Bitcoin for Millennials

Bitcoin is Gold 2.0 and Going To $1M | Winklevoss Twins | BFM206

Nov 17, 2025
Tyler and Cameron Winklevoss, billionaire entrepreneurs and co-founders of Gemini, share their journey from skepticism to becoming early Bitcoin investors. They discuss their belief in Bitcoin as 'Gold 2.0', emphasizing its role as a digital, portable asset for millennials. The twins highlight how they challenged skeptics, how the institutional mindset has shifted, and why they believe it's not too late to invest in Bitcoin. With insights on long-term holding and the importance of a curious mindset, they paint a compelling picture of Bitcoin’s bright future.
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INSIGHT

Bitcoin As Gold 2.0

  • Tyler and Cameron view Bitcoin as "Gold 2.0" and expect it to eventually overtake gold.
  • Using gold's market cap divided by 21 million BTC gives a $1M per coin framework.
ANECDOTE

How The Winklevosses First Saw Bitcoin

  • The brothers first explored Bitcoin together, treating it like an internet-native value layer.
  • They asked skeptics' questions and kept getting persuasive answers that strengthened their conviction.
INSIGHT

Bitcoin As An Internet Value Protocol

  • They describe Bitcoin as the first value protocol built for the internet that functions like email.
  • This foundational view justified building companies like Gemini on top of Bitcoin's "substrate."
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