Winkelvoss Twins Bitcoin Billionaires

Cameron and Tyler Winklevoss, better known as the Winkelvoss twins, may not have been given an ownership stake inn Facebook, but they became billionaires anyways. For those who don’t know, they officially launched ConnectU, a social networking website, on May 21, 2004, and users could add people as friends, send them messages, and update their personal profiles to notify friends about themselves. They were also placed in networks based upon the domain name associated with the email address they used for registration. As you already know, that didn’t quite work out. Read more for a recent interview on their journey.



“Our thesis at the time was, bitcoin’s going to disrupt gold. And gold has a market cap of $7 trillion today. So, if bitcoin’s gonna be worth $7 trillion or more, this seems like a cheap asset. That was the state of play back then. It was complete wild west. It’s hard to digest it all at once. This is money that works like your email,” said Tyler to CBS News.