Winklevoss twins, Miami Mayor Francis Suarez still bullish on crypto

2 years ago

People

Winklevoss Twins and Miami Mayor Suarez talked astir their optimistic attack to the crypto marketplace contempt the caller collapse. Suarez said he's getting paid successful Bitcoin, portion the twins are investing astatine the dip.

2 min read

Updated: May 26, 2022 at 2:52 pm

Winklevoss twins, Miami Mayor Francis Suarez inactive  bullish connected  crypto

Cover art/illustration via CryptoSlate

👋 Want to enactment with us? CryptoSlate is hiring for a fistful of positions!

On 2 abstracted occasions, some the billionaire Winklevoss Twins and Miami’s Mayor Francis Suarez expressed their bullish cognition toward the crypto market, adjacent aft the fallout pursuing the Terra LUNA scandal.

While the twins take to summation their investments successful crypto startups, Suarez continues to person his wage successful Bitcoin (BTC). They bash truthful due to the fact that they judge successful the exertion down crypto.

Winklevoss twins summation investments

Fundraising for crypto and blockchain startups importantly declined aft the caller LUNA-related crash. The Winklevoss twins stepped up to instrumentality vantage of this diminution and accelerated their investments successful assorted crypto startups.

Cameron Winklevoss commented connected the investments and said:

“We judge successful investing successful the adjacent procreation of builders and visionaries who are pushing the boundaries of what’s possible. They are hazard takers who privation to physique a amended quality acquisition and aren’t acrophobic to deliberation large and neglect greatly.”

The brothers take to clasp connected to their investments successful cryptocurrencies and crypto companies. During the archetypal days of the marketplace collapse, Tyler tweeted:

Lots of trolls fueling the rumor mill these days. Like that @cameron and I are sellers successful this market, blah blah blah. This is wholly false. Haven't sold anything. Been present galore times before. Completely unfazed. This excessively shall pass. Never been much bullish. Onward! 👍🚀

— Tyler Winklevoss (@tyler) May 12, 2022

Two days later, Cameron backed his member up and tweeted:

Bitcoin isn't conscionable an asset. And it's not conscionable a technology. It's a question that offers the blueprint to dismantle accepted powerfulness structures. It promises greater independence, choice, and opportunity. It was a pugnacious week, but the underlying fundamentals haven't changed. WAGMI

— Cameron Winklevoss (@cameron) May 14, 2022

40-year-old billionaire twins Cameron and Tyler Winklevoss co-founded Gemini and person a combined luck of $6,4 billion. They are besides amongst the largest Bitcoin holders and person invested successful 50 crypto oregon blockchain startups.

Suarez holds connected to his wage successful Bitcoin

Miami’s Mayor Francis Suarez precocious spoke astir the aboriginal of crypto astatine The World Economic Forum.

He was asked if he’d take to person his wage successful Bitcoin if helium knew the LUNA clang would happen. Suarez said:

“Yes, and I americium inactive taking my wage successful Bitcoin. I volition enactment for the grounds that it’s not my lone salary. I deliberation it’s a antithetic determination than if a idiosyncratic was deciding to instrumentality their wage successful Bitcoin if it was the lone root of income for them.”

He continued to speech astir his optimistic attack to the market. He said:

“I person the luxury of being capable to deliberation agelong successful presumption of my concern successful Bitcoin.[…] I don’t absorption strictly connected the price.  If you’ve looked astatine the terms historically astatine Bitcoin, determination is lone been a fewer years wherever the terms has gone down astir invariably. Every azygous twelvemonth the terms goes up and it goes up significantly. [..] What I absorption connected is the basal technology.”

Mayor Suarez’s cognition towards cryptocurrencies has been positive for a agelong time. He continues to enactment to marque Miami a crypto-friendly environment. Currently, his bureau is working on allowing businesses to wage their taxes successful crypto.

View source