Roger Ver, aka "Bitcoin Jesus," prefers Bitcoin Cash as the global cryptocurrency when compared to Bitcoin, for its ease of use.
Table of contents
- ‘Bitcoin Jesus’ Roger Ver Still Struggling to Bring Bitcoin Cash Forward
- The Cost of Being a Disciple
- 'Bitcoin Jesus' Roger Ver Still Struggling to Bring Bitcoin Cash Forward
- The Parable of the Talents
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‘Bitcoin Jesus’ Roger Ver Still Struggling to Bring Bitcoin Cash Forward
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The Cost of Being a Disciple
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Navigation menu Personal tools Log in. Namespaces Page Discussion. According to the IRS, owning Bitcoin is considered the same as owning property rather than currency. This means that you have to pay capital gains tax on Bitcoin. It is also required that you report your Bitcoin possession on your tax forms. The US government will find you and the consequences are severe. This is one reason Nomad Capitalist has long argued the benefits of getting a second passport as a crypto investor. Going offshore gives you greater cryptocurrency freedom and even opens up the possibility of leaving the US and all of its regulations, reporting requirements, taxes, and penalties behind.
In the interview, Ver talks about his own personal experience spending time in federal prison and later leaving the US and renouncing his US citizenship. He says that the day he renounced his US citizenship was one of the happiest days of his life. And because of the offshore strategies that Ver put into place, he is still able to travel to the US , even without citizenship and with a criminal record.
Ver advises that if you want to leave the US, you should get a second passport and leave sooner rather than later. Renouncing your US citizenship is getting more difficult and expensive as time goes on. Overall, Ver encourages everyone to give cryptocurrency a try.
He believes cryptocurrency provides more freedom and can improve lives throughout the world. Ver hopes that Bitcoin Cash will one day be adopted as the official currency of a nation, which will give it more credibility. As the Coronavirus has decimated economies, people have become more receptive to the opportunities of this borderless peer-to-peer currency. All in all, the future looks bright for the role of cryptocurrencies in the world — especially Bitcoin Cash.
'Bitcoin Jesus' Roger Ver Still Struggling to Bring Bitcoin Cash Forward
You can find Roger Ver on bitcoin. The Nomad Capitalist team has helped hundreds of people create and execute holistic offshore plans to help them legally reduce their taxes, become dual citizens, and live the Nomad Capitalist lifestyle of success. T he Nomad Capitalist team has helped hundreds of people create and execute prolific offshore plans to help them legally reduce their taxes, become dual citizens, and live the Nomad Capitalist lifestyle of successWould you like to be next?
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The Parable of the Talents
Roger Ver Speaks Out on the Bitcoin vs. Bitcoin Cash Debate. Written by Guest Contributor. What is Bitcoin Cash?