Winklevoss twins said buying Bitcoin is the 'trade of the century' and predicted a 30x return in a recent interview.
Last week Dec. '10 an interview w/ the Winklevoss twins took place on Real Vision CEO Raoul Pal - https://www.realvision.com/shows/the-interview/videos/tyler-cameron-winklevoss-bitcoin-is-the-trade-of-the-decade?source_collection=3596e177fa914d228db7f87c06868a91
Everyone needs to listen to this! Here are some outtakes!
1) Last week BTC was trading @ $19K, today it breached $20,750. "Tyler and Cameron Winklevoss described buying a large amount of Bitcoin now as the "trade of the century" and predicted the cryptocurrency will soar 30-fold from its current price of about $19,000."
2) The pair also compared Bitcoin to a social network, predicted collectibles will increasingly be bought and sold on blockchains, and criticized the Federal Reserve's opacity. Tyler: "Bitcoin was the first internet money in the world. Then when you realize that money is the greatest social network of all, Bitcoin is maybe the greatest social network of all also." Cameron: "The mainland is legacy finance, crypto is an island. We want to see an inversion where crypto becomes the mainland and legacy finance is just this dinosaur that is slowly fading away."
3) Tyler: "The dominoes are starting to fall, and eventually it is going to be a central bank, some very smart companies, a country is going to take a huge position in Bitcoin and talk about it." Tyler: "How do these conversations go behind the curtain? It is like the Wizard of Oz. The Fed, it is a mystery, and there is no clarity on how the decision is made. Wave the magic wand, Jerome Powell says this or that. It is insanity."
4) Tyler: "Our thesis is that Bitcoin rises 30-fold from here because it is digital gold, it disrupts gold."
Summary - Another Brick in the Wall (of money flowing into Crypto's) you ready bro? The twins are great at breaking things down to plain and simple.
