“‘It’s gold 2.0,’ he said in a presentation at the Value Investing Conference in New York Tuesday. Tyler and his brother Cameron, who shared the stage, outlined the bull case for bitcoins. They have been investors and are aspiring Bitcoin entrepreneurs. The twins recently filed paperwork with the SEC for a Bitcoin exchanged traded fund. Like gold, the virtual currency retains its value regardless of what central bankers do to the money supply. But unlike gold, bitcoins are easier and cheaper to store. Cameron Winklevoss said that another sovereign debt crisis could be a catalyst for a sharp move higher.”
http://money.cnn.com/2013/09/17/investing/bitcoin-winklevoss-twins/
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
(Visited 38 times, 1 visits today)
Related posts:
Breaking down the Bitcoin
Paralyzed woman controls robotic arm with thoughts alone
FEC: Donors can't use Bitcoins for contributions
State, provincial regulators raise red flags on virtual currency
Jobless Greek youth find innovative ways to make a living
Gibson Is Off the Feds' Hook. Who's Next?
Poll: Three-fourths of US says pot will be legal
Inside TAO: Documents Reveal Top NSA Hacking Unit
BitInstant CEO arrested by U.S. for alleged money laundering
Glenn Greenwald: The NSA's mass and indiscriminate spying on Brazilians
Bank of England helped the Nazis to sell plundered gold
Chinese Workers Abandon Silicon Valley for Riches Back Home
China to lay out massive quantum network for information security
U.S. says it doesn’t believe in ‘diplomatic asylum’ despite having offered it in the past
Golden threads for the undie drawers of the wealthy