Winklevoss: Crypto Doesn’t Need Rules, But… It’s no secret that the Winklevoss twins have been championing the ‘sanitization‘ of cryptocurrency. With their “fully regulated” Gemini exchange, their goal is to change the Wild West image of the fledgling industry that’s been plagued by exchange hacks, scams and fraudulent security offerings. Cryptocurrency entrepreneurs Tyler and Cameron Winklevoss have once again reclaimed billionaire status after Bitcoin soared to new 2019 highs this week. The twin brothers’ net worth ballooned to $1.45 billion according to Bloomberg’s Billionaires Index. The Winklevii began the year with ‘only’ $654 million, highlighting just how deeply tied their assets are to the Bitcoin […] Whereas Winklevoss admitted he hadn’t dabbled in mining, he did present Decrypt with a slice of Bitcoin historical past—an early Bitcoin miner pictured on the Bitcoin 2013 convention.. One-half of the famend Winklevii, Tyler—alongside together with his twin brother Cameron—has been concerned within the trade for a few years. The popular adage says that “He who laughs last, laughs best” and that couldn’t be truer when you think about the Winklevoss twins. In April, when they decided to invest $11 million in Bitcoin, several investors and businessmen laugh at their expense. However, now they are paying the bill, as the Winklevii were able to triple that initialRead More However, the argument that Bitcoin’s scarcity will become more evident as gold mining on asteroids gets underway is flawed. As Sagan said, “Extraordinary claims require extraordinary evidence,” and the Winklevii’s aforementioned assertion isn’t backed by “extraordinary evidence” whatsoever. Think about it – Yes, space mining is ... The prominent BTC proponents said that in case Musk proceeds with mining gold from asteroids, this could exemplify the precious metal’s problem as “its supply is just not fixed.” In contrast, Bitcoin has a pre-programmed maximum cap of 21 million coins ever to exist. It’s true.
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