Cameron and Tyler Winklevoss, better known as the Winklevoss twins were the first billionaires among the owners of bitcoins.
The Creator of bitcoin Satoshi Nakamoto owns about 5% of total bitcoins. However, it is unknown whether the spending of bitcoins that Nakamoto Meinel in 2009. Since then, for eight years, bitcoins Nakamoto did not move and was not spent.
According to British newspaper City AM the Winklevoss twins own 100 000 bitcoins, which they acquired in 2013 for $ 11 million. At today’s price the cost of 100 000 bitcoins is 1.12 billion.
The contribution of the Winklevoss twins in bitcoin market
For many years Tyler Winklevoss has said that he is confident in bitcoin as store of value. In an interview with Telegraph Tyler noted that bitcoin is an improved version of gold, thus dividing the opinions of other investors and analysts, including the co-founder of Apple Steve Wozniak.
Like Tim Draper (the billionaire and venture investor in technology), the Winklevoss twins have allocated significant resources and capital to provide better infrastructure for the bitcoin market, especially for investors in the traditional financial market.
One of the most successful projects of the Winklevoss twins – Gemini is a leading cryptocurrency exchange with good regulation, based in the US. She has served the American market with their carefully designed and professional trading platform.
Cameron and Tyler Winklevoss
Earlier this year, Gemini has entered into a strategic partnership for the listing of bitcoin futures by Chicago Board options exchange (CBOE) the largest options exchange in the United States with an annual trading volume of contracts in the amount of 1,27 billion. December 4, CBOE announced the receipt of permission of the Commission on trade commodity futures U.S. (CFTC) and start trading bitcoin futures on 10 December.
In August, Tyler Winklevoss said that Gemini and its partners aimed at providing liquidity and trading platforms to institutional and retail investors.
“The main objectives of the Gemini in the cryptocurrency ecosystem has always been safety, regulatory compliance and regulatory oversight. Our cooperation with a team CBOE fosters access to bitcoin and other cryptocurrencies, both for retail and institutional investors,” said Tyler.
Listing bitcoin futures on the CBOE through the exchange, the Gemini will significantly increase the liquidity of bitcoin in the medium term, as the market for bitcoin will go the flow of tens of millions of dollars of institutional funds.
The largest owners of bitcoins – great believers
According to an expert on bitcoin and securities Andreas Antonopoulos Coinscrum at the conference, held at the prestigious research Institute Imperial College London, the incentive of investors to invest in bitcoin proportional to their understanding of bitcoin.
“What percentage of personal wealth should be associated with bitcoin? One that is equivalent to your understanding of technology and ability to take risks that it entails. For most people it is a small percentage,” said Antonopoulos.
In 2013, the Winklevoss twins invested $ 11 million in bitcoin, which at that time was nesformirovannost the market because they were confident that bitcoin can compete with traditional assets such as gold and reserve currency in the long term.