World's first Investor in Bitcoin startups
He was born in San Jose. He attended De Anza College for a year, dropping out to pursue his business interests. He moved to Japan in 2006. He became a citizen of Saint Kitts and Nevis and renounced his United States citizenship in 2014. In 2015, he was denied a visa to reenter the United States by the U.S. Embassy in Barbados, which claimed that he had not sufficiently proven ties outside of the United States that would motivate him to leave at the end of his visit, causing fears he might become an illegal immigrant - but later in the same year his visa was approved by the U.S. Embassy in Tokyo, and he visited the United States in June 2016 to speak at a conference in Denver, Colorado. While in prison Ver taught himself Japanese. According to an interview he gave in 2016, Ver describes Brazilian Jiu Jitsu as one of his major passions in life.
Ver began investing in bitcoin in early 2011. The first investment he made was for Charlie Shrem’s Bitinstant. Ver's investment allowed the company to hire a designer and another programmer. He invested over a million dollars into new bitcoin related startups including Ripple, Blockchain.info, Bitpay and Kraken. In 2011, Ver's company Memorydealers was the first to accept bitcoin as payment. His early advocacy for bitcoin earned him the moniker of Bitcoin Jesus.
In 2012, he created bitcoinstore.com with hundreds of thousands of items available for purchase with bitcoin. In May 2014, an old email account used by Ver was hacked and used in a failed attempt to ransom bitcoin.
Ver gained control of bitcoin.com in April 2014.
In 2012, Ver was organising bitcoin meetups in Sunnyvale. He is one of five founders of the Bitcoin Foundation. Ver wants bitcoin to rival major fiat currencies.
He is one of the main proponents of a larger block size. He supported the development of Bitcoin XT as a hard fork method towards an increase. Ver and his high school friend Jesse Powell attempted to re-establish the Mt Gox exchange during the June 2011 bitcoin price crash.
In April 2013, Ver was a guest on Fox Business.
In September 2017, Ver was interviewed by Bloomberg Television while attending the BitKan conference in Hong Kong That same month, he backed Segwit2x, which was called off due to lack of consensus in the community.