Little more than a decade after their $65 Million settlement with Mark Zuckerberg’s Facebook, Cameron and Tyler Winklevoss are thinking of teaming up with their old enemy as part of the Libra Association.
Interviewed for a CNN Business podcast, the twins – early bitcoin investors and joint owners of cryptocurreny exchange Gemini – said they had been in talks about joining the Libra cryptocurrency project, announced by Facebook earlier this year.
While Facebook announced 28 founding members of the Libra Association, which include rival exchange Coinbase, it said it hoped the Association would attract more than 100 members by its proposed launch in early 2020.
Further Corporate Coin Launches Expected
Cameron said that there would be a day in the future where “we can’t live without crypto”, and added that Facebook would not be the last big tech firm to launch its own cryptocurrency – suggesting Amazon, Apple, Netflix or Google could be next. He added:
I think that internet companies have to have a crypto strategy, and I think a lot of them are thinking about their own coin projects. They're probably watching Libra and Facebook to see how that fares as they develop it.