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Winklevoss: Buying Bitcoin isn't "as crazy as sitting on the sidelines"

source-logo  chepicap.com 22 May 2019 15:09, UTC

While it could be argued that investing in Bitcoin is certainly a risk, Cameron Winklevoss, - one-half of the famous Winklevoss twins – believes that it’s not as risky, or as he puts it “crazy” as waiting on the sidelines.

The Winklevoss brothers are known for their bullish ways, especially when it comes to Bitcoin (BTC); and today is no exception with Cameron offering his famous rhetoric on the #1, encouraging speculators to jump in and invest.

According to Cameron while some think you would be mad to invest in BTC, he states that you would be crazy not too, equating the rise of cryptocurrencies to the “future of money”

Some people think it's crazy to invest in crypto. Maybe. But definitely not as crazy as sitting on the sidelines when the future of money is literally being built before your eyes.

— Cameron Winklevoss (@winklevoss) May 20, 2019

Cameron isn’t alone in his sentiment; Tyler - the other half of the Winklevii – recently spoke on Bitcoin’s breaking of $8k, stating that this time around the industry has earned its price point:

Bitcoin breaking 8k this time feels lot different than the last time. So much progress has been made since then and it's only the bottom of the first inning! 🚀👍

— Tyler Winklevoss (@tylerwinklevoss) May 16, 2019

Speaking of progress, the twins recently announced Gemini’s partnership with Flexa - a collaboration that will allow customers to spend Bitcoin, Bitcoin cash, Ethereum and Gemini’s stablecoin the Gemini Dollar within selected stores including rate and Barrel, Nordstrom, and Amazon-owned Whole Foods, with Regal Cinemas, Gamestop and Baskin Robbins and Starbucks.

Tyler and Cameron Winklevoss are buying a coffee at Starbucks using a cryptocurrency they invented. But that's just the beginning of this story, with Nordstrom and Whole Foods now officially accepting bitcoin, ethereum and more: https://t.co/uaRnnfl2Dz via @ForbesCrypto @Forbes pic.twitter.com/V95RMv6f6x

— Michael del Castillo (@DelRayMan) May 13, 2019

Is it crazier to “sit by the sidelines,” or invest in Bitcoin right now? Let us know in the comments!

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