Tyler and Cameron Winklevoss Are Officially the First Bitcoin-Based Billionaires

What would Mark Zuckerberg think?

By //Tech

Famously known for their bitter legal battle against Facebook founder Mark Zuckerberg, Cameron and Tyler Winklevoss — on top of the $65 million USD settlement they received all those years ago — have come into quite a bit of money based on their own investment. Known now as the first confirmed Bitcoin billionaires, the twins earned their share by injecting a whopping $11 million USD into the famed cryptocurrency back in 2013.

According to a report from City A.M., although the brothers have refused to disclose their exact return, it has been estimated that the size of their stake hovers around the 100,000 Bitcoin mark. While many still question the currency’s validity and/or staying power, Cameron and Tyler felt it a risk worth taking, earlier revealing to The Telegraph it is “like a better version of gold,” and could be worth trillions one day.

Keeping with Bitcoin, Nobel Prize-winning economist Joseph Stiglitz says Bitcoin should be outlawed.

Read Full Article
FacebookBitcoinTyler WinklevossCameron Winklevoss

You may also like

One Bitcoin Will Be Awarded to the First Player to Beat This New PC Game
Tech

One Bitcoin Will Be Awarded to the First Player to Beat This New PC Game

Navigate through a maze and solve 24 “mind-bending” puzzles.
21,221 Hypes 8 Comments
Tyler, The Creator Cops His Very First Pair of Air Jordans
Footwear

Tyler, The Creator Cops His Very First Pair of Air Jordans

Taking a break from his usual Converse and Vans.
22,629 Hypes 61 Comments
Watch Tyler, the Creator and Comedian Jerrod Carmichael's Hour-Long Conversation About 'Flower Boy'
Music

Watch Tyler, the Creator and Comedian Jerrod Carmichael's Hour-Long Conversation About 'Flower Boy'

His first in-depth conversation about his critically-acclaimed LP.
3,373 Hypes 3 Comments


What to Read Next

adidas Planning to Re-Up Its Own YEEZY-Inspired Powerphase Model
Footwear

adidas Planning to Re-Up Its Own YEEZY-Inspired Powerphase Model

More “Semi Frozen Yellow” goodness.
9,800 Hypes 0 Comments

XXXTENTACION's Case to Be Split in Two
Music

XXXTENTACION's Case to Be Split in Two

He will face a charge for witness tampering before answering domestic violence charges.
2,029 Hypes 0 Comments

Emily Ratajkowski Eats a Lot of Pasta for 'LOVE' Magazine's Advent Calendar
Entertainment

Emily Ratajkowski Eats a Lot of Pasta for 'LOVE' Magazine's Advent Calendar

How to eat spaghetti gracefully.
10,357 Hypes 0 Comments


Timberland & PORTER Join Forces on a New Capsule Collection
Fashion

Timberland & PORTER Join Forces on a New Capsule Collection

Iconic pieces from both archives reimagined.
8,035 Hypes 0 Comments

Talib Kweli, Anderson .Paak & KAYTRANADA Perform "Traveling Light" on 'Conan'
Music

Talib Kweli, Anderson .Paak & KAYTRANADA Perform "Traveling Light" on 'Conan'

Watch the performance here.
2,067 Hypes 0 Comments

Essentials: Richard Mendoza
Fashion 

Essentials: Richard Mendoza

The ‘Filthy Rich’ proprietor shows us his go-to hair products.
23,609 Hypes 0 Comments

More ▾