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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
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Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

The Winklevoss Twins and Nathaniel Popper Discuss Bitcoin

Gautham
Gautham
Last Updated: October 7, 2020 11:33 am
2 mins read

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Two big names from two different sectors, but still united by one common topic– Winklevoss Twins, known for their involvement in the Bitcoin industry and Nathaniel Popper, for his extensive coverage of Bitcoin in the New York Times and his recent book on Bitcoin titled “Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to reinvent Money” – were together at the GeneralAssemb.ly event organized yesterday in New York.

The Winklevoss Twins were interviewed by Nathaniel Popper, asking them a few questions about their start-up and the Bitcoin economy. Winklevoss twins were already well known to the tech community for their involvement in the conception of the famous Social Media platform Facebook, and now they are known for their active involvement in the Bitcoin ecosystem. The Winklevoss Twins have been working on Gemini, a Bitcoin exchange whose launch has been delayed for a while now due to regulatory approvals. During the course of the interview, Cameron mentioned that their product is already finished and they are just waiting for the BitLicense to be finalized for the release, which may be a matter of weeks from now.

Jumping topics, from Gemini exchange to the current more pressing matters related to the Blockchain technology, the Winklevoss Twins explained about how there is a misunderstanding in the community about the interconnection between Bitcoin and Blockchain. Cameron reiterated that Bitcoin transactions on the Blockchain is responsible for the security and decentralization of the whole network.

Unlike many Bitcoin companies which are against the recently introduced BitLicense in New York State, Winklevoss Twins announced that they are pro-BitLicense and they think that NYSDFS is really a friend of Bitcoin as the reason behind BitLicense is to prevent the money from being used for bad things. Even though they answered most of the audience’ questions over LiveStream, they didn’t get a chance to let the audience know about their stance on changing the block size of Blockchain.

The presence of both well-known personalities in the Bitcoin community at the same place attracted a lot of audience.

READ MORE: Cash Will Be Obsolete by 2025 – Winklevoss Twins

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