Winklevoss Twins Open to Partner with Facebook Despite Old Disputes
Tyler and Cameron Winklevoss, the co-founders of crypto exchange Gemini, admitted in an interview with CNN that they were ready to partner with Facebook for the Libra project.
Tyler and Cameron Winklevoss Believe in Libra
On August 19, Winklevoss brothers told CNN’s Poppy Harlow that they would close their eyes to their rivalry with Facebook’s Mark Zuckerberg for Libra. Whether or not they reach a deal with the social media giant, the twins believe in Libra’s potential. They said that Facebook’s digital currency project was great for the market in a period when cryptos are everywhere. Cameron noted:
I think there is a day in the future where we can’t live without crypto, or imagine a world before crypto.
The potential collaboration between Gemini co-founders and Mark Zuckerberg might materialize despite their old legal fight over the origins of the social media behemoth and who should be called Facebook creators.
It should come as no surprise that Zuckerberg actually consulted the brothers when developing Libra.
Back in 2011, when the dispute began, CNN sarcastically predicted that the only thing that could stop “Winklevoss twins’ legal crusade against Facebook” was the end of the universe that is estimated to come in several billion years from now. In the end, Libra might become more powerful than the anticipated heat death. This is true at least in the context of Zuckerberg-Winklevoss brothers rivalry.
Besides, the twins took solace in their role in the rapidly growing crypto industry after creating Gemini.
Tyler Winklevoss explained:
Facebook was a dispute, but it didn’t really define who we were as people. Gemini’s much more of a representation of who we are, what we stand for, what we’re interested in.
Gemini Might Join Libra Association
The twins, once labeled Bitcoin billionaires, have been in talks with the social media giant about joining the Libra Association. The latter is a decentralized entity that should comprise 100 members by 2020. Facebook has already unveiled 28 founding members, including Visa, MasterCard, PayPal, and Coinbase.
Tyler and Cameron said they want to learn more about Libra before making the final decision. Besides becoming part of the association, Gemini might also list Libra when or if it gets launched. Indeed, there is a minor possibility that Libra might never launch because of the regulatory pressure.
However, the Winklevoss brothers are confident in Libra’s future. Moreover, Cameron expects that each of the FAANG giants, including Amazon, Apple, Google, and Netflix, will get into crypto at some point.
When do you expect each of the FAANG companies to jump into crypto bandwagon? Share your thoughts in the comments section!
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