WINKLEVOSS BROTHERS ARE NOT GOING TO GIVE UP BITCOIN ETF

The founders of the Gemini exchange brothers Tyler and Cameron Winkelvoss “determined to make a bitcoin ETF a reality.” They said this during a session of Ask Me Anything on Reddit.

According to Tyler and Cameron Winkelvoss , in the long term bitcoin will be able to hold its position as a means of preserving value, and its capitalization will be able to overcome the mark of $7 trillion.

“We believe that bitcoin performs the role of gold better than it itself. If we are right, over time, the capitalization of the bitcoin market will exceed the capitalization of the gold market,” Tyler Winklevoss stressed.

In turn, Cameron Winklevoss said that cryptocurrencies still need fiat money, but in the future all assets are likely to move to a digital format.

In addition, the brothers expressed confidence that the blockchain technology without cryptocurrencies can not be considered wealthy.

Note that the us securities and exchange Commission (SEC) has twice rejected the application of the Gemini exchange for the launch of bitcoin ETF-in March 2017 and July 2018.