Winklevoss twins: 'We need to be frenemies' with Facebook now that it's into Libra crypto (via CNBCMakeIt)
"There's so much pie to grow, I mean, at this point, we need to be frenemies," Cameron said on Sunday.had talks about digital currency.
They Winklevoss twins learned about bitcoin in 2012 and had an "ah ha" moment when they started to see bitcoin as "money that works like your email," in that it was both fast and easy to use, Tyler said on "Sunday Morning.""I think I turned to Tyler and said, 'Hey, this is either the next big thing, or total BS!'" Cameron said.
The now 37-year-olds, who graduated from Harvard and Oxford universities and are Olympic rowers, have become known for their bold move into bitcoin. "Our thesis at the time was, bitcoin's going to disrupt gold. And gold has a market cap of $7 trillion today," Tyler said on Sunday. "So if bitcoin's gonna be worth $7 trillion or more, this seems like a cheap asset."As the Winklevoss twins learn which they hold — the next big thing or BS — the value of their bitcoin holdings is extremely volatile.
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