During an interview with British newspaper The Telegraph on March 17, the Winklevoss twins – Tyler and Cameron – Bitcoin (BTC) billionaires and founders of the Gemini Trust, believe the entry of Facebook into the cryptocurrency space is a positive sign. However, they added that Facebook’s cryptocurrency project will herald something more important than social media.
The controversial twins have had years of legal feud with Facebook founder Mark Zuckerberg. In 2004, they filed a lawsuit alleging that Zuckerberg had stolen the idea of Facebook from them. In 2008, the court settled the dispute over who owns Facebook by ordering Zuckerberg to pay the brothers $20 million in cash and grant them partial ownership of the social networking giant. The settlement is estimated to be worth more than $199 million at the time of writing. The brothers allegedly used part of the money to invest in Bitcoin.
Facebook is jumping onto the crypto bandwagon
Zuckerberg also seems to be foraying into the cryptocurrency world with an extremely…