Winklevoss twins: ‘Bitcoin will reach $500000’ – The National

  • Date: 07-Jun-2023
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
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Winklevoss twins: ‘Bitcoin will reach $500000’ – The National

It was not until 2012 that Cameron and Tyler Winklevoss, the billionaire founders of cryptocurrency exchange Gemini, stumbled across Bitcoin while on a summer holiday in Ibiza, Spain.

When they returned to the US, they started researching the digital token that was created by Satoshi Nakamoto, the pseudonym used by the person believed to have developed Bitcoin during the 2008 global financial crisis.

And it was then that the light bulb came on and they realised that Bitcoin could be the investment of the decade, they told The National during a recent visit to the UAE to announce plans to apply for a virtual asset licence to operate Gemini in the Emirates.