The Winklevoss twins said buying Bitcoin is the 'trade of the century' and predicted a 30x return in a recent interview. Here are the 9 best quotes
Winklevoss twinspitched a large purchase of Bitcointoday as the "trade of the century" and predicted the digital currencywill soar by 30 times in a recent Real Vision interview.
- Tyler and Cameron Winklevoss also described Bitcoin as a
social network, suggested comic books and baseball cards would increasingly move to blockchains, and bemoaned the Federal Reserve's lack of transparency.
- Here are their 9 best quotes from the interview.
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Tyler and Cameron Winklevoss described buying a large amount of Bitcoin now as the "trade of the century" and predicted the
The twins, who famously accused Facebook CEO Mark Zuckerberg of stealing their idea when he launched the social-media company, are Bitcoin billionaires and run a digital-currency exchange named Gemini. They made the comments during a a Real Vision interview filmed on December 7 and released on December 11.The pair also compared Bitcoin to a social network, predicted
Here are their nine best quotes from the interview, lightly edited and condensed for clarity:Tyler: "Bitcoin was the first internet money in the world. Then when you realize that money is the greatest social network of all, Bitcoin is maybe the greatest social network of all also."
Cameron: "We are just not going to run away with your Bitcoin. It just does not make any sense for us to do that."Cameron: "The mainland is legacy finance, crypto is an island. We want to see an inversion where crypto becomes the mainland and legacy
Tyler: "How do these conversations go behind the curtain? It is like the Wizard of Oz. The Fed, it is a mystery, and there is no clarity on how the decision is made. Wave the magic wand, Jerome Powell says this or that. It is insanity."
Tyler: "The dominoes are starting to fall, and eventually it is going to be a central bank, some very smart companies, a country is going to take a huge position in Bitcoin and talk about it."Read More: Buy these 28 discounted stocks from an LGBT-inclusive index that's crushed its global benchmark since 2010, says Credit Suisse
Tyler: "The trade of the century is still out there for a couple of people, a couple of hedge-fund managers. It will be as great as the George Soros breaking the pound trade" - describing the opportunity for a fund manager to buy $100 million worth of Bitcoin.
Tyler: "Our thesis is that Bitcoin rises 30-fold from here because it is digital gold, it disrupts gold."
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