The Winklevoss twins, Cameron and Tyler Winklevoss, are American entrepreneurs and investors best known for their early involvement in Bitcoin and cryptocurrency. Born on August 21, 1981, in Southampton, New York, the Winklevoss twins gained prominence for their role in the early development of Facebook and their subsequent legal battles with Mark Zuckerberg. Cameron and Tyler Winklevoss attended Harvard University, where they co-founded ConnectU, a social networking website, in 2004. The concept of ConnectU later became the subject of a legal dispute with Facebook founder Mark Zuckerberg, whom the Winklevoss twins accused of stealing their idea. The legal battle resulted in a settlement with Facebook, which included a cash payment and Facebook stock. Following their involvement with Facebook, the Winklevoss twins turned their attention to Bitcoin and cryptocurrency. In 2012, they began investing heavily in Bitcoin, purchasing a significant amount of the digital currency when its price was still relatively low. The twins' early investment in Bitcoin proved to be highly successful, as the price of Bitcoin surged in the following years, making them among the first Bitcoin billionaires. In addition to their personal investments in Bitcoin, the Winklevoss twins are also known for their involvement in the cryptocurrency industry through their company, Gemini. Founded in 2014, Gemini is a digital asset exchange and custodian that allows users to buy, sell, and store cryptocurrencies in a secure and regulated environment. Gemini has become one of the leading cryptocurrency exchanges in the United States, known for its focus on regulatory compliance and security. Beyond their work in the cryptocurrency industry, the Winklevoss twins are also Olympic rowers, having competed in the men's pair rowing event at the 2008 Beijing Olympics. They are known for their entrepreneurial spirit, their early adoption of Bitcoin, and their efforts to promote mainstream adoption of cryptocurrency through initiatives like Gemini and their outspoken advocacy for Bitcoin and blockchain technology.
Cameron Winklevoss, the co-founder of Gemini exchange, has stated that the next phase of growth for the cryptocurrency market will begin in the East, and the US risks being left behind if it does not accept digital assets.
Anthony Pompliano, a cryptocurrency enthusiast and co-founder of Morgan Creek Digital, said that Bitcoin's capitalization will exceed that of gold by 2030.
The founders of the Gemini cryptocurrency exchange Cameron and Tyler Winklevoss believe that Bitcoin is much more reliable than gold, because there are huge reserves of this metal on asteroids.
Popular trader Dave Portnoy interviewed the Bitcoin billionaires of the Winklevoss, in which they stated that Elon Musk will someday mine gold from asteroids, so it is better to invest in Bitcoins. The value of Bitcoin and gold is in the limited supply of these assets, but if gold is mined in space, then its price will collapse.
During the session of questions and answers on the Reddit portal, the founders of the Gemini cryptocurrency exchange - brothers Cameron and Tyler Winklevoss predicted that in the future the capitalization of the cryptocurrency market would exceed $ 7 trillion.
According to the twins, the evolution of technology in the future will change the trade, financial system, Internet and cash. They stressed that the process would not be easy and perhaps not very successful, but the brothers believe that technological revolutions will create new rules and this will lead to success.