WITH THE WINKLEVOSS TWINS.
MARIA: HAVE YOU SOLD ANY BITCOIN
SO FAR?
>> WE PURCHASED TICKETS TO SPACE
A COUPLE YEARS AGO AND WE
CLEARLY OVERPAID FOR THAT.
BITCOIN VALUE TO GO FROM HERE.
WE THINK IT IS GOLD TO PLANO AND
HIS DISTRACTING GOLD WHICH IS A
DOLLARS, IT LOOKS LIKE IT'S
CERTAINLY APPRECIATED QUITE A
BIT IN THE PAST YEAR.
WE HAVE BEEN SAYING FOR THE PAST
FIVE YEARS WHEN BITCOIN WAS A
$1 BILLION MARKET CAP, THE
BETTER GOLD IF YOU LOOK AT THE
PROPERTIES OF GOLD, AND LIKE
SURPASSES GOLD ACROSS EACH
CATEGORIES.
FOR EXAMPLE, GOLD IS SCARCE,
BITCOIN IS ACTUALLY FIXED AT
21 MILLION TRADED DIVISIBLE INTO
AND THEY ARE HARD TO MOVE.
THEY ARE NOT NEARLY AS PORTABLE.
CIRCUITS ON THE STREET, THEY
DON'T WANT HARDWARE.
THEY WANT SOFTWARE.
THEY GET BITCOIN, NO EXPLANATION
NECESSARY.
THEY DON'T TALK ABOUT WANTING TO
WEAR BITCOIN OR WHY ISN'T IT
SHINIER.
THEY LIVE IN A DIGITAL WORLD.
THEY LIVE IN A 24/7 WORLD.
THEY ARE CONNECTED ALL THE TIME
AND BITCOIN IS MONEY BUILT FOR
THE INTERNET THAT MOVES LIKE
GOLD IS THE OLD WORLD.
IT HAD A PLACE.
>> THAT'S ABSOLUTELY RIGHT.
TAKING A BREAK FROM THE REAL
WORLD USED TO BE HOW THINGS
NOW PEOPLE TAKE A BREAK FROM THE
ONLINE WORLD AND STEP INTO THE
REAL WORLD, THE RIGHT BACK FOR
LIKE 10 MINUTES, THAT THEY LIVE
MOST OF THEIR LIVES IN A DIGITAL
WORLD.
MARIA: ARE YOU SURPRISED AT THIS
INCREDIBLE SUCCESS?
YOU ARE EARLY BELIEVERS, BUT
WOW.
>> WHEN WE FIRST FOUND BITCOIN
OR CAME ACROSS IT, CAME ACROSS A
COMMENT SOUNDS AT A HUGE IDEA,
KIND OF CRAZY.
IT IS NOT CRAZY TO BE VERY
SKEPTICAL AND SAY THIS IS EITHER
LIKE HUGE FOR TOTAL -- BACK IN
2012, BUT KEPT LEARNING, KEPT
ASKING QUESTIONS, TICKETING
INCREDIBLE ANSWERS BACK.
I JUST COULDN'T SEE HOW THIS
COULD WORK OR WOULDN'T WORK.
MAYBE THAT IS WHAT MAKES US A
LITTLE BIT DIFFERENT IN THE WAY
WE THINK ABOUT THINGS OR WE ARE
KIND OF OPTIMIST I WANTED DEEPER
IN LOOK FOR THAT THING.
WE OBVIOUSLY GET REALLY
PASSIONATE ABOUT IT.
WE REALLY COULDN'T SEE WHY WE
WOULDN'T BE SITTING HERE TODAY
FIVE YEARS AGO WHEN WE WOULDN'T
BE SITTING HERE TODAY TALKING
ABOUT THIS CONVERSATION.
THAT WAS SORT OF OUR THINKING
THE WHOLE TIME.
>> WE THOUGHT IT WAS A BINARY
MAYBE WE SEE THE WORLD
DIFFERENTLY AND ONE OF THE FEW
THAT TALK THE WAY BUT I THINK
IT'S NOT REALLY A SURPRISE WE
ARE HERE TODAY.
>> THE OTHER THING THAT'S
INTERESTING IS WE DON'T THINK
THIS IS BY ANY MEANS THE FINISH
LINE.
WE THINK THIS IS THE BOTTOM OF
THE FIRST INNING.
BITCOIN WORLD IS A HUGE STEP
YOUR GEMINI TRUST COMPANY WAS A
HUGE STEP TWO YEARS AGO FOR THE
NEW YORK STATE TO CHARTER A
TRUST COMPANY IN OUR SPACE, BUT
THERE IS SO MUCH MORE TO DO
INSIGHT TO BUILD OUT THE
PRODUCTS, BUT ALSO A LOT OF WORK
TO DO IN CRYPTO CURRENCIES BIG
PROBLEMS WITH DIFFERENT
TECHNOLOGY AND SO WE ARE SUPER
EXCITED BECAUSE THIS IS