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Tyler And Cameron Winklevoss Highlight Big Money Investors Turning To Bitcoin
Summary: Gemini crypto exchange co-founders Tyler and Cameron Winklevoss highlighted the flow of big money into Bitcoin during a recent interview with CNBC. “This is the most sophisticated investors, the smartest people in the room, buying the Bitcoin quietly, so it’s not a FOMO [fear of missing out] thing,” Tyler said. Tyler added that the role of ...
Gemini crypto exchange co-founders Tyler and Cameron Winklevoss highlighted the flow of big money into Bitcoin during a recent interview with CNBC.
“This is the most sophisticated investors, the smartest people in the room, buying the Bitcoin quietly, so it’s not a FOMO [fear of missing out] thing,” Tyler said.
Tyler added that the role of big money in Bitcoin's most recent bull run distinguishes it from the retail-driven investment in 2017. So far in 2020, Tudor Jones, Microstrategy, Stanley Druckenmiller, Jack Dorsey’s Square, MassMutual and Guggenheim Partners have all added Bitcoin to their portfolios.
Bitcoin advocates argue that the leading currency is a store of value which can protect investors from inflation spurred by reckless bill printing from central banks. The brothers added that as a store of value investment, the volatility of Bitcoin is less important and that it doesn't need to be used as a currency.
By Emily Mason
Tags: Bitcoin,BTC,Gemini Exchange,Tyler and Cameron Winklevoss,Winklevoss
Link: Tyler And Cameron Winklevoss Highlight Big Money Investors Turning To Bitcoin [Copy]
