Winklevoss Twins Thinking About Joining Facebook's Libra Association - Coindoo
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Winklevoss Twins Thinking About Joining Facebook’s Libra Association

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Aug 20, 2019
2 min reading time

The founders of the Gemini crypto exchange, Tyler and Cameron Winklevoss, have stated that they are open to join Mark Zuckerberg’s Libra Association.

It seems that the twins, which have been in a legal settlement over the ownership of the Facebook website, will not let past disputes interfere with the possibility of a partnership with the media giant’s new crypto organization.

According to a CNN interview, Cameron stated that Libra represents a step towards mass adoption of cryptocurrency, highlighting:

“I think there is a day in the future where we can’t live without crypto, or imagine a world before crypto.”

It is yet unknown if Gemini will join the Libra Association, but the Winklevoss’s active involvement in the promotion of crypto and crypto –regulation could make them a prime candidate for Facebook.

The Gemini founders revealed that they have been considering joining the Libra Association, a new governance consortium for Facebook’s impending crypto. The association currently has 28 founding members and it is expected to reach 100 when Libra will be launched.

They also stated that they first need to learn more about the details of the project before they make the decision to join the Association and if they will be introducing support for Libra on the Gemini exchange.

The Libra Association has not made any comments regarding a partnership with the Winklevoss.

I think that internet companies have to have a crypto strategy, and I think a lot of them are thinking about their own coin projects. They’re probably watching Libra and Facebook to see how that fares as they develop it.” –said Cameron.

He believes that giants such as Amazon, Apple, Netflix, and Google will also set out to launch their own cryptos:

“Amazon can probably get packages to literally any place in the world, even if the last mile is on a dirt bike or something […] very ironic, that the physical stuff we can move all around the world and we can’t get money to a lot of places around the world.”

Featured image: TNW

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