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" We dealt with a lot of skepticism early on, when we first spoke about bitcoin. "
Tyler Winklevoss
First
Early
Skepticism
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" On one of our very first days when we tried rowing, our coach, James Mangan, showed us a video of the Boat Race. That was part of the impetus for us to start rowing. "
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" We have elected to put our money and faith in a mathematical framework that is free of politics and human error. "
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" Facebook is like the Internet: a large company and an application. Bitcoin is a protocol for decentralisation, so you could build a decentralised company on top of it, a stock market. It's an Internet of ownership, so it's not quite a direct comparison. "
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" I think fiat currencies will become digital. "
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" You'll be using digital currency. I think really what will happen is you'll use a combination of bitcoin, ether, your devices, the 'Internet of Things.' We've got billions of devices coming online. "
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" Calling bitcoin volatile - it's a non-statement. Unregulated assets with unclear regulatory landscapes are always going to be volatile. That's what unregulated assets do. "
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" Bitcoins - it's freedom. It's very American. "
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" If Bitcoin is a better gold or seen as a type of gold-like asset, then it could be in the trillions on a market cap. "
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" I don't think it hurts to have rowing featured in a movie that's in the race for the best pictures. If it means someone might try the sport... then I'm really excited and happy about that. "
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" When you think about how everything else works in the digital age and the way that money does, money really falls short. "
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" There will always be people who will support us, and there will always be naysayers. "
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" For me, becoming the best you can be in something that you love, like rowing, is incredibly challenging, and what you learn about yourself, the sense of satisfaction as you get older and move on, you'll never forget that. It's huge. "
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" The narrative behind bitcoin has been dominated by bad behavior. The reality is bitcoin is filled with tons of talented developers building infrastructure. "
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Bad
Behind
" With Bitcoin, no one has a monopoly of information. "
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Information
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" I remember when people called Facebook a fad. "
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Remember
I Remember
" One of the things that has plagued bitcoin is not bitcoin itself but the companies built on top of it. "
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" We didn't grow up in a jock household. In fact, my dad is an entrepreneur. He was a computer programmer; he was a professor of actuarial science at Wharton for 13 years, then started his own company that was software-based. "
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" The attraction to me was that Harvard was such a big community, with interesting things to do and interesting people, but you realise when you're there that things are a lot narrower than you thought. It's a little bit of a let-down. "
Tyler Winklevoss
You
Thought
Me
" We've weathered a few storms before, like when social networking was considered a fad. I think that we have a track record of being on to something big. "
Tyler Winklevoss
Networking
Like
Storms
" We are pretty firm believers in the fact that you make your own fate, with or without the Facebook ordeal. "
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" Our basic thesis for bitcoin is that it is better than gold. "
Tyler Winklevoss
Gold
Thesis
Bitcoin
" In our early experiences with bitcoin, we found how few people were building bitcoin exchanges the right way. They really weren't taking the regulation seriously; they were taking it too much like how you would approach something when you're 18, full of the excitement of youth and throwing caution to the wind. "
Tyler Winklevoss
People
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Youth
" We may have been born on third base, but we worked like we were starting from home plate. You know: batter up. "
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" Hate is a strong word. It's also very destructive, so no - I don't hate Mark Zuckerberg. "
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Hate
Word
Strong
" We were there at the beginning of the web 2.0. "
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Beginning
Were
" To shut down Bitcoin is to shut down the Internet. "
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Internet
Shut
Down
" Every investor around the world wants to invest in U.S. markets because they're regulated and they're licensed. They're trustworthy; they have confidence. If you take that away, the global economy will take a hit like nothing else. We want to create that for Bitcoin. "
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" The promise of the Internet is being held back by Visa, Master Card, American Express. "
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" Bitcoins are like gold bars with wings. That is why I, and so many others, view bitcoin and its network as gold 2.0. "
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View
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" Often, people are afraid to be good at more than one thing. "
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People
Good
Afraid