The twin Winklevoss brothers from Gemini Cryptocurrency Exchange has now retaliated to the older financiers’ evaluative remarks regarding Cryptocurrencies. The brothers have spoken to CNBC with restrained fury about the elderly men’s comment on the sector, as something incomprehensible to be the future of money.
At the Milken’s Institute MENA Summit in Abu Dhabi, the twins rejected the older generation’s disposition of the Industry and remarked it to be a result of ‘failure of Imagination’. CNBC interrogated whether the brothers considered the successful businessmen such as investor Warren Buffet, International Monetary fund head Christine Lafarge, and J. P Morgan CEO Jamie Dimon to be too old to apprehend the Cryptocurrency sector.
Tyler Winklevoss has made a discriminatory comment to this and said, “As you get older your brain loses its plasticity at some point and you get wedded to the frameworks that you have.’’
He also added, ‘’It’s also a framework that’s been embedded in, burned into your brain for let’s say 65-70 years and maybe in some of these cases, examples, you’re talking about 80 years. It’s hard to like unlearn that or think about something new and look if you’re those individuals, the status quo is really good.”
The most amusing story, according to Winklevoss is the speediest way to transfer money from New York to London. All one needs to do is get on a plane with a bag full of money because even if you transmit the money on a Friday night, it does not reach until Monday morning.
He has also delivered an approving example, how one might actually be content if emails were open from 9-5 a.m, Monday to Friday and how it’s completely absurd that money works not in a way like this. But with the Cryptocurrency sector on the rise, a world of new possibilities are now accessible.
With all these agitated debates, regarding the final prospect of the digital currency Industry making headlines, the Bitcoin-Billionaire Brothers have loads of censuring to face. But despite this disarray that the Cryptocurrency Industry is facing today, the brothers are definite that Bitcoins will turn 40 times it’s present value one day.