Winklevoss Brothers: Bitcoin Will Disrupt Gold As Crypto Holds The Future

Winklevoss Brothers: Bitcoin Will Disrupt Gold As Crypto Holds The Future

Bitcoin has matured as an asset and it will eventually be disrupting gold, according to brothers Tyler and Cameron Winklevoss, who operate the Gemini cryptocurrency exchange. The brothers gave their views about digital currency’s future during an interview with Liz Claman on Fox Business Network’s “Countdown Closing Bell.”

Claman was reporting live from the Sky Bridge Alternatives (SALT) Conference in Las Vegas, a conference on macro-economic trends.

Claman introduced the brothers, whom she described as two of bitcoin’s biggest backers, displaying a line chart showing how bitcoin and the U.S. dollar have been trading in opposite directions, with bitcoin trading at a more stable rate. She introduced the brothers noting that their Gemini exchange has been trading for six months.

Claman also played a clip from an October interview with the brothers talking about how cryptocurrency will allow people to exchange currencies at airports without having to pay high exchange fees.

Gemini Sets A New Course

The brothers explained that their Gemini exchange trades both bitcoin and Ether, the latter being the

Read more ... source: TheBitcoinNews

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