Reason to trust
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.
Here’s a little something you may be interested in checking out. Cameron and Tyler Winklevoss (also known as the Winklevoss twins/brothers) have released their slideshow called Bitcoin: The Internet of Money that was presented at the Value Investor’s Congress (VIC) just over one year ago on September 17th, 2013.
Cameron Winklevoss writes today:
[blockquote style=”2″]”For those of you who are not familiar with this conference, it attracts some of the most skilled and experienced public market investors in the world. They are a skeptical bunch by training and we were fully expecting a tough crowd with hard-hitting questions. Our goal was to educate these investors on the origins of Bitcoin, the powerful implications of the protocol (decentralized, open-source, peer-to-peer) and its investment use-case as a long-term store of value.”[/blockquote]
The 33-slide presentation covers a number of topics from the founding of the digital currency by Satoshi Nakamoto, to implications around the world, and its future.
This presentation was given when the price of bitcoin was about $130. Compared to today’s price of about $430. That’s quite an increase, and Cameron thinks the long-term outlook is good:
[blockquote style=”2″]”Most days I don’t check [the price of bitcoin] at all, but in the context of this presentation and using the granularity of a year, I think it’s a reasonably worthy exercise. Rome wasn’t built in a day, and Bitcoin won’t be either, but I still feel very bullish about its long-term value both as a technology and an investment.”[/blockquote]
You can view Cameron’s blog post on the Winklevoss Capital website in its entirety here.
Meh 
Shouldn’t that be ‘money off the Internet’?
I think they are referring to how innovative bitcoin is. Much like the Internet has transformed how we communicate, bitcoin will transform how we transact.