Winklevoss twins: Bitcoins better than gold

“‘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/

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