Bitcoin billionaires Tyler and Cameron Winklevoss

AMCgroup
AMCgroup
Published in
2 min readJun 17, 2019

Their names are Cameron and Tyler Winklevoss, identical twins and Olympic athletes, famously portrayed in the film “The Social Network” as a privileged pair of handsome Harvard jocks.

Of their portrayal in the 2010 film, Tyler Winklevoss said, “They were a bit stiff and maybe not full-dimensional.”

Cameron added, “Those characters are interesting, but they’re not really us.”

The Winklevoss twins are back in the spotlight again, this time as very successful investors in bitcoin, having turned their $65 million Facebook settlement into many hundreds of millions of dollars.

Cameron said, “If you believe that bitcoin is the beginning of the internet of money, you can actually buy a piece of it. Anybody in the world can. And there’s tons of people who have made a lot buying a piece of that future.”

And there is a nearly equal amount who have lost a lot.

Ben Mezrich wrote the book on which “The Social Network” movie was based. A decade later, news that the Winklevoss twins has gambled big, and won, by investing in bitcoin got his attention: “It made me start to think that they weren’t at the helm of two revolutions by accident.”

For him, the Winklevosses’ second act was too good to pass up. Mezrich said, “They’re wealthy, they’re Greek gods essentially. They’ve got everything anyone could think one would need. Why don’t they just row off into the sunset?”

Tyler said, “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.”

“A cheap asset being sold on a place where people sell Magic cards!” said Thompson, “as opposed to, like, in a bank.”

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