The Winklevoss twins, Cameron and Tyler, are some of the biggest names in the cryptocurrency industry. They founded the Gemini exchange, which is one of the largest places cryptocurrencies are bought and sold, and also own a billion-dollar Bitcoin (CRYPTO:BTC) stake themselves. In this Fool Live video clip, recorded on March 18, Cameron Winklevoss explains to The Motley Fool’s Chief Growth Officer Anand Chokkavelu how he and his brother first discovered Bitcoin and knew it was going to be something special.
Anand Chokkavelu: So, as the description Bitcoin billionaire would imply, you were pretty early on in identifying the possibilities. What was your “wow” moment with Bitcoin?
Cameron Winklevoss: So my brother, Tyler, and I found Bitcoin in the summer of 2012. We were in Ibiza, of all places. We were actually on vacation, not looking for the next big thing, and somebody from Brooklyn recognized us from The Social Network and the Facebook (NASDAQ:FB) saga and started talking to us. He asked us if we had thought about Bitcoin or virtual currency before, and we hadn’t at that time, and it sounded kind of crazy, and then after a shot of