Bitcoin is ‘Better Than Gold,’ Winklevoss Twins Say
The Winklevoss twins say Bitcoin is “better than gold” as they continue to press for regulatory approval of their Exchange Traded Fund COIN. Bitcoin: The Greatest Social Network of All. Following their much publicized legal battle with Zuckerberg the twins were first introduced to Bitcoin in 2012. They were impressed by its possibilities to provide cheap, efficient banking services. Allowing accessibility to these for the ‘unbanked’ also inspired them. Tyler Winklevoss acknowledged: We see bitcoin as potentially the greatest social network of all. But more than this, they saw the potential....
Related News
In a televised interview, the Winklevoss Twins state that bitcoin is more stable than gold as a store of value, opining that investors are starting to look at storing their wealth in the cryptocurrency. The Winklevoss Twins are understandably going through a press-tour, plugging their Gemini exchange which began operations in Canada yesterday. Speaking to Bloomberg in an interview, the twins vouch for bitcoin as a better store of value than gold, noting that investors who hold precious metals in their portfolio are considering bitcoin as a better store of value. Cameron Winklevoss opined....
The Winklevoss Twins have described Bitcoin as better than gold because it experiences ‘a lot less volatility’ and is a better store of value at the moment. They cited a Wall Street Journal story in May which described how the virtual currency has been more stable than gold over the last 28 days. Tyler Winklevoss said: “So I think investors who have gold in their portfolio and other precious metals have started to look to Bitcoin as a better store of value. It’s got better characteristics than gold itself. So it’s actually better at being gold than gold. We are seeing investors recognise....
Two big names from two different sectors, but still united by one common topic- Winklevoss Twins, known for their involvement in the Bitcoin industry and Nathaniel Popper, for his extensive coverage of Bitcoin in the New York Times and his recent book on Bitcoin titled "Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to reinvent Money" - were together at the GeneralAssemb.ly event organized yesterday in New York. The Winklevoss Twins were interviewed by Nathaniel Popper, asking them a few questions about their start-up and the Bitcoin economy. Winklevoss....
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]
It’s been three years since the Winklevoss twins announced their intention to release a bitcoin ETF to investors. Since then, they’ve battled with regulators and watched as others created and released similar products. Now, we’re again hearing that the Winklevoss ETF will “soon” be released. The question is: will the Winklevoss ETF really ever be cleared for launch? Winklevoss and Bitcoin. In 2012, the Winklevoss twins encountered Bitcoin during a chance discussion with a friend while vacationing in Ibiza. It was at that point that the twins learned the potential for the digital currency....