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The Peter McCormack Show

Bitcoin's Path to $10 Trillion with Cameron & Tyler Winklevoss - WBD329

The Peter McCormack Show

Peter McCormack

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

4.72.8K Ratings

🗓️ 2 April 2021

⏱️ 65 minutes

🧾️ Download transcript

Summary

Location: Remotely Date: Wednesday 31st March Company: Gemini Role: Co-Founders

Earlier this year, bitcoin hit a significant milestone when the market capitalisation (the price of the entire current supply) hit $1trillion for the first time. As Cameron Winklevoss said, "from white paper to $1 trillion, bitcoin is eating gold alive."

Cameron and Tyler expect this trend to continue. With bitcoin as digital 'gold 2.0' that is more scarce, transferable and a better store of value than gold, it is just a matter of time until it eclipses gold's $10 trillion market cap.

To welcome the show's newest sponsor, I talk with Cameron & Tyler Winklevoss, Gemini's co-founders. We discuss their case for $10 trillion bitcoin, sponsoring devs, proof of reserves and whether governments will ban bitcoin.


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Transcript

Click on a timestamp to play from that location

0:00.0

We're literally just getting started. We're like one-tenth of the way to the

0:06.7

the 10 trillion dollar market cap.

0:08.7

Hello there from Bedford in the United Kingdom, the Bitcoin Mecca of the world. How are you doing?

0:14.8

You all well. You have a great week. Bitcoin has just tapped 60,000. I think we're going to break through

0:20.5

right. Ready for the next leg up. Anyway, welcome to the

0:24.6

What Bitcoin did podcast which is brought to you by Gemini, who I will now be

0:28.1

using exclusively for buying Bitcoin and I'm your host Peter McCormack and to welcome Gemini as a sponsor.

0:35.0

I'm joined by their co-founder Cameron and Tyler Winklevoss,

0:38.0

where amongst other things we're going to be discussing Bitcoin's path to a 10 trillion dollar market cap. But before

0:44.9

that I do have a message from my show sponsors and of course we will kick off

0:49.2

with Gemini today as they are my new exchange sponsor and I will be using them exclusively

0:55.1

for buying and selling Bitcoin. Well, mainly buying right. Because we're

0:59.5

hodlers, we're not sellers, right? But I do want to give a massive shout out to both Cameron and

1:04.6

Tyler for agreeing to support the show. I've been spending a lot of time talking to

1:08.9

them about Bitcoin and where I'm taking the show and you know I've been super impressed about how much they want to support Bitcoin

1:15.8

When I did my previous interview with them I put some pressure on to them I said come on you need to be sponsoring some deaths and they just went out there and they've been

1:22.8

committing hundreds of thousands of dollars into various Bitcoin projects and

1:26.8

look they said the door is open to approach them with new ideas so yes I am

1:31.3

looking forward to working with them and the whole Gemini team.

1:34.0

But if you want to find out more please do head over to Gemini.com which is GEMINI.com

1:41.0

that is Gemini.com. G-E-M-I-N-I-D-I-D-I-D-C-O-N-C-O-T-O-T-O-E-N-I-T-O-T-O-E-N-I-T-T-O-T-O-T-O-T-T-O-T-O-T-O-T-O-G-O-O-G-O-O-G-O-O-O-O-O-O-O-O and then a massive announcement before Christmas.

1:53.0

Something I am very excited about myself.

...

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