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" We see bitcoin as potentially the greatest social network of all. "
Tyler Winklevoss
Bitcoin
Social
See
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" Bitcoin and digital currency is just this thing that was always going to happen. "
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" 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
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" One of the things that has plagued bitcoin is not bitcoin itself but the companies built on top of it. "
Tyler Winklevoss
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Top
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" The idea of money being something physical is almost entirely a fiction. Sure, you can go to your ATM and pull out cash. And you can feel cash in your back pocket and have some tangible comfort there - but in reality, the majority of your money is a number on a screen. "
Tyler Winklevoss
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" We dealt with a lot of skepticism early on, when we first spoke about bitcoin. "
Tyler Winklevoss
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Early
Skepticism
" Judging a child taking his first steps for not being able to run a marathon is shortsighted. "
Tyler Winklevoss
Child
Marathon
Run
" I think it's always interesting when you see a company start moving so quickly - it's like wow, incredible. When a company like Uber starts breaking away, it's not a linear thing. It's exponential. All of a sudden, the guy you know who threw $25,000 at Uber very early on - all the sudden, that $25,000 is $25 million. "
Tyler Winklevoss
Moving
Think
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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. "
Tyler Winklevoss
You
Stock Market
Company
" 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. "
Tyler Winklevoss
Try
Pictures
Think
" I've been a huge fan of Mike Judge for a long time. "
Tyler Winklevoss
Long Time
Fan
Been
" Gemini is a spot bitcoin exchange. To use it, you sign up with Gemini.com and undergo the initial standard review process, similar to what you'd encounter at a traditional bank. Once you're through, you can ACH or wire cash to the platform, then begin buying and selling bitcoin. "
Tyler Winklevoss
Process
Bank
You
" Hate is a strong word. It's also very destructive, so no - I don't hate Mark Zuckerberg. "
Tyler Winklevoss
Hate
Word
Strong
" I think our path to the Olympics is a good metaphor for how you build a company. Our skill and commitment grew over time, day by day, stroke by stroke. So, sports are tied well with our entrepreneurial pursuits because you train for a few years, but there is no guarantee that you will succeed. "
Tyler Winklevoss
Path
Sports
Day
" Bitcoins are like gold bars with wings. That is why I, and so many others, view bitcoin and its network as gold 2.0. "
Tyler Winklevoss
Wings
View
Others
" Auctions create greater price discovery and liquidity, resulting in a very meaningful final auction price. If you were building a securities exchange today, an auction would be a core feature. "
Tyler Winklevoss
Building
You
Discovery
" We eat, sleep, breathe bitcoin. "
Tyler Winklevoss
Bitcoin
Breathe
Sleep
" There's a difference between being a fundamentalist and being al-Qaeda and being Muslim. It's absurd to think otherwise. "
Tyler Winklevoss
Absurd
Difference
Muslim
" 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. "
Tyler Winklevoss
You
Move On
Me
" Gox was a pattern of poor operations, poor customer service, poor PR. You can't just take bitcoin and hide. "
Tyler Winklevoss
Service
Just
Poor
" 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. "
Tyler Winklevoss
Coach
Race
Days
" I think fiat currencies will become digital. "
Tyler Winklevoss
I Think
Think
Will
" Our basic thesis for bitcoin is that it is better than gold. "
Tyler Winklevoss
Gold
Thesis
Bitcoin
" 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. "
Tyler Winklevoss
Going
Landscapes
Calling
" There will always be people who will support us, and there will always be naysayers. "
Tyler Winklevoss
Support
Us
Will
" I remember when people called Facebook a fad. "
Tyler Winklevoss
People
Remember
I Remember
" The narrative behind bitcoin has been dominated by bad behavior. The reality is bitcoin is filled with tons of talented developers building infrastructure. "
Tyler Winklevoss
Reality
Bad
Behind
" We were there at the beginning of the web 2.0. "
Tyler Winklevoss
Web
Beginning
Were
" We have elected to put our money and faith in a mathematical framework that is free of politics and human error. "
Tyler Winklevoss
Politics
Money
Our
" 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. "
Tyler Winklevoss
You
Nothing
Create
" We may have been born on third base, but we worked like we were starting from home plate. You know: batter up. "
Tyler Winklevoss
Like
Know
You