Verge (XVG) is an open-source, decentralized cryptocurrency, launched in 2014, to offer completely anonymous transactions. The project is fully volunteer-run, and the development team stays in close contact with the rest of the community. We believe, that this is what crypto really meant to be, so we decided to ask several questions to one of the member of this amazing team – TranXVG🇨🇦. Enjoy reading👇👇👇
Please give us a brief overview of your background and how you got started in this industry.
I’m actually a plumber pipe fitter. I specialize in water, wastewater treatment facilities and pumping stations. So I’m definitely not computer savvy. Not my forte at all. I got into the crypto industry back in 2017, was just on the job site, and it was actually my business partner mentioned if I’ve heard of all the people making Internet money. So that’s how I found out about Bitcoin and crypto. It took me a long time to get into it, because I couldn’t get over the fact that you don’t have something physical to put in your pocket, some of value to hold. So it took me weeks before I actually looked into what Bitcoin was. But once I did, then I started getting into the monetary policy.
Among hundreds, even thousands of cryptocurrencies, why have you chosen to support Verge?
Verge was one of the first ones that stood out to me. The same gentleman that pointed Bitcoin out to me pointed Verge out to me. And once I got into it and realized how open source and decentralized it could be. There’s no ICO, no CEO, it’s all community driven. That’s what I like. And not only that, the fundamentals as having a finite supply, just like Bitcoin. To me, that’s the key into having a currency. It goes to show, like our existing fiat, they just print more and more. That’s one of my first things when looking at a new currency, and why I stayed with for this whole time. I’ve been with Verge or have hodled Verge since 2017. Now, to me, it’s not so much of an investment as it is holding the future’s currency. I believe we’ll be able to use this currency around the world, like you can already right now, I can send anyone in Australia, Japan. It doesn’t matter where you are in the world. It doesn’t matter the value. I can send a buck or 10 million bucks, and it still cost me a fraction of a penny. And you get it within seconds.
What’s the difference and advantages of Verge?
I think one of the big differences is our community. We have such a great big community. Excellent people are part of this community, and we’re all volunteers. Nobody gets paid. There’s no rug pull, there’s no chance that somebody filling their pockets and running.
What is your opinion on bitcoin? Is it still a good investment?
I’m definitely no financial advisor by myself. Of course, I hodl bitcoin and that is my sort of crypto investment. I don’t look at Verge as an investment. Like I said, I look at that as the future’s currency and because I think that’s what a currency should be. That’s the closest thing that there is out there right now that I see as working long term as a currency.
How do you use Verge, especially after crypto limitations in Canada?
That’s a good one because Binance has been pulled out. So Binance Pay is a big supporter of Verge. For myself, a lot of peer to peer transactions. They can still take place, but mainly holding Verge because I see us using it everywhere in the future. The crypto industry takes a lot of patience, and we just need more time for people to see what Verge is and what it can do for the people.
What is the future of Verge and crypto in general?
I believe that the future is bright. There’s going to be a lot of things coming to do with the blockchain side of things. As a currency itself, I think it’s just going to be more time, and I see it slowly becoming a worldwide currency. There’s no doubt that in the last couple of years, the crypto industry has gotten a lot of awareness worldwide and I still think we’re just at the tip. We’re still like the iceberg poking out of the water. There’s a lot more to come, and there’s a lot more for it to do. We’re still in the stages of where governments are trying to figure out how they can capitalize on cryptocurrencies, and I think that’s going to be our next step, is getting around the CBDC’s (Central Bank Digital Currencies) and just helping everyone be aware that these cryptos are out there, and they don’t have to use a centralized currency, whether it be a digital currency or not, a centralized currency is a centralized currency.
