Roger Ver is being extradited for tax evasion charges, but he believes the real reason is his promotion of Bitcoin and cryptocurrency as alternatives to government-controlled money, which threatens the U.S. government's control over the money supply.
Roger Ver was one of the first global investors in the Bitcoin ecosystem, promoting Bitcoin as a decentralized, peer-to-peer cash system that could empower individuals worldwide to control their own money without government interference.
Ver renounced his U.S. citizenship in 2014, believing it would protect him from political persecution. He became a citizen of St. Kitts, aiming to promote Bitcoin and cryptocurrency from a safer location.
The U.S. government, through intelligence agencies, allegedly hijacked Bitcoin by promoting propaganda that changed its purpose from a peer-to-peer cash system to a speculative digital asset, effectively undermining its original promise of economic freedom.
Censorship on Bitcoin discussion forums like bitcointalk.org and rbitcoin on Reddit prevented advocates from promoting Bitcoin as a payment system, leading to its transformation into a speculative asset rather than a decentralized currency.
Bitcoin transactions are not anonymous and can be tracked on the blockchain. Many users now rely on custodial wallets, which offer even less privacy than traditional bank accounts. Privacy-focused cryptocurrencies like Monero and Zeno offer better anonymity.
The U.S. government opposes cryptocurrencies because they undermine its control over the money supply, making it harder for the government to fund wars, inflation, and other policies without public accountability.
Ver spent a month in a Spanish prison after being arrested on an Interpol warrant. He faced suspicion from other inmates who thought he might be an undercover spy due to his clean-cut appearance.
Ver's book 'Hijacking Bitcoin' exposes how Bitcoin was transformed from a decentralized cash system into a speculative asset through censorship and propaganda, a transformation he argues was orchestrated by intelligence agencies.
Custodial wallets, like those used in El Salvador, offer no privacy, as every transaction is visible to the government. This undermines the promise of economic freedom and turns cryptocurrencies into tools of government control rather than individual sovereignty.
Roger Ver is facing life in prison for revealing how the US government worked secretly to subvert cryptocurrency and prevent economic freedom. More people should hear this story.
(00:00) Roger Ver Facing Extradition
(07:49) The Hijacking of Bitcoin
(12:18) How the Government Tracks Your Every Transaction
(28:26) Who Is Satoshi?
(35:46) What Happens if Ver Loses the Case?
(38:55) Ver’s Experience in a Spanish Prison
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