Roger Ver has had a significant impact on the cryptocurrency community. He is known for being one of the earliest investors of Bitcoin and also participates in the promotion of the top coin. As per a recent article published by Bloomberg, Ver endorsed Bitcoin parallel currency known as Dogecoin. It is worth noting that since Bitcoin is an open-sourced project, the co-founder of Dogecoin copied its code to create the satirical project.
Ver, who has been dubbed Bitcoin Jesus among the crypto evangelists, talked in detail about his positive projections towards Dogecoin. He made the bold remarks by claiming that the Dogecoin blockchain is better than the original Bitcoin network. Bloomberg article further postulated that Ver is fascinated by meme currencies and should be considered a fan.
Roger Ver, or the Bitcoin Jesus, has taken his time to study the changes in the Dogecoin protocol. The Bloomberg article suggests that Ver fancies the nascent Dogecoin on account of its faster transaction speed and lower gas fees. Ver decrees that his top 3 nominations for top crypto projects will be Doge, Litecoin, and Bitcoin Cash.
Ver has been touting praises and singing hymns about Bitcoin Cash since the Bitcoin fork event in 2017. With the last update, the BCH project was able to trace Bitcoin transaction history, and with some later additions, the scalability of the BCH block size made room for more transactions. Ver has also glanced favorably at the Twitter takeover by Tesla CEO Elon Musk.
Dogecoin’s Use Cases
Ver claimed that SpaceX, which is another company headed by Musk, could start accepting payments in the form of Dogecoin. Regardless of Ver’s premonitions, Tesla has already started to accept Dogecoin as payment for its products in the consumer market. Tesla management also introduced merchandise to incentivize Dogecoin payers with 205 Doge mugs and a 420 Doge cyber-whistle.
Musk has recently postulated that Twitter involvement can make Dogecoin investment more lucrative for its investors. Ver extended his gratitude to Musk for his take on the matter of privacy and censorship protocols. Ver mentioned on his Twitter that if the masses decided to go with a custodial wallet for storing their Bitcoin, the underlying functionality of Bitcoin could be vain.