It’s Official: The Winklevoss Twins Are The First Bitcoin Billionaires

Remember the Winklevoss twins?

The twin brothers were once part of Facebook and even sued Mark Zuckerberg (Facebook’s founder) for ‘stealing their idea’. Even though many people felt sorry for the twins then, the future is bright for them at this point.

Today, Tyler And Cameron Winklevoss are the world’s first Bitcoin billionaires that ballooned their $11m bet on Bitcoin to an astonishing $1 billion. This is believed to be the first billion-dollar return on investment on cryptocurrencies and is certainly a great moment for Bitcoin (and our hopes in it).

Tyler and Cameron made the $11 million bet more than four years ago and capitalized on the surge from last week. This rise has made a lot of millionaires think about the rise of Bitcoin and think more about investing in the digital currency.

By hitting $11,395 last week, Bitcoin exceeded many people’s expectations. Particularly the ones that thought the network is going to destabilize and crash. By accelerating dramatically in recent days, Bitcoin has went over the claims that it has a potential for criminal exploitation and has made many people millionaires and billionaires, like the case of the Winklevoss twins.

As Cameron Winklevoss says,”We’ve never sold a bitcoin, we’re in it for the long haul,” adding that the currency could be worth trillions in a couple of years. According to his words, back in the day bitcoin was “like a better version of gold”.

Nowadays, only a handful of bitcoin wallets are worth more than $1 billion including the mysterious inventor of the currency who has never unmasked himself but only known to the public under the pseudonym Satoshi Nakamoto. According to sources, the Winklevoss brothers are the most high profile backers behind this digital currency.