Bitcoin is Gold 2.0 Says Winklevoss Twins
Tyler Winklevoss and Cameron Winklevoss, co-founders at Gemini, joined a panel on Bloomberg to discuss the positives of Bitcoin, and Bitcoin’s potential to disrupt gold.
When asked why people should invest in Bitcoin rather than speculate, Tyler Winklevoss explains that they “think that Bitcoin is like gold 2.0”
“Whatever your reasons are for investing in gold whether it is scarce, durability, portability, fungibility, we think that Bitcoin matches or beats gold across the board in all those categories. “
The Winklevoss twins went on to say they believe there is a possibility of another twentyfold increase in the Bitcoin price. That would put Bitcoin well over $300,000 USD.
Gemini is a Bitcoin exchange founded by the Winklevoss twins in 2015. Gemini sells itself as…
“The next generation digital asset platform built for businesses and investors. Buy, sell, and store both bitcoin and ether with superior trading features, security, and regulatory oversight.” Gemini
Gemini allows users to trade with the following trading paris:
As of writing this post, Gemini is ranked #15 in exchanges for volume in Bitcoin and #5 for volume for the BTC/USD trading pair.
Video Source Bloomberg