When Cameron and Tyler Winklevoss got kicked out from Facebook, they didn’t give up. They took their liquidation money and invested it in Bitcoin.
Now they are reaping the rewards. The twins became millionaires overnight as the value of the cryptocurrency skyrocketed.
But since that legal war, which decreed their exit from Facebook in two halves, they have been through moments of frustration to date. They have even been mocked for being kicked out of social media and then plunged into Bitcoin.
So their history also represents a concentration of trust for all those who have small and large projects to carry out.
From those who dream of having a perfect family and those who want to become unicorn entrepreneurs.
Now I will tell you about this daring adventure. In the end, you will find a beautiful moral, a key principle, of how they managed to rise from the abyss, and today they can look at Mark Zuckerberg with a smile on their faces.
The Winklevoss brothers, Cameron and Tyler, were born on August 21, 1981, in Southampton, New York.
Their father is Howard Edward Winklevoss Jr, a Yale graduate, and successful entrepreneur. Their mother is Deborah Sue of Egyptian descent, a former rodeo queen.
The brothers were educated at the prestigious Phillips Exeter Academy, where they rowed in a crew. Then they went to Harvard University, where they continued to compete with excellent results.
At Harvard, they became friends with Mark Zuckerberg, who would later create Facebook.
However, their relationship with Zuckerberg soon soured when the Winklevoss’ accused him of stealing their idea for Facebook.
They also sued him but eventually settled out of court for $65 million.
However, the twins did not give up. They took their liquidation money and put it all in Bitcoin.
They were among the first known names to buy digital currency. As of April 2013, the two entrepreneurs were found to own 11 million dollars in bitcoin, valued at the time at 120 dollars per unit of currency.
The twins became millionaires overnight. The value of the cryptocurrency had soared in a short time in 2018. It is the year in which Bitcoin made its first peak and then a crazy crash.
Everyone thought it would never recover. Everyone once again thought that it was just a speculative bubble and that even the Winklevoss’ had been fooled by this new cryptocurrency system.
Indeed, since that legal battle, they have gone through moments of humiliation.
Bitcoin is a type of digital currency that allows users to transact peer-to-peer without the need for a central authority, such as a bank. Bitcoin is decentralized, which means it is not subject to government regulation or control.
And they understood this potential instead. They had been very far-sighted as when they had had a similar idea to that of Facebook.
This confirms that in terms of technology and the future they understand. And they are very smart.
Considering that they owned – according to the information known – about 90 thousand Bitcoins in recent months have reached astounding figures.
From about 3.5 billion in the days I am writing the article where Bitcoin is at 40 thousand dollars.
But also nearly $6 billion when BTC hit its all-time high.
Cameron and Tyler Winklevoss were among the first to see Bitcoin’s potential and invest early.
They have been patient for the past few years as the price has fluctuated, but now their investment has paid off handsomely.
The brothers are not only known for their involvement in Facebook and Bitcoin but also for their philanthropy
They continue to invest in new startups, always keeping an eye on the latest technology trends.
They are an example of how it is never too late to believe in your dreams and achieve great things.
Even if everyone is against you, even if you have had big disappointments and big failures, like being kicked out of Facebook.
In 2015, the Winklevoss brothers launched Gemini, digital currency exchange for buying and selling cryptocurrencies.
Gemini is one of the most regulated exchanges in the United States and allows users to buy, sell and hold digital assets such as Bitcoin, Ethereum, Zcash, and Litecoin.
The exchange is available in 49 US states and Washington DC, as well as Puerto Rico, Canada, the UK, Singapore, South Korea, and Hong Kong.
Gemini is also one of the few brokers that allow users to trade the bitcoin price without actually owning the underlying asset.
Today this company has been valued at $7.1 billion and wants to break down the “walled garden” model of the tech giants.
This story is a great example of how it’s never been too late to believe in your dreams and achieve great things. Even if everyone is against you, even if you’ve had big disappointments and big failures, like getting kicked out of Facebook, you can still be successful.
The Winklevoss brothers are living proof of this. They took their setback with Facebook and used it as a motivation to build something even bigger and better with Bitcoin.
Today, their Gemini company is worth billions. Never give up on your dreams, no matter how impossible they may seem. You never know what could be accomplished.
Put the pieces back together and leave your passions again. Even if it is from that sector that your defeat comes.
Because wherever you have a passion, such as that of the two brothers for new technologies, you will be far-sighted and able to grasp the changes. Grasp what works. Make something work that no one believed before you.
You will be able to devote more hours to work because to obtain great results a great sacrifice is necessary.
Finally, you will transmit this energy of yours to those who collaborate with you and help you achieve the most unthinkable goals.
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