Winklevoss Twins Think Bitcoin (BTC) will be bigger than gold

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There are many who made fun of the Winklevoss Twins when they decided to take part of the payment from their Facebook case for the purchase of Bitcoin (BTC), but since then they have become two of the most important figures in the world of cryptocurrency. It seems that the decision has been wise, considering that many believe they have become the first Bitcoin billionaires in the world during the run to the bull of the cryptocurrency in 2017.

It does not seem that their enthusiasm has faded, as the two clearly believe in a very bullish future for Bitcoin. During a recent Ask me anything (AMA) session on Reddit, the two brothers stressed that they believe the future is still bright.

AMA details

For those who are not aware, Reddit regularly holds "Ask Me Anything" sessions, in which a user receives questions from participants on the Internet. Cameron and Tyler Winklevoss – otherwise known as Winklevoss Twins – recently took part in an AMA.

The two answered several questions, which mostly revolved around the cryptocurrency. One of the reasons why they held the AMA could be the fact that the exchange of cryptocurrencies they founded, Gemini, has just celebrated its 3 years.

Bullco of Bitcoin

Specifically, the Winklevoss twins believe that the importance and relevance of Bitcoin will increase over time. Cameron Winklevoss said: "Bitcoin is definitely the OG crypto! It is difficult to defeat the network effects – so in terms of" hard money "(that is, value deposit), Bitcoin is most likely the long-term winner".

Tyler WInklevoss went a step further, comparing it to the fact that gold has a market capitalization of $ 7 trillion. He believes that Bitcoin will eventually outgrow the gold in this sense. He said: "Our thesis on the increase in bitcoin remains unchanged. We believe that bitcoin is better than gold and gold. If we are right, over time the market capitalization of bitcoin will exceed the gold market limit of around 7 billion dollars ".

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