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Tyler and Cameron Winklevoss, Bitcoin bulls (BTC) and the founders of Gemini crypto-exchange, say that if Facebook's crypto secret project is positive for the industry, it will eventually create something bigger than the era of social networks. The twins made their remarks during an interview with the British newspaper The Telegraph on March 17th.
The Winklevoss twins have a well-known antagonistic story with Facebook founder Mark Zuckerberg, suing him for stealing the idea of the social network during the Harvard trio's student days. The case was finally settled, with the twins receiving $ 20 million and 1.2 million Facebook shares (worth more than $ 199.2 million per second).
Years after the first Winklevoss twins came into Bitcoin, Zuckerberg now seems to be entering the cryptographic space thanks to Facebook's highly secretive project of integrating cryptographic payments into a global email service for WhatsApp, Facebook Messenger and Instagram.
In their interview with The Telegraph, the twins apparently put aside their differences. Cameron claimed that a Facebook account would be a "really positive" development for the crypto industry, echoing Taylor's comment that he is "cool." Zuckerberg comes on the market they have defended for so long.
Nevertheless, the twins said they believed in the end that the innovation announced by cryptography represents a more important and disruptive development than social media platforms.
Cameron pointed out that "crypto is transferring value and putting markets on some resources, which is more important, getting more people to like, like, like, sharing pictures right," added Tyler:
"[It’s] powerful. People want to create links and create links, but if you are actually paying for people and valuables, it's almost more important. "
As reported Cointelegraph, unconfirmed reports on Facebook's plans to incorporate cryptocurrency for WhatsApp users were first announced in December 2018, followed by additional details – yet unconfirmed – of the project in February.
The site is preceded by an encrypted email application developed by Russia, designed by the public, to create a messaging network powered by crypto and blockchain.
The Winklevoss Twins – whose many investments in cryptography cover their cryptographic exchange and trading application, their stablecoin-indexed and a sustained industry involvement a Bitcoin trading agreement of several years.
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