The Winklevoss Twins: Bitcoin Is The "Trade of the Decade" (w/ Raoul Pal)

Real Vision: Finance & Investing

Real Vision

Business News, News, Investing, Business

4.1 • 1.1K Ratings

🗓️ 29 December 2020

⏱️ 68 minutes

🔗️ Recording | iTunes | RSS

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Summary

Tyler Winklevoss, CEO and co-founder of Gemini, and Cameron Winklevoss, president and co-founder of Gemini, join Real Vision CEO Raoul Pal to discuss how they first discovered Bitcoin, their exploration into other crypto assets, and market psychology. They explain the importance of network effects for Bitcoin, noting that it is a type of social network. The Winklevoss brothers share their grand vision for Gemini and how they plan to shepherd the next wave of adopters away from legacy finance and fully into crypto. Key Learnings: The crypto asset class is very small and, because of this, institutional investors have been unable to get exposure to it. Bitcoin is a very young asset with enormous upside potential. Many people are just starting to get their feet wet in crypto, and the Winklevoss brothers believe that eventually people will leave the legacy financial systems fully for crypto infrastructure with Gemini helping to facilitate this migration. Recorded on December 7, 2020 Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:28.1	Te's and sees apply. Thank you guys. Tyla Cameron, great to get you guys on Real Vision. You've been a very requested
0:42.3	guests for us. So finally finally stalks you on Twitter to get you here.
0:46.0	Thanks for having us.
0:48.0	Yes for having us, yeah.
0:50.0	Not at all.
0:51.0	Listen, obviously most people are familiar with your backstory, but I want to just start with the
0:54.8	backstory of why Bitcoin? When did you get bitten how and how does your thinking, how is your thinking evolved from then? You you know we all have kind of a
1:05.0	ground zero where we all kind of got the epiphany so talk us through a bit
1:08.5	about that to start in this whole space sure so we were actually on big hand space? Sure.
1:13.0	So we were actually on vacation in the summer of 2012
1:18.0	in a visa of all places, where you find great investments and ideas and we were recognized by a guy from Brooklyn
1:26.7	from the movie of the social network and he started talking to us and said, hey, did you guys ever heard
1:31.4	about virtual currency or Bitcoin?
1:33.9	And we hadn't.
	...

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