Roger Ver: Segregated Verification is a scam

At the Blockchain Money Conference held in London recently, Bitcoin Jesus Roger Ver emphasized the advantages of Bitcoin in his speech, such as achieving economic freedom and increasing income. He also believed that the "gunpowder smell" in the community has also weakened. When answering questions from the audience, he mentioned that his biggest disappointment with Bitcoin is Core's position on expansion, because the expansion plan released by Core does not "meet the needs of consumers."

Roger said he was skeptical of the "morals of the Segwit proponents" and that we "can't trust those who don't support open discussion." He added that (Core) continues to "suppress dissenting opinions," thus creating the illusion that the scaling problem has been solved.

Dan Morehead, CEO of bitcoin venture capital firm Pantera Capital, did not comment directly on the issue of scaling, only discussing the relationship between transaction volume and bitcoin price.

Bitcoin price is directly proportional to transaction volume…if transaction volume doubles, the price will double as well.

Bitcoin and ETC miner Chandler Guo said he supports increased transaction volume and larger block capacity. However, he used the example of the ETH and ETC split to say that the community does not want BTC and BTC Classic to appear, so he believes that we should be wary of "hasty hard forks."

Alex Shelkovnikov, head of venture capital at Deloitte, said during the panel that the scaling issue can actually have a positive impact because it proves that there is a large demand for Bitcoin. However, he believes that compared with scaling, the governance issue is more pressing. He said that "the decision-making process should be more transparent and democratic" because some decisions do not represent the needs of the entire community.

"Block capacity should be increased in a smart way," said Valery Vavilov, CEO of Bitfury, adding that block capacity expansion "cannot be rushed" and should be done while ensuring the stable development of Bitcoin.

I ran into Ver after the meeting, and he seemed to be teaching others how to download breadwallet. I asked him if he would resist segregated verification, and he said he was not sure yet, but for most early Bitcoin supporters, segregated verification was more like "bait and switch" (the original text is "bait and switch", which means using deceptive methods to sell goods at a high price). He believes that segregated verification does not inherit the spirit of Satoshi Nakamoto, and will also amplify the power and influence of Core developers.

There are many proposals for block expansion, but they have all been rejected by miners. The fate of SegWit is still unknown and we have to wait for the final decision of miners.