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Winklevoss Twins Get Closer To Launching Their Bitcoin Exchange
An anonymous reader writes: Reuters has an update on the Winklevoss twins plan to launch a regulated Bitcoin exchange called Gemini. The two have filed a New York trust application necessary for them to launch their Gemini bitcoin exchange. If approved, the exchange would be able to accept deposits, and issue loans. The twins say they want to make digital currency mainstream in the United States.
Will they only deal with Bitcoin or will they also accept other crypto-currencies such as Litecoin, Dashcoin and Dogecoin?
Get free satoshi (Bitcoin) and Dogecoins
No, what they said is they see digital currency expanding and want to be the ones on control.
They hope REAL money is used to buy bitcoins , they can then use that real money to get interest or buy property, the digital money...eh not so much, they certainly won't be paying interest and I am sure there will be fees.
I remember the Slashdot announcement when Bitcoin was $1 in early 2011. I have a feeling it is poised for another shocking increase in value.
They have consulted a coder on the idea and he is currently working on the implementation.
It remains to be seen how this will turn out.
I read this as "Rich douchebags find way to be bigger douchebags while pissing on money and everyone who isn't rich"
Bitcoin has the intrinsic value of fiat, and the loss risk of precious metals.
But do I need a harvard.edu address to use it?
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Since they are connecting themselves with the government, the government may be able to confiscate your bitcoins just as they are doing with impunity with bank accounts.
Mark Zuckerberg to announce "independently-developed" bitcoin exchange named FaceBitBookCoin ... impending lawsuits in 3... 2... 1...
It must have been something you assimilated. . . .
Because in most developed countries, people have been using either debit cards or PayPass-enabled credit cards for years. We don't see the point in Apple Pay/Google Wallet.
Get free satoshi (Bitcoin) and Dogecoins
> beyond criminal activities
You sound like a Republican. The Bitcoin ledger is completely public. You would have to be stupid to use it for a criminal activity. That is why, for example, all those Republican banksters use USD. They use it because there is no public record. They can steal from us and give to their friends with no public record. None. Not any at all. There is no record. I wish you people would stop claiming there is, because there is none. None. With Bitcoin, there is a permanent ledger that is cryptographically protected from changes made to the history, in much the same way Git works. But, of course since your kind doesn't understand math, you don't understand why those things are good. That is why your kind still uses Subversion. Reading the garbage that your kind spews makes me want to die. I want to die.
Oh yeah, who wouldn't trust these two slippery guys? Please, take my money!
Just cruising through this digital world at 33 1/3 rpm...
> beyond criminal activities
You sound like a Republican. The Bitcoin ledger is completely public. You would have to be stupid to use it for a criminal activity. That is why, for example, all those Republican banksters use USD. They use it because there is no public record. They can steal from us and give to their friends with no public record. None. Not any at all. There is no record. I wish you people would stop claiming there is, because there is none. None. With Bitcoin, there is a permanent ledger that is cryptographically protected from changes made to the history, in much the same way Git works. But, of course since your kind doesn't understand math, you don't understand why those things are good. That is why your kind still uses Subversion. Reading the garbage that your kind spews makes me want to die. I want to die.
You sound like a fool. The Bitcoin ledger is for validation only, which unfortunately is orthogonal to user traceability. You would have to be stupid not to see that it is entirely suitable for criminal activity. That is why, for example, bitcoin is a great accounting system for money laundering. Technical similarities to Git are incidental and irrelevant. But, of course, you are dazzled by the math and don't understand why it doesn't mean anything. This is why you are a pedant. Reading the garbage that your kind spews make me wish you would just die. You're welcome.
Sylvester the Cat has announced that he's opening a shelter for homeless canaries.
You are welcome on my lawn.
The Bitcoin ledger just proves your money was stolen, it doesn't say who stole it.
Q: What is the plural of Winklevoss? Is it Wiklevosses, Winklevossen, or what?
A: Clearly it is Winklesvoss.
I can't imagine the twins seriously think that Bitcoin is going to go mainstream at this point in time. If anything, Bitcoin is fading from public view.
Please tell this to all these investors. I'm sure you know something they don't.
Escher was the first MC and Giger invented the HR department.
Apple Pay and Google Wallet enable you to show off your high end smart phone to the minimum wage cashier when you make your purchases.
What could be more important than that?
Ok, so they're the Winklevoss twins, right? Based on the name, I assume they suck each other off. Can somebody confirm or deny that they orally pleasure each other? Maybe a thumb or tongue in the ass, but probably not a proper ass fucking.
...for someone else to open a bitcoin exchange first, so they can claim they stole their idea.
Ken
IÂve been reading "Winklevoss Twins close to launching bitcoin ETF" stories since mid-2013. It has always just about cleared the last regulatory hurdle and it is always going to launch in a month or two and it is always "still on track." Slashdot just seems to be an amplifier of the latest publicity blitz.
OK, fine. Maybe it will happen and maybe it won't. No particular reason I know to pay attention to it until it does.
Funniest thing I've read about it appeared in January, 2015: "We believe that anyone who believes that gold is an important asset to hold in their portfolio should seriously consider adding bitcoin to their portfolio. When we consider all of the qualities that make money money, Bitcoin when compared to gold matches or surpasses gold in every measure of money. This is why we and others call bitcoin 'gold 2.0' or 'digital gold,' Winklevoss explained in his email."
"How to Do Nothing," kids activities, back in print!
Right. It's Gemini, the other bitcoin project of theirs. The one they say they is not distracting them from launching the COIN ETF.
"How to Do Nothing," kids activities, back in print!
... into what? Is it the sun? Please tell me it's the sun, and they're going along for the maiden voyage.
Do they not know that there's already an exchange in New York called Gemini?
http://www.ise.com/options/ise-gemini/
It's an options exchange, not Bitcoin, but I'm willing to bet the ISE will make them change the name.
Minimum wage cashiers already have high end smartphones.
Alas, no mod points do I have...
... Zuckerberg should release his own version of the exchange before they go live.
Minimum wage cashiers already have high end smartphones.
Oh well, it's back to dangling your Ferrari key ring in front of them then.
To have a right to do a thing is not at all the same as to be right in doing it