is important to keep BTC block sizes small. He argues that this propaganda prevents the Bitcoin network from increasing block sizes so that it can make faster and cheaper transactions.
During the Bitcoin Blocksize War, Ver was known as the “big blocker” who advocated for large blocks. The “small blockers” who thought that Bitcoin’s 1MB block size maintained the decentralization of the network were names like Blockstream CEO Adam Back.
Arrest and Tax Claims
At the end of April, Roger Ver was arrested in Spain on the orders of the US Department of Justice. Ver faces several charges including mail fraud, tax evasion and filing false tax returns. Although he renounced his U.S. citizenship in 2014, authorities allege Ver failed to report capital gains from worldwide asset sales and failed to declare the market value of his assets.
While these developments have a wide impact in the crypto world, they raise new questions about the role and influence of the US government in the background of the discussions between Bitcoin and Bitcoin Cash.
Roger Ver’s claims highlight the various challenges faced in the early stages of cryptocurrencies and the potential impacts of government interventions. This situation stands out as an important topic of discussion in terms of the future of digital assets and the protection of decentralization principles.
While evaluating Ver’s claims, the crypto community emphasizes that beyond technological developments, political and social dynamics can also be effective in shaping the crypto ecosystem. In this context, the need to develop more transparent and inclusive policies for the sustainability and adoption of cryptocurrencies comes to the fore.
This conflict between Bitcoin and Bitcoin Cash reveals the dynamic nature of cryptocurrency markets and technological innovations, as well as the obstacles encountered in the adoption of these innovations. These interactions between users, developers, and regulators play a critical role in shaping the future of digital assets.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.