Watch 2016 SXSW Interactive Featured Session, Bitcoin: Let’s Cut Through the Noise Already!, with Gemini co-founders Cameron Winklevoss and Tyler Winklevoss, as interviewed by John Biggs, writer and CEO of Freemit.
Bitcoin, often described as the first decentralized digital currency, currently exists as a mere curiosity for society at-large. While most only hear of the currency when it makes headlines – such as when the currency reached its peak value of one per $1,242 in November 2013 – many innovators have latched onto the currency, touting its potential to be the next major disruptive technology. Referencing his and his brother’s experiences as economics majors at Harvard during a recent Q&A session at SXSW Interactive 2016, ex-Olympian and Internet entrepreneur Cameron Winklevoss stated “we thought about money a certain way… you come across Bitcoin and you’re sort of embarrassed. It’s like you just accepted the way money was and the way it worked because that was the world you were born into… Bitcoin comes along and it’s like a brand new color.” This revelation led the twins to found Gemini, a Bitcoin exchange that seeks to unlock the currency’s potential to compete with the traditional finance system.
Watch the video above to hear what the Winklevoss Twins have to say about the future of Bitcoin. Explore our YouTube channel, and discover other technologies that promise to fundamentally change the world we live in.
Photo by Steve Rogers Photography/Getty Images for SXSW