Ver donates 1000BTC (almost $1 million) to the Foundation for Electronic Education after losing a bet he made on the value of Bitcoin:
A little over two years ago I made a bet for $10,000 that bitcoin would outperform gold, silver, the US stock market and the US dollar by more than one hundred times over the next two years…I’m here today to say that I was wrong, In reality it took about two years and two months for bitcoin to outperform everything else by more than a hundred times. Over that time, gold and silver are down, the stock market is up about 45 per cent, but Bitcoin is up more than 15,000 per cent, or more than three hundred times everything else.
Ver creates a donation program for Ulbright’s legal fund:
I’ll give $10 to @Free_Ross for each RT. If guilty, he’s a hero. If innocent, he needs help.http://freeross.org/
The post quickly receives over 15,000 retweets, or around $150,000, which Ver pledges will be give to the Free Ross Ulbright campaign. In a statement to Coin Telegraph:
I think that each individual owns their own body, and has the absolute right to put whatever they want into it. The police, judges, and jail guards who lock people in cages for ingesting substances without the permission of strangers, are the ones committing evil and need to stop. If Ross Ulbricht is DPR and helped facilitate the these voluntary interactions, he is a hero for helping provide the technology that allowed peaceful people to ignore the violent threats from strangers calling themselves politicians and law enforcement. If Ross is falsely accused, and was not DPR, then he deserves the best defense money can buy. Either way, he deserves the support of anyone who is opposed to the war on drugs.