NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

Winklevii Twins on Bitcoin: “We Couldn’t Miss Out on this Future”

Rick Delafont
Rick Delafont
4 years ago
2 mins read
winklevoss bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Despite owning more Bitcoin that most of us could possible imagine, the story of how the joint owners of the Gemini cryptocurrency trading platform first got into the digital asset space is all too familiar. Cameron and Tyler Winklevoss have admitted to suffered from a case of FOMO back in 2013 when they first entered the market.

In a recent interview, the two also commented that they do not think allegations of Bitcoin’s use for criminal acts should tarnish the cryptocurrency’s reputation. They argue that criminals use just about every other useful tool too.

Even Tyler and Cameron FOMO’d Into Bitcoin

Appearing on a CNN Business segment earlier today, the two owners of the Gemini exchange lacked the kind of pessimism that the Bitcoin Fear and Greed Index suggests has gripped the market of late.

Cameron and Tyler Winklevoss, co-founders of cryptocurrency exchange Gemini, explain why they are bullish on Bitcoin despite the potential risks associated with it https://t.co/SAN7tRUvr6 pic.twitter.com/sZwJeb34kc

— CNN Business (@CNNBusiness) August 22, 2019

During the short segment, Tyler, like many others have done before him, equated Bitcoin to the internet in terms of the impact it will have on human society. However, he identified one key difference between the two technologies:

“Unlike the internet, which you couldn’t buy a piece of, you can actually buy a piece of this new ‘internet of money'”.

He went on to state that Wall Street traders and financial institutions have “been asleep at the wheel” on Bitcoin. By exercising caution, many professional money managers have missed out on the kind of gains early retail investors have enjoyed.

Tyler’s twin brother, Cameron, then took over, drawing on another oft-repeated Bitcoin analogy:

“An investment in Bitcoin is like an investment in gold… This is a new asset class, it’s the future. It is volatile; there have been ups and down. But we think directionally, it’s moving in the right direction.”

He went on to describe the original impetus for the pair to invest heavily in Bitcoin back in 2013. Claiming it was a classic case of “FOMO” (“fear of missing out”), Cameron stated:

“We couldn’t miss out on this future.”

The conversation shifted to talk of the regulatory attention Facebook’s digital currency plans had brought to Bitcoin and the rest of crypto. The presenter reminded the twins of Bitcoin’s use in financing the Russian meddling in the 2016 US presidential election and it being the dominant currency used on dark web markets like the original Silk Road. The concerns of US Treasury Secretary Steven Mnuchin and those of other lawmakers were raised too.

To this, Tyler responded that the concerns were not unique to Libra or Bitcoin. Terrorists also use cars, email, and US dollars. He added:

“Bitcoin has been used by some bad actors but a lot of those people are in jail… Smart criminals haven’t been using Bitcoin because it’s actually very traceable.”

Finally, he concluded by stating:

“More criminals have used the dollar than anything else.”

 

Related Reading: Yes, Criminals Use Bitcoin: They Also Use Cars, Cash, Mobile Phones, and the Web…

Featured Image from Shutterstock.
Tweet123Share196ShareSend
Rick Delafont
Rick Delafont

Rick Delafont

Based in Europe, Rick has written about the cryptocurrency industry since 2016. He was first drawn to Bitcoin as a means of payment but quickly became fascinated by its wider potential implications. His interests lie in the political, economic, and social impact of the unfolding digital asset revolution.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin

Bitcoin Stalls After Rally: Will It Blast Through $125,000 Or Slip Back To $110K?

After a powerful breakout last week that pushed Bitcoin into a new all-time high of $118,667, the world’s leading cryptocurrency...

Scott Matherson 10 hours ago
Bitcoin

Kiyosaki Awaits The Next Bitcoin Sale: ‘My Fellow Pigs And I Are Feasting’

Robert Kiyosaki, author of “Rich Dad Poor Dad,” stepped back into the Bitcoin market with a bold move. According to...

Christian Encila 11 hours ago
bitcoin bull run

Έρχεται νέο ράλι τιμής Bitcoin ;

Η τιμή του Bitcoin φαίνεται να έχει ακόμα αρκετό περιθώριο ανόδου, με τους αναλυτές να μιλούν για νέα ιστορικά ρεκόρ....

Ανθή Ντόνκοβα 14 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin Price Attempts a Comeback

Bitcoin Price Hits $120K Milestone — Bulls Make History Again

Aayush Jindal 2 minutes ago
Bitcoin price news

Bitcoin Price Crash Possible As Correction Sentiment Takes Hold — $110,000 Next?

Scott Matherson 24 minutes ago

Arthur Hayes預測怪獸級山寨幣風暴來襲!哪些冷門項目有望暴漲1000倍?

Mark Mak 4 hours ago

Premium Sponsors

Press Releases

  • アルトコイン急騰の今買うべき仮想通貨プレセール

    ...

    13 hours ago
  • 仮想通貨おすすめ|強気市場で爆発的成長が見込まれる注目のミームトークン

    ...

    13 hours ago
  • BTC最高値更新の中で注目される新たなレイヤー2プロジェクトが狙う仮想通貨1000倍の可能性

    ...

    14 hours ago
  • ビットコインが11万8,000ドルの最高値を記録する中で注目すべき仮想通貨プレセール

    ...

    2 days ago
  • 仮想通貨 おすすめ|急騰するDogwifhatとFartcoin、注目の低価格ミームコインとは?

    仮想通貨...

    2 days ago

Newsletter

Be the first to get the latest important crypto news & events to your inbox.

  • This field is for validation purposes and should be left unchanged.

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.