Winklevoss Brothers: Founders of Facebook Choose to Become Bitcoin Billionaires

Bittime - Cameron and Tyler Winklevoss, known as the founders of Facebook with Mark Zuckerberg, experienced betrayal when their idea was taken without permission. After a $65 million legal settlement in 2008, they turned to the world of crypto.

Introduction to Bitcoin

In 2013, the Winklevoss brothers discovered Bitcoin, which was priced at $8 per coin at the time. They bought about 1% of the total Bitcoin in circulation, or about 120,000 BTC, for $11 million. This decision is considered crazy by many, but they believe in Bitcoin's potential to revolutionize the global financial system.

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Founded Gemini Exchange

In 2015, the crypto world was still unorganized. Seeing this opportunity, the Winklevoss brothers founded Gemini, a crypto exchange platform focused on security and regulatory compliance. Gemini brings trust to the crypto world by ensuring deposits are insured and security guaranteed.

Long Term Benefits

In 2017, the price of Bitcoin reached $20,000, turning their $11 million investment into $1.3 billion. However, they did not sell and continued to invest in the crypto industry. In 2021, the price of Bitcoin surpassed $60,000, making their crypto fortune worth billions of dollars.

Present and Future

The Winklevoss brothers continue to drive crypto adoption by fighting for clear regulations and investing in various blockchain projects. They are also involved in the world of NFTs and metaverses, which are booming. Their story is a testament to how to turn setbacks into great opportunities.

Innovation and Influence in the Crypto World

The Winklevoss brothers also invest in various other crypto projects, including decentralized technologies. They believe that the future of global finance will be greatly influenced by blockchain technology and continue to contribute to the development of this industry with innovation and strategic investments.

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Conclusion

The Winklevoss brothers are a successful example who started from betrayal on Facebook to becoming Bitcoin billionaires. Their journey shows the power of vision, perseverance, and the courage to take risks, making them pioneers and leaders in the crypto world.

How to Buy Crypto on Bittime

You can buy and sell crypto assets easily and safely via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also ensure you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Study Complete Guide How to Buy Crypto on Bittime. 

Monitor graphic movement of Bitcoin (BTC) price, Ethereum (ETH), Solana (SOL), and other cryptos to find out today's crypto market trends in real-time on Bittime.