🚨 “Machine Gunfire” & Bitcoin: A Reckless Love Story 🚨
Mayer, an ardent bitcoin (BTC) apostle and investor, reminisced about the precarious tightrope walked by entrepreneurs backing ventures like Bitpay in 2013. “The specter of a five-year jail sentence loomed over anyone daring to own a money transmission business,” he noted wryly, referencing the U.S. regulatory quagmire of the time. Notably, Trace Mayer, the indefatigable Roger Ver, and the visionary Peter Thiel of Founders Fund, collectively fueled Bitpay’s growth with a $510,000 seed investment, despite the ominous legal clouds.