Bitcoin and Blockchains

[Guest]

Not all Bitcoin success stories come from some tween in his parents’ basement who “could just tell this technology had potential.”

In fact, there are two who stand out above all else. The Winklevoss twins.

Rejected from Zuckerberg's inner circle with a payday of $65 million, Tyler and Cam threw $11 million on the crypto in 2013. And as of a few days ago, they are now worth over $1 billion. That’s right, Tyler and Cam are the world’s first Bitcoin billionaires.

But their foray into Bitcoin goes past any blind bets. The Winklevii were so hopped up on the tech’s potential, they founded their own trading exchange, Gemini, and were the major advocates behind Bitcoin ETFs and futures contracts. 

You know...those futures contracts that are being listed by the country’s largest derivatives exchanges (CBOE and CME) in the next two weeks?

Impressive, yes. But for the Winklevii, they’re still $68 billion away from catching Zuck.

http://morningbrew.cmail20.com/t/j-l-odkurdd-yhyuhjkhdk-dr/

[Guest]

Food for thought: If you're wondering whether we're in a crypto bubble, consider LongFin—a small fintech startup that changed its description to a "crypto company" and watched its stock soar 2,600% in a week.