Tyler Winklevoss on Upcoming Launch of Bakkt

Writer and editor Molly Jane Zuckerman got the chance to sit down with the author of Bitcoin Billionaires, Ben Mezrich and one of the subjects for the book, Tyler Winklevoss, for an exclusive interview for CT.

For those don’t know, when the publication was released, the irony was seemingly clear to many readers. Given that the novel is just under 300 pages, the general narrative is the story of the Winklevoss twins and how they have succeeded in the cryptocurrency space which somehow cleared their name from ever being associated to what was called ‘The Facebook’. 

Zuckerman asked Tyler what his thoughts are on the upcoming project from the aforementioned social media, dubbed Libra. 

“So, first off, I think that Facebook being in this space is huge validation for it.

I think that if you are a company in 2019, and you don’t have a crypto story or game plan, it’s kind of crazy. And if you don’t, I’m sure you’re scrambling around to get one.

Ultimately we think it’s great validation in the space. I’ve read some of the technical papers and whatnot and it looks like it is evolving and they’re still figuring out exactly all the details. But there’s a plan to start, in some way move it to more decentralization.”

In the film, The Social Network, both twins were portrayed in an almost victim fashion, which in a sense they ere. But it’s good to see that they quickly shook off the attachment of Facebook before it burrowed in too deep with the Winklevoss name.

In talking about the upcoming Bakkt platform, which is set to see launch next week, Tyler went onto state:

“I think that people, traders, investors and consumers will ultimately want to see the same opportunities to express opinions through financial instruments in bitcoin as they see in gold. But because we live in the world of cryptocurrency, there may be much more, too. There may be decentralized exchanges and more decentralized finance applications that you can’t create outside of the crypto world.

“I think you’d expect to see what exists in gold but also much more in crypto.”

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