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Tyler and Cameron Winklevoss, co-founders of the Gemini Crypto Exchange, acknowledged in an interview with CNN that they were ready to partner with Facebook for the Libra project.
Tyler and Cameron Winklevoss believe in Libra
On August 19, the Winklevoss brothers announced to Poppy Harlow of CNN that they would close their eyes to their rivalry with Mark Zuckerberg on Facebook for Libra. Whether or not they reach an agreement with the social media giant, the twins believe in the potential of Libra. They said that Facebook's digital currency project was ideal for the market at a time when cryptos were ubiquitous. Cameron noted:
I think there is a day in the future where we can not live without crypto, or imagine a world before crypto.
The potential collaboration between Gemini's co-founders and Mark Zuckerberg could come to fruition despite their old legal battle over the origins of the social media giant and who should be called Facebook's creators.
It is not surprising that Zuckerberg consulted the brothers when they developed Libra.
In 2011, when the conflict erupted, CNN had sarcastically predicted that the only thing that could stop the "Winklevoss twins' legal crusade against Facebook" was the end of the universe that should occur in the next several billion years. In the end, Libra could become more powerful than anticipated thermal death. This is true at least in the context of the Zuckerberg-Winklevoss brothers' rivalry.
In addition, the twins felt comforted by their role in the growing cryptography industry after the creation of Gemini.
Tyler Winklevoss explained:
Facebook was a conflict, but it did not really define who we were as people. Gemini is more about who we are, what we represent, what interests us.
Gemini could join the Libra Association
The twins, once known as Bitcoin billionaires, have been talking to the social media giant about membership in the Libra Association. The latter is a decentralized entity that is expected to have 100 members by 2020. Facebook has already unveiled the 28 founding members, including Visa, MasterCard, PayPal and Coinbase.
Tyler and Cameron said they want to know more about Libra before making the final decision. In addition to being part of the association, Gemini could also list the Libra at the time or when it was launched. Indeed, there is a minor possibility that Libra is never launched because of regulatory pressures.
However, the Winklevoss brothers have confidence in the future of Libra. In addition, Cameron expects each of the giants of FAANG, including Amazon, Apple, Google and Netflix, to switch to crypto at some point.
When do you expect each of the FAANG companies to launch into crypto? Share your thoughts in the comments section!
Pictures via Shutterstock
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