How to protect your Bitcoin fortune? Winklevoss brothers’ security method
Probably, the luckiest Bitcoin investors of our time, the Winklevoss brothers, who adjudged 11 million dollars from Mark Zuckerberg and converted them to Bitcoins, making a considerable fortune after that. They told about all this in detail to The New York Times, and they even described the method of their fortune’s security.
According to them, if one describes it from the start, their decision to get cash instead of Facebook shares as a compensation alone met the confusion among wealthy market players. This confusion turned into ridicule after these $11 million were invested in Bitcoin. But, as both the NYT article authors and the brothers note, there are not many of them today.
The brothers do not plan to sell their Bitcoin assets, as many Bitcoin millionaires who buy expensive cars or apartments do. And to protect their fortune, Winklevosses wrote down the bits of the cryptographic code that provides access to their assets and disseminated those letters across the United States in different bank vaults.
Even if Winklevosses suddenly lose these assets, they would not come out with empty hands: the NYT article mentions that it’s these twins who stand behind the Gemini exchange, which price for Bitcoin has become a reference for the Bitcoin futures platform launched by the Chicago Board Options Exchange. Without any doubt, this partnership has already turned fruitful, as the exchange was mentioned by each and every media outlet interested in finance.