The Four Seasons Hotel Hong Kong (香港四季酒店) in the city’s financial center is this week’s spot for Roger Ver’s weekly video update, a project started just about a month ago. He’s joined at the five-star retreat for the episode by Ryan X. Charles, CEO of Yours.org. The two men discussed their participation in an international conference and revealed an exciting future for decentralized, censorship resistant, cash.
Ver and Charles Make an Entertaining, Informative Pair
“Everybody’s been excited about ‘bcash’ for quite a while,” Roger Ver (CEO of Bitcoin.com) smiled and giggled with joy at the delicious irony. “So, it’s finally here everybody!” A very relaxed Mr. Ver has taken to making weekly videos, highlighting his work within the bitcoin cash community. He was prompted to laughter by Yours.org co-founder and CEO Ryan X. Charles, joining Mr. Ver for a one-off video recently. Both men were in the glow of Antiguan entrepreneur and Coin Geek owner Calvin Ayre’s latest Hong Kong conference. Overlooking Victoria Harbour, viewers soon notice there’s a third presence in the background. Turns out, the famous International Commerce Centre building in West Kowloon, all 1,587.9 feet of it, can be seen during its LED light show.
They were laughing at the name Purse.io chose for its latest product, bcash. When trolls wish to hector bitcoin cash supporters they often employ the name. Well, the two CEOs remarked gleefully, now the association has a real use case. It’s a fork of bcoin, a full node implementation, and both agreed they’d be employing the innovation. The Purse.io adventure parallels the ecosystem’s, as viewers come to find out. Mr. Charles prompts Mr. Ver into expanding on just why Mr. Ver was such a heavy proponent and user of the tech.
Mr. Ver explained how he used Purse.io for a great many business transactions, for nearly everything. When bitcoin core (BTC) fees became untenable for transactions, he left the service altogether, cashing out his remaining BTC for bitcoin cash (BCH). With Purse.io continuing to innovate and adapt, accepting BCH and offering a handy 15% discount on Amazon purchases, Mr. Ver happily encouraged viewers to return to the service. And indeed there does seem to be a resurgence in so-called micropayment tech, as more and more businesses transition to BCH.
Fast and Furious
Mr. Charles then raves about Openbazaar’s move into decentralized cryptocurrency exchange, a very big deal in the community. Traditional exchanges ask quite a lot of potential users, with frictions in onboarding and withdrawal, not to mention invasive personal questions. They’ve long gone against a basic aspect of crypto philosophy. Mr. Ver explained the store at Bitcoin.com will also sell its goods and services on Openbazzar.
Continuing on the micropayment innovations, both praised Mr. Charles’ latest project, the Money Button. The days-old tech is a spin on Yours.org’s BCH micropayment social media concept. Mr. Charles’ content providers asked for an API usable on their own proprietary websites; a money button, if you will, for the internet. The Yours.org CEO describes the Money Button as similar to pressing Like on Facebook. The prototype looks to be pretty amazing and transformative if the tech holds up: imagine every site surfed, readers and viewers had the ability to tip in fractions of BCH as a show of appreciation. Mr. Charles is careful to stress it is still not ready for large scale deployment, but he does want folks to give it a try over the next two months in the hopes of gaining feedback and working out bugs.
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