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Winklevoss Brothers On BTC: ‘Wall Street Has Been Asleep’

Stefan by Stefan
23/08/2019
in Bitcoin News
Reading Time: 2 mins read
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The popular Winklevoss twins have voiced their opinion on Bitcoin (BTC) in a recent interview with CNN Business on August 22 which featured them in the latest cryptocurrency news on many websites. We have seen Winklevoss brothers on BTC, talking about how they regard Bitcoin and stating that it is retail investors who are still largely reaping the benefits of the cryptocurrency market.

The interview with CNN Business also saw the Winklevoss brothers giving their perspective on Bitcoin as an investment tool, along with all the industry risks and the traditional financial sector’s approach to the new asset class.

Even though many regard Bitcoin as too risky as a bet for the average investor, one of the brothers named Tyler argued that on the contrary, the retail sector remains one step ahead of the financial institutions when it comes to cryptocurrency. The Winklevoss brothers on BTC narrative featured them stating the following:

“Unlike the internet, which you couldn’t buy a piece of, you can actually buy a piece of this new internet of money. It’s still a retail-driven market, from day one […] and a lot of people have done really well. Wall Street has been asleep at the wheel.”

When it comes to the traditional investments, one of the twins named Cameron added that Bitcoin is most similar to gold – and is seen as a new store of value for the digital era. Even though it is volatile, he added that BTC is the future, underscoring:

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“We had to invest because we were afraid of missing out, we couldn’t miss out on this future.”

The twins were as ever keen to demonstrate their readiness to liaise with regulators, the altcoin news show. Known as the Gemini exchange founders, the Winklevoss brothers said that since it is not launched yet – no one is using Facebook’s Libra yet – and that there is a lot of regulatory din surrounding it already.

The bottom line, as many best cryptocurrency news sites reported, is that the Winklevoss brothers on BTC think that “more criminals have used the dollar than anything else.”

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DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Tags: gemini brothersgemini exchangewinklevoss bitcoinwinklevoss bitcoin opinionwinklevoss brotherswinklevoss geminiWinklevoss Twinswinklevoss wall street
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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