boss Roger Ver eyes crypto exchange move

Bitcoin Cash would be the base-currency for the exchange (natch)

Digital coin wallet venture,, is looking to buy or develop its own cryptocurrency exchange, according to CEO Roger Ver.

He told Bloomberg that he’s considering finding a partner to produce the platform, or may “build one internally”. “If we build it ourselves, we can do it really, really cheap, and we get exactly what we want,” he said. “But we don’t have the security of a battle-tested exchange that’s been around for a while.”

The exchange “will be posted on so we’ll have thousands or tens of thousands of new users every single day,” he added.

Crypto cruise kerfuffle

Last month, Ver was involved in a heated difference of opinion on the CoinsBank Blockchain Cruise.

The event, which took place from 7th-11th September, ferried cryptocurrency fans around Barcelona, Monaco and Ibiza. Onboard (but not necessarily witnessing the kerfuffle) was John McAfee, inventor of the eponymous anti-virus protection, now a crypto champion.

The Daily Mail reported that trouble broke out on the cruise in front of horrified onlookers when Bitcoin developer Jimmy Song and Ver had a difference of opinion on a debate over the merits of Bitcoin versus Bitcoin Cash.

A heated argument began when Song started speaking and he claimed Ver was trying to interrupt him. He urged the heckling Bitcoin Cash evangelist to sit down.

Onlookers apparently began to shout at Ver telling him to relax. He then, by all accounts, tried to yank the microphone out of Song’s hands.

An extra microphone was brought on stage and Song left the stage, re-appearing a few minutes later to collect his notes. Both men then calmed down and took part in a debate that lasted for more than half an hour.

Some Bitcoin Cash advocates, such as Ver, prefer the digital currency due to its comparatively lower transaction fees, faster transaction rates and ability to scale with its growing user base.

On the other side of the debate, Bitcoin purists believe it’s a more stable cryptocurrency and deny Bitcoin Cash advocates’ claims about it being plagued by slow transactions and high fees.

Disclaimer: The views and opinions expressed by the author should not be considered as financial advice. We do not give advice on financial products.

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