Since Bitcoin’s birth eleven years ago, dozens of people have become extraordinarily rich thanks to cryptomonics. Especially after the abrupt increase in its price during the great bullish rally of 2017. However, until now the fortunes of many of these crypto millionaires had been secret. This is starting to change now that the Winklevoss brothers claim to have $2 billion thanks to Bitcoin.
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The Winklevoss brothers in the crypto world
The crypt world is full of personalities and opinion makers, who influence the way the crypt currency community thinks and acts. They range from successful entrepreneurs like Changpeng Zhao and Justin Sun, to market analysts like Max Keiser and Scott Melker. But few crypt influencers have such an interesting history as the Winklevoss brothers.
Tyler and Cameron Winklevoss got their start in the world of cryptology thanks to Facebook. Well, after filing a lawsuit against Mark Zuckerberg for allegedly stealing their idea for the creation of the social network. The Winklevoss brothers invested 11 of the 65 million product of their Facebook deal in Bitcoin.
This could have seemed risky, practically insane, in 2011. However, time would eventually reward the Winklevoss‘ decision. For, with the arrival of the big upward rally in 2017, and all the movements that the cryptomoneys have experienced in recent years, the brothers‘ fortunes have multiplied exponentially. It allowed them to become two of the most prominent figures on the market, and to found their own exchange, Gemini.
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The Bitcoin Fortune of the Winklevoss
However, until now the extent of the Winklevoss brothers‘ fortune had been a secret to the crypto world. For while one could speculate on the growth of the $11 million value placed in Bitcoin in 2011, one could not know the profits generated by the Winklevoss businesses, or the expenses made by the brothers over the years.
However, in an interview with Dave Portnoy, the Winklevoss brothers have finally confirmed the extent of their wealth. Claiming that they would now own 1% of all Bitcoins in existence. This would represent at least 184,610 BTC, which at its current price of $11,838, would be equivalent to about $2.18 billion in the crypt currency.
„We think of Bitcoin as the gold of the Internet. So it has the same qualities that make Immediate Edge gold valuable, the fact that it’s scarce, Bitcoin is actually fixed value even though it’s digital. It lives on the Internet. If you think about why gold is interesting, Bitcoin is Internet gold. The Winklevoss brothers commented on why they trust Bitcoin.
So, even though they have amassed a significant fortune through their participation in Bitcoin. The Winklevoss brothers don’t seem to have any intention of selling their savings in the cryptomoney anytime soon. So we can expect that the assets of these crypt influencers will continue to grow along with the price of BTC. Showing the confidence that cryptomoney provides to investors like the Winklevosses.