Tyler Winklevoss tells CNBC that ‘Cash is trash’
He believes that investors will eventually send Bitcoin’s price over $500,000. Not one to mince words, Tyler Winklevoss reportedly told the business network CNBC that “Cash is trash.” In his view, it’s only a matter of time before investors dump the dollar and other fiat currencies for BTC: “At some point, it is hard to look at those data points and say that Bitcoin isn’t an incredible store of value.”His twin brother Cameron Winklevoss also said that Bitcoin (BTC) “just needs to be better than gold” to see its value rise to remarkable levels. The twins, who run the United States-based....
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Bitcoin recently set a new all-time high just shy of $20,000 on some top exchanges. Despite the strong rally from the March lows, analysts think there is further room for a rally. Speaking on CNBC on Monday, Tyler Winklevoss of Gemini said that Bitcoin could rally 2,500% from current levels. BTC rallying 2,500% would mean it moves to $500,000. Winklevoss is far from the only prominent investor in this market to think that Bitcoin could […]
In this interview with Gemini founder Tyler Winklevoss, he discussed “The Case For $500K Bitcoin,” the State vs. money and more. The post Interview: Tyler Winklevoss, The Bitcoin Ultra Bull appeared first on Bitcoin Magazine.
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]
Big name financial players continue buying into Bitcoin. Throughout 2020, more than a handful of traditional financial giants have picked up stacks of Bitcoin (BTC), including the likes of billionaire Paul Tudor Jones and business intelligence firm MicroStrategy. These investments are part of a flow of big money entrances into BTC, Gemini crypto exchange co-founders Tyler and Cameron Winklevoss recently said. “This is the most sophisticated investors, the smartest people in the room, buying the Bitcoin quietly, so it’s not a FOMO [fear of missing out] thing,” Tyler said in a CNBC....
Winklevoss Capital, the family office led by two of the largest known holders of bitcoin - brothers Cameron and Tyler Winklevoss - has officially launched an AngelList syndicate that will broadly focus on tech companies, possibly including promising digital currency startups. Announced in September and launched on 25th November, the syndicate has amassed 21 backers to date, including AngelList CEO and co-founder Naval Ravikant, serial investor Bill Lee and ex-head of Google Express Tom Fallows. Winklevoss Capital principal Tyler Winklevoss indicated that, while not broadly advertised in....