"Bitcoin rose from $1 in 2011 to $1,000 in 2013, cementing itself as a global asset. Cameron and Tyler Winklevoss bought Bitcoin early and founded Gemini in 2014 with a strong, compliance-first approach. The Winklevoss twins call Bitcoin gold 2.0, highlighting its fixed supply, portability and resistance to inflation as key advantages over traditional gold. The Winklevoss twins predict Bitcoin could hit $1 million, driven by ETF inflows, gold parity and nation-state adoption."
"Bitcoin has been a financial mystery since its inception. While critics often dismissed it as a passing trend, its supporters saw it as a digital breakthrough. Once Bitcoin (BTC) took off in 2009, after Satoshi Nakamoto mined the genesis block on Jan. 3, there was no looking back. February 2011: Bitcoin reaches parity with the US dollar at 1 BTC = $1. June 2011: The price surges to $31 before crashing to $2, marking Bitcoin's first major bubble."
Bitcoin rose from parity with the US dollar in 2011 to over $1,000 by late 2013, signaling growing investor confidence and global adoption. Early investors Cameron and Tyler Winklevoss bought Bitcoin when it was little known and founded the Gemini exchange in 2014 with a compliance‑first approach. The Winklevoss twins label Bitcoin 'gold 2.0' due to fixed supply, portability and resistance to inflation compared with traditional gold. They forecast a potential $1 million price driven by ETF inflows, gold parity and nation‑state adoption. Bitcoin’s early volatility, including the 2011 bubble, preceded its emergence as a major digital asset.
Read at cointelegraph.com
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