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What do the Winklevoss twins think about FANG companies entering cryptocurrency space?

What do the Winklevoss twins think about FANG companies entering cryptocurrency space?
Asked by
Craig Nicholas categorie-icon time-icon1 week ago
1 Answer Answer Question

Ilija Rankovic
Answered time-icon1 week ago

The Winklevoss twins are known for always offering their opinions on pressing matters in the cryptocurrency space. Tyler and Cameron Winklevoss claimed that all four FANG (Facebook, Amazon, Netflix, Google) companies will have their own digital currency by 2021. The co-founders of the cryptocurrency trading platform Gemini said that it was only a matter of time before other tech giants follow the steps of Facebook and its cryptocurrency project Libra.

Tyler Winklevoss said that that they predict “every FANG company will have some sort of cryptocurrency project within the next two years.”

Facebook’s cryptocurrency project Libra is attempting to serve as a payment protocol but it has not yet launched due to the regulators all over the world expressing their concerns. United States regulators are the loudest when it comes to asking for regulation of the Libra cryptocurrencies. Besides the US asking for regulation, several other regulators across the world demanded developers halt the project.

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