You know
How is the first Bitcoin Billionaire?
They are twins and they twins Brother
Is it a rumour?
No it is true,
Yes, Tyler and Cameron Winklevoss
Twins become world's first Bitcoin billionaires
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History of bitcoin
This currency was created by Satoshi Nakamoto on 31 October 2008. And it was brought to everyone in January 2009. Earlier it was in the form of an electronic currency, but 1 August 2017 someone has been bitten in two parts bitcoin (BTC) and the Bitcoin Cash.
How BitCoin Earns Bitcoin
As I said, this is also a currency like our rupees dollars but there is a lot of difference between these two. They can keep the rupees dollar in your purse, you can touch it, it appears in front of you. But bitcoin is a virtual currency that we can not touch just store. And that too in our online wallet.
The Winklevoss brothers are among a small group of investors who betted big on Bitcoin
The pair, who sued Zuckerberg over Facebook received a settlement of US$65 million used some of that money (A$14 million) to invest in Bitcoin in 2013.
The brothers reportedly bought 1
per cent of all Bitcoin that was in circulation at the time.
Since then, the digital currency has increased in value by 10,000 per cent, making the 36-year-old brothers billionaires. They reportedly described the cryptocurrency as “better than gold”. When compared to gold, Bitcoin shares all the same nine foundational traits, including scarcity, durability and portability, and it matches or beats gold on all of these traits.
“We see Bitcoin as potentially the greatest social network of all,” said Tyler in 2016. According to the Financial Times, the brothers viewed Bitcoin as a missing piece of the digital economy that would change the way transactions are made.
The pair first learned of Bitcoin while on holiday in Ibiza in 2012, and in 2015 they launched a digital currency marketplace, known as Gemini, that allows investors to buy, sell and store Bitcoins.
Let's see how Bitcoin Changes many live...
Ty.
-writingworlds.