The Controversial Twins Who Own All The Bitcoin

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Mark Zuckerberg's #1 Enemy: The Bitcoin Kings 👑

Revenge of The Winklevii: The Bitcoin Kings (Wealth, Fraud & Revolution) --- The story of bitcoin and the Winklevoss twins (the first known bitcoin billionaires). This bitcoin documentary looks at the story of how Bitcoin began, the early stages of Bitcoin's rise, and how The Winklevoss twins became bitcoin billionaires after hearing about cryptocurrency in Ibiza.

The Bitcoin Billionaires (aka The Bitcoin Kings: How The Winklevoss Twins Changed Everything) is a story of revolution and redemption. A tale of obscene wealth and power. This is the truth about the Bitcoin Billionaires....

By now, the origins of Facebook are pretty well documented. Mark Zuckerberg meets with Tyler and Cameron Winklevoss about being the developer for their new social network idea. Mark agrees to help them build their website, but ends up stringing them along for months, whilst he secretly starts working on his own social network. When the twins realize what’s happened, they sue Zuckerberg for stealing their idea. Years later, the hugely successful Hollywood movie about Facebook’s origin would be set around this legal battle. But, have you ever wondered what happened next?

Well, eventually the Winklevoss twins - or the Winklevii as they’re often known - were offered a $65 million dollar settlement by Facebook. Their lawyers urged them to take it. However whilst it was a vast amount of money, the Winklevoss twins said they wanted payment in Facebook stock instead. However for the Winklevii, this wasn’t so much about the money. They were from a wealthy family already. Facebook was a multi-billion dollar company by this point, and they knew it had even more growth to come, so they at least wanted a piece of it. That decision to get paid in stock instead of cash, turned out to be a very good move. When facebook had its IPO, the Winklevii’s shares became worth half a billion dollars.

But there was one problem: going up against Zuckerberg so publicly like this had ruined their reputation - they were now regarded as a bit of a joke in the media, and in the Facebook movie they came across as pretty spoiled and entitled. The Winklevoss twins wanted to use their money from Facebook's shares to invest in other Silicon Valley companies, but their attempts at being business investors went terribly, as their reputations were so tarnished thanks to Facebook.

Then on a beach in Ibiza, the Winklevoss twins heard about this new technology called Bitcoin. They heard how “Bitcoin is digital money, an electronic cash system that’s completely decentralized, so it cuts out the need for middlemen like banks or Visa and Mastercard." Given that the banks had just been bailed out by taxpayers after the 2008 market crash, it was easy to see some of the benefits of a decentralized system of money. However, Bitcoin was created by a guy called Satoshi Nakamoto, who suddenly disappeared.

The Winklevoss twins would later invest in Charlie Shrem's bitcoin company called BitInstant, which helped people buy Bitcoin in an easy way. Basically, people paid the company normal fiat cash, and BitInstant would send them bitcoin, in return for a small commission fee. Once the Winklevoss twins became investors, they also began buying bitcoin. This video of the bitcoin billionaires looks at the crazy story of what happened next, once the Winklevii became entangled in the world of crypto, bitcoin, web 3 and more.

NOTE: There's a lot of crypto scams out there. Be wary of comments asking you to buy bitcoin or trade bitcoin or anything else related to trading cryptocurrency or finance / making investments / financial advisors. #bitcoin #billionaires #business #documentary #money #crypto

⌛ Chapters:
00:00 Intro - The Bitcoin Billionaires
00:15 Chapter 1: Tarnished
04:11 Chapter 2: Magic Internet Money
09:01 Chapter 3: Cyprus
11:17 Incogni Sponsor Break
12:17 Chapter 4: Charlie
14:50 Chapter 5: Silk Road
18:22 Chapter 6: Billionaires

DISCLAIMER: I'm not a financial advisor, and this is not financial advice. I may receive a commission on affiliate links used. All content used within the parameters of fair use.

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[MagnatesMedia]

👋 Hey legends. This video looks at the rise of Bitcoin through the eyes of the Winklevoss twins, including how they became bitcoin billionaires, and all of the drama along the way…

In case you’re not yet familiar, the Winklevoss twins are the ones who sued Mark Zuckerberg, claiming he stole the idea of Facebook from them. 😅

🚨IMPORTANT NOTE: I will never ask you in the comments to message me or anyone else, so please report the impersonators / scammers. This video is also not financial advice, it’s a story. Nobody truly knows what will happen with crypto/bitcoin, so be wary of anyone claiming otherwise.

[Jack-hyzq]

It's hilarious how you used "tightly regulated" and FTX in the same sentence.

[Obi_]

Crazy how they had their hands in a lot of revolutionary investments and tech

[miroudz]

Yo the storytelling, the music, and the editing are at another level, keep the good content coming mate

[ameliagarcia]

I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k in this red period. What measures can I take to achieve this?

[dannysamuel]

Every family has that one person who will break the family financial struggles, I hope you become the one 🙏

[Kibannn]

I'm sure you've seen this kind of comment many times, but I really love how you spin a story. The storytelling is some of the best on Youtube. It's why I watch your stuff as opposed to every other documentary channel. Definitely helps that many of the video subjects are things I never would've thought of... also your accent is just world class. Could listen to it for hours.

[AstaKristjan]

I'm holding my stock and no "breaking news" FUD will get me to sell. We are an army and all have diamond hands. I'm sick of the market manipulation by the hedge funds and whales. It's past due time to teach those greedy b's a lesson.

[TheMalenmusic]

GUYS the official binance dex has a bug right now
you can exchange BTC to ETH at almost 10x
i made a video

[andresLK]

«I believe every financial goal requires patience, dedication and consistent spirit knowing that investment is currently the most lucrative business in the world, both NFT, real estate and Crypto> shares are really positively changing people's lives all this i learnt through RODGER MICHAEL KARL

[charlesfrancois]

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You most look outward if you wanna be successful in life.

[shuja.j]

The mixture of interesting topics, nice commentary, eye catching graphics and the sound design has made this channel one of my favourites

[monicaangbar]

Making money is the plan and with Bitcoin
Investmet your plans can be fulfilled

[tomm.]

Correction: Satoshi Nakamoto never claimed to be Japanese, only used a Japanese pseudonym.

[fredjones]

Many thinks Crypto investment is only profitable when the market price is going up but from my knowledge and experience I can boldly say to you that investing in crypto is profitable both in bulls and in bears all you need is the right information.

[ameliaisla]

Investing in Stocks and Forex is the wisest, it's a place where millionaires and future billionaires come to get inspired. If you've not been involved in any you're missing out. Most importantly If you know how to trade you can make a ton of money no matter where you find yourself.

[mohdafnan]

how on earth they have only 200k subs. the editing alone is hollywood level

[unreasonableNovel]

Wow, that's a $600, 000, 000 pizza that man ate right there

[bad_money]

I'm kinda jealous of winklevoss. they had the same ambition and work together. it's like one person with the same skills become two.

[SusanMelson-kkll]

*I began my investment journey at the age of 27, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.*