Cameron and Tyler Winklevoss: "Bitcoin Billionaires"

Boss Files with Poppy Harlow

CNN

Business, Entrepreneurship

4.6 • 538 Ratings

🗓️ 19 August 2019

⏱️ 60 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Cameron and Tyler Winklevoss, known from Facebook fame and "The Social Network," co-founded Gemini, a cryptocurrency exchange. The twin brothers explain why they are open to joining Facebook's Libra Association despite previously suing Mark Zuckerberg, their efforts to get more women to join the cryptocurrency industry, and their assessment of the risks associated with bitcoin. Produced by Haley Draznin, CNN.To learn more about how CNN protects listener privacy, visit cnn.com/privacy Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	In this episode of Boss Files.
0:02.9	That's true. That's how we found Bitcoin.
0:05.1	On a beach, on an island, in the middle of the Mediterranean, called the visa.
0:09.9	We were on vacation.
0:11.0	Some guy from Brooklyn came up to us and recognized us from the social network and started talking.
0:17.1	And we just started chatting.
0:19.3	He's like, have you thought about Bitcoin or virtual currency?
0:21.7	And I was like, no, I haven't.
0:23.5	He started telling me a little bit more about it.
0:25.5	It sounded pretty crazy.
0:27.4	Had some tequila, then it started to make a lot more sense.
0:30.4	Cameron and Tyler Winklevoss.
0:32.7	You may know their Facebook fame and the social network,
0:36.1	but after suing Mark Zuckerberg, they're now dubbed
0:38.7	the Bitcoin billionaires. They use their settlement with Facebook to build Gemini, a cryptocurrency
0:44.3	exchange that allows customers to buy, sell, and store digital assets. But how do they see
0:50.2	the risk associated with crypto? Should the average American bet their retirement on Bitcoin
0:56.7	on crypto? My friend's parents in Minnesota or that laid off GM worker in Ohio, is it safe
1:02.7	enough for them? It's a personal decision and we're not here to give investment advice. We think
1:07.9	it's the future. So if your portfolio has some percentage of your future
1:12.8	moonshot investment, we think this is as good of an option as any. You have to make your own
1:20.3	decision, but I think if you start looking at it and digging deep, there's some really
	...

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