Bitcoin Is More Than Digital Gold, Says Cameron Winklevoss

  • Gemini co-founder Cameron Winklevoss says bitcoin is more than digital gold, providing a "source of truth" for transactions.

Cameron Winklevoss, co-founder of the popular crypto exchange Gemini, says that bitcoin is more than just digital gold. 

While bitcoin is commonly positioned as the digital equivalent of a store of value asset like gold, Cameron Winklevoss believes that cryptoassets have much more to offer. According to the Gemini co-founder, bitcoin is a “source of truth.”

In a tweet published Oct. 23, he explained, 

In May, Cameron’s twin brother argued that bitcoin had transcended precious metals to become ‘Gold 2.0’

The Winkelvoss’ and their exchange have been pushing for greater acceptance of cryptoassets, particularly on the regulatory front. While the US Securities and Exchange Commission denied the most recent round of exchange-traded fund proposals, Gemini continues to be in the running for securing the first BTC ETF. 

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