Winklevoss Brothers On BTC: ‘Wall Street Has Been Asleep’

The popular Winklevoss twins have voiced their opinion on Bitcoin (BTC) in a recent interview with CNN Business on August 22 which featured them in the latest cryptocurrency news on many websites. We have seen Winklevoss brothers on BTC, talking about how they regard Bitcoin and stating that it is retail investors who are still largely reaping the benefits of the cryptocurrency market.

The interview with CNN Business also saw the Winklevoss brothers giving their perspective on Bitcoin as an investment tool, along with all the industry risks and the traditional financial sector’s approach to the new asset class.

Even though many regard Bitcoin as too risky as a bet for the average investor, one of the brothers named Tyler argued that on the contrary, the retail sector remains one step ahead of the financial institutions when it comes to cryptocurrency. The Winklevoss brothers on BTC narrative featured them stating the following:

“Unlike the internet, which you couldn’t buy a piece of, you can actually buy a piece of this new internet of money. It’s still a retail-driven market, from day one […] and a lot of people have done really well. Wall Street has been asleep at the wheel.”

When it comes to the traditional investments, one of the twins named Cameron added that Bitcoin is most similar to gold – and is seen as a new store of value for the digital era. Even though it is volatile, he added that BTC is the future, underscoring:

“We had to invest because we were afraid of missing out, we couldn’t miss out on this future.”

The twins were as ever keen to demonstrate their readiness to liaise with regulators, the altcoin news show. Known as the Gemini exchange founders, the Winklevoss brothers said that since it is not launched yet – no one is using Facebook’s Libra yet – and that there is a lot of regulatory din surrounding it already.

The bottom line, as many best cryptocurrency news sites reported, is that the Winklevoss brothers on BTC think that “more criminals have used the dollar than anything else.”