Winklewoss Twins Still Committed To An ETF And Bitcoin Will Surpass 7 Trillion

The well-known twins confirmed their belief when it comes to cryptocurrencies and bitcoin. During a Reddit session, they revealed that they are still committed to the ETF and that bitcoin most likely will be the best performing crypto.

Winklevoss: Bitcoin is the number one asset class

They are the co-founders of the crypto exchange and custodian platform Gemini. When it comes to cryptocurrencies, starting the exchange is what they are most famous for Today, the Twins started a Reddit thread with the theme “ask us anything.”

When asked if bitcoin would always be the number one crypto, Cameron said yes. He added: BITCOIN is certainly the OG crypto! It’s hard to defeat network effects — so regarding ‘hard money’ (i.e., store of value) Bitcoin is most likely the winner in the long term.”
Cameron and his twin Tyler agrees of the future for bitcoin, and Tyler even argues that bitcoin might become insanely valuable. He wrote:

“Our thesis around bitcoin’s upside remains unchanged. We believe bitcoin is better at being gold than gold. If we’re right, then over time the market cap of bitcoin will surpass the ~7trillion dollar market cap of gold.”

That would mean that every bitcoin would be worth $333,333, presumed eventual total bitcoin supply.

Images source: pixabay
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