Cameron Winklevoss, co-founder of crypto exchange Gemini Exchange and major bitcoin proponent, has tweeted that owning a piece of crypto networks will be bigger than the internet,
Cyberspace assets = domain names
Cryptonetwork assets = tokens
1990: 4-letter domain = $10. Same domain today = few millions max
2009: bitcoin pizza = $10. Same pizza today = ~$80million
Ability to own a piece of Cryptonetworks > Internet.
— Cameron Winklevoss (@winklevoss) May 23, 2019
The comparison of the current state of the crypto market and the early days of the internet is a common one, and many say that when crypto becomes more user-friendly, alongside the development of the foundations for global-scale use, the space will take off in the same way that the internet did. At this point, market enthusiasts feel that the way we exchange value and interact with each with fundamentally change.
Both Cameron and Tyler Winklevoss are confident about the growth of Bitcoin (BTC) and cryptocurrencies, often comparing Bitcoin to digital gold. The twins’ Gemini Exchange has been on an extensive marketing campaign, promoting it as a regulated exchange that strictly follows the law.