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The Peter McCormack Show

Bitcoin is the Answer with Cameron & Tyler Winklevoss - WBD225

The Peter McCormack Show

Peter McCormack

Power, Politics, Government, Markets, News, Society & Culture, Technology, Society, Inflation, Finance, Bitcoin, Economics, Money

4.72.8K Ratings

🗓️ 22 May 2020

⏱️ 105 minutes

🧾️ Download transcript

Summary

Location: Zoom Date: Monday 18th May Project: Gemini Role: Co-Founders

The Social Network, directed by David Fincher, introduced Cameron and Tyler Winklevoss to the world. The film told the story of how Mark Zuckerberg stole their idea to create Facebook, and would later settle for $65 million.

After settling the court case and retiring from their careers in rowing, where the twins represented the USA in the 2008 Beijing Olympics, they started a fund and discovered Bitcoin. In 2014 they created Gemini, now one of the largest regulated cryptocurrency exchanges.

The film portrayed the twins as cliche sporting jocks, an image which has been hard to shake off. Cameron and Tyler are more at home building things and their success since Harvard is not luck.

My picture of the twins, like most, was created from the Social Network and their appearances on mainstream news discussing finance, but I wanted to know more about them. This interview is, therefore, the interview I have wanted to hear from them. We discuss The Social Network, Facebook and Mark Zuckerberg, how they discovered Bitcoin, regulations and the role of Wall Street.


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Transcript

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0:00.0

Bitcoin's the answer, right? It's the only heads or vaccine to give you immunity to the

0:06.8

disease of money printing.

0:08.6

Hello there from the UK, how are you all all welcome to the what Bitcoin did

0:12.8

podcast which is brought to you by the mighty cracken the best place to buy

0:16.7

sell a trade Bitcoin I'm your host Peter McCormack and today I've got a massive

0:20.8

interview something I have been working on for over a year an interview with

0:24.4

Cameron and Tyler Vincalvoss from Gemini, but before that I have a message from my amazing show sponsors.

0:30.5

So first up we have Block Phi, the future of Bitcoin and financial services and have you checked out their new mobile app yet?

0:37.0

Everything you expect from BlockFi packed into your phone.

0:40.0

Quick and easy to sign up you can get started in just minutes, allowing you to earn interest, borrow

0:45.6

U.S.D and instantly access your portfolio.

0:49.2

You can open a block-fine interest account and earn money on your Bitcoin and you can also use your

0:53.6

Bitcoin as collateral and take out a U.S. D loan. The app enables funds to be

0:58.0

transferred directly from a crypto wallet into your Blockfire account and

1:01.5

that's not all. In the coming weeks and months

1:03.7

they are going to be rolling out additional functionality to make the app

1:06.9

even better and easier to use. If you are interested in checking out BlockFi

1:10.8

I recommend you do your own research and then head over to Blockfire.com

1:16.8

and we also have Cracken who puts the power in your hands to buy, sell and trade Bitcoin.

1:21.6

Now there has been a massive growing interest in

1:23.9

Bitcoin recently. I've had a few of my friends get in touch recently text or

1:27.4

messages on Facebook and they're like Pete tell me about this Bitcoin thing or

...

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