The Winklevoss Twins Discuss Bitcoin on CNBC

The Winklevoss Twins Discuss Bitcoin on CNBC

Perhaps the surname Winklevoss sounds familiar to you. Maybe even the Winklevoss twins is more familiar. They're the duo that sued Facebook's Mark Zuckerberg for allegedly ripping off their 'ConnectU' social network at Harvard. Well, they're avid Bitcoin investors and see it's promising much like you may. They appeared this morning on CNBC to discuss bitcoin, which is something you may find interesting. The report describes bitcoin as Gold 2.0. Very interesting stuff, indeed. [via CNBC]

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There was plenty of ugliness to be found in the markets this year. Ukranian and Venezuelan sovereign debt. High-yield, energy-related corporate bonds. Argentine pesos. Russian rubles. Greek stocks. But none of these investments has been as atrociously awful as Bitcoin, the heavily hyped crypto-currency that stormed onto the financial scene in the last few years, threatening to disrupt the cornerstone of global finance that is fiat currency.

Matt Phillips, Writer for Quartz, former writer in Wall Street Journal