Cameron and Tyler Winklevoss, the twin brothers that are known for the court case about the founding of Facebook and major Bitcoin advocates, are going to travel into outer space on the Virgin Galactic. The brothers are going to pay for the ride using Bitcoin.
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Tyler Winklevoss Posts
Twin brothers Tyler and Cameron Winklevoss are known for their legal battle with Facebook founder Mark Zuckerberg. The two are also now well known as being the biggest advocates of Bitcoin. The two are now starting their own Bitcoin exchange-traded fund called the Winkdex. The name of the index is a portmanteau of Winklevoss and index.
Charlie Shrem is known for running a Bitcoin exchange called BitInstant. He was arrested for an alleged money laundering scheme with a user of Silk Road. Silk Road is an online black market of illegal drugs.
Bitcoin, the open source P2P currency, may one day hit a $400 billion market capitalization. Where did this number come from? The Winklevoss twins. Tyler and Cameron Winklevoss are the twin brothers that made a large settlement with Facebook co-founder Mark Zuckerberg worth over $68 million a few years ago. The Winklevoss brothers revealed their thoughts on Bitcoin possibly hitting $400 billion at the Dealbook conference in New York.
According to a regulatory filing, Tyler and Cameron Winklevoss are going to store their Bitcoin investments in vaults. Bitcoin is an open-source virtual currency that became especially popular this year. Hackers tampered with the value of the currency, thus causing confidence in Bitcoin to slowdown.
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We already knew that Tyler and Cameron Winklevoss were Bitcoin enthusiasts. The brothers own around 1% of the Bitcoin currency, which is reportedly now worth about $11 million. Recently the brothers have reaffirmed their commitment to the P2P open source currency by investing in a Bitcoin trading platform called BitInstant. The investment was made through the Winklevoss Capital, a VC firm started by the two brothers. BitInstant has raised a total of $1.5 million in seed funding led by Winklevoss Capital with participated from other investors including David Azar.
You may know Cameron and Tyler Winklevoss as the Olympic rowers that attended Harvard University with Facebook CEO Mark Zuckerberg. The twin athletes sued Facebook and Mark Zuckerberg claiming that he stole their idea while at school, which is the basis for the Academy Award winning movie The Social Network. The Winklevoss twins are venture capitalists today and they own millions in bitcoins.
The Winklevoss twins, Cameron Winklevoss and Tyler Winklevoss, have invested in Hukkster. Hukkster is a shopping startup website where users can receive a notification when the price drops. The Winklevoss brothers led the $750,000 investment in Hukkster.