Category Archives: cameron winklevoss

Auto Added by WPeMatico

Winklevoss: Bystanders Crazier than Bitcoin Investors

Winklevoss: Bystanders Crazier than Bitcoin Investors

One half of the Winklevoss twins and co-founder of the Gemini cryptocurrency exchange, Cameron Winklevoss, has debated that it would be “definitely crazier” to be a bystander on the sidelines than to be a part of the future of money that Bitcoin and other crypto are building.

Some people think it’s crazy to invest in crypto. Maybe. But definitely not as crazy as sitting on the sidelines when the future of money is literally being built before your eyes.

— Cameron Winklevoss (@winklevoss) May 20, 2019

Not ready to be outdone by his brother Tyler, also a Bitcoin bull active on Twitter who has called Bitcoin “Gold 2.0“, Cameron said:

“Some people think it’s crazy to invest in crypto. Maybe. But definitely not as crazy as sitting on the sidelines when the future of money is literally being built before your eyes.”

There are plenty of detractors, of course, even as Bitcoin surmounts a credible rally towards new highs in 2019, beating all other traditional assets such as gold, oil and the stock markets to be the best performing asset of the year so far. One such person is popular TV personality and wealthy entrepreneur Kevin “Mr Wonderful” O’Leary of Shark Tank fame.

In his recent argument with crypto analyst Anthony Pompliano of Morgan Creek, O’Leary insisted that there was no value in owning Bitcoin as an asset class:

“Tell me why this, which is basically a digital game, has any intrinsic value. And where is the long-term value? Just this idea that they’re going to cut the number of units in half is just a scam. That’s just total BS.”

Long time commentator Tom Lee, as well as others like the Winklevoss brothers, however, are of the opinion that Bitcoin has more than made a case for its title as “digital gold”. The millions of users and thousands of merchants accepting Bitcoin would be keen to agree.

 

Follow BitcoinNews.com on Twitter: @bitcoinnewscom

Telegram Alerts from BitcoinNews.com: https://t.me/bconews

Want to advertise or get published on BitcoinNews.com? – View our Media Kit PDF here.

Image Courtesy: Pixabay

The post Winklevoss: Bystanders Crazier than Bitcoin Investors appeared first on BitcoinNews.com.

™

Winklevoss Twins Story ‘Bitcoin Billionaires’ Out Next Year, Movie Possibly to Follow

Publisher Little Brown is to release a biography about crypto twins Cameron and Tyler Winklevoss called “Bitcoin Billionaires”. The book, which is to be published both in the UK and US next year, has been bought by Richard Beswick, Little Brown’s publishing director.

The brothers, renowned in sporting circles as a rowing pair who competed for the US in the 2008 Beijing Olympics, are perhaps better known for suing Mark Zuckerberg in 2014 for supposedly stealing their Uconnect social networking concept which went on to become Facebook. The case netted them USD 65 million.

The book will follow their various travails through the Silk Road website, their dealings with the SEC and the Facebook affair. According to a spokesman from the publishing house, their dubious connection with Zuckerberg damaged their potential to be investable, as investors were concerned about “alienating their nemesis”. Little Brown promises it will take readers on “a wild and surprising ride while shining a bright light on an economic event that continues to baffle the average reader”.

Once, as Little Brown pointed out, a chance encounter in Ibiza drove them to realize that Facebook had become “establishment”, they moved on very quickly:

“If they wanted to be disrupters and make a true killing they needed to get in on the ground floor of a brand new idea: cryptocurrency. They started buying Bitcoin when it was USD 6 a coin – it is now trading at over USD 7,000 a coin.”

As a result, on 26 November 2017, the twins became the first Bitcoin billionaires.

This isn’t the first time that the Winklevoss twins have featured in a book by Ben Mezrich. It was his 2009 book, The Accidental Billionaires, which was adapted into the Academy Award Winning movie The Social Network with actor Armie Hammer playing both twins.

There is a rumor circulating that the book is already being considered for a movie deal after a report by the New York Post. The twins have also appeared on this year’s “40 under 40” fintech movers and shakers.

 

Follow BitcoinNews.com on Twitter at https://twitter.com/bitcoinnewscom

Telegram Alerts from BitcoinNews.com at https://t.me/bconews

Image Courtesy: Pixabay

The post Winklevoss Twins Story ‘Bitcoin Billionaires’ Out Next Year, Movie Possibly to Follow appeared first on BitcoinNews.com.