Bitcoin & Gemini: A Discussion With the Winklevoss Brothers

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In this fireside chat, Cameron and Tyler Winklevoss discussed what they think Bitcoin needs to succeed and why their new bitcoin exchange, Gemini, is a critical piece of the puzzle. In addition to Gemini, they discussed their thoughts on why they think Bitcoin and blockchain technology are poised to change the world. The twins also discussed their investment firm, Winklevoss Capital. Cameron and Tyler have invested in over 40 startups and they shared what they learned so far and what they look for in entrepreneurs and startups when making investment decisions.

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9 COMMENTS

  1. Decentralized peer-to-peer worldwide distributed open source cryptographically secured math based trustless blockchain technology is the way to empower the people and bypass banks and all centralized financial institutions, the path to reset the control from the few to the many, is the future for everything. The potential implications of the development of distributed consensus technologies is revolutionary. It is very safe, since is cryptographically secured by a distributed global mathematical algorithm and public decentralized open source ledger, a revolutionary disruptive technology called 'Blockchain'. 
    https://en.bitcoin.it/wiki/Block_chain

    This could be the future of money for everything, from donations, micropayments, money transfers, online shopping and bill payments, etc. 

    Empowering and welcoming to the game to billions of unbanked people. And the blockchain peer-to-peer open source decentralized secure technology will be used for many more applications, like escrow, contracts, voting, global ledger, etc.

    Bitcoin is backed by mathematics, open source code, cryptography and the most powerful and secure decentralized distributed computational network on the planet, orders of magnitude more powerful than google and government combined. There is a limit of 21 million bitcoins (divisible in smaller units). Dollars are not backed by gold anymore since long time ago, they are printed by the trillions out of nothing by the private institution called "Federal" Reserve.

    Receive and transfer money, from cents (micropayments) to thousands:

    Almost for free (a few cents fee).

    Privacy (no need to expose personal information)

    Securely (encrypted cryptographically)

    Instantly (from seconds to a few minutes)

    Open source (auditable by anybody)

    Worldwide (from anywhere to anywhere on the planet).

    Peer-to-peer (no intermediaries with a cut)

    Public ledger (transparent, seen by everybody)

    Decentralized (distributed with no single point of failure)

    No chargebacks-No fraud ('push' vs' 'pull' transactions).

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