Business Wars Crypto Wars | The Untouchables | 2
4 snips
Oct 25, 2021 In 2011, the Winklevoss twins are sidelined again by Zuckerberg, pushing them to discover the world of crypto. Their challenges lead them to Bitcoin, where they encounter early pioneers and navigate its controversial reputation. As they invest in BitInstant, the cryptocurrency landscape begins to heat up. Meanwhile, Coinbase emerges under Fred Ersam and Brian Armstrong, aiming to simplify Bitcoin transactions amid financial chaos. The competition is fierce, and personal wellness habits, like hydration, also make a surprising appearance in this riveting digital gold rush.
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Winklevoss Twins' Investment Struggles
- The Winklevoss twins struggled to reinvent themselves as tech investors after their Facebook lawsuit.
- Silicon Valley ostracized them, fearing reprisal from Mark Zuckerberg.
Ibiza Encounter
- While partying in Ibiza, the Winklevoss twins were approached about investing in Bitcoin.
- This chance encounter introduced them to Charlie Shrem and his company, BitInstant.
Bitcoin Explained
- The Winklevoss twins met with Charlie Shrem to discuss investing in BitInstant.
- Shrem explained Bitcoin's functionality, including the blockchain's role in preventing double-spending.
