The Winklevoss twins, founders of Gemini, believe Bitcoin could hit $1 million in the next 10 years, referring to it as “gold 2.0.” Since opening Gemini in 2015, Bitcoin has surged from $380 to over $115,100 per coin, a 30,000% increase. They see upside potential in direct purchases, ETFs, and corporate investments.
Gemini’s IPO launched on Nasdaq at $28 per share, valuing the company at approximately $3.3 billion. The co-founders envision bringing traditional markets on-chain through partnerships like Nasdaq. They propose a “super app” to manage financial assets and institutional custody services akin to AWS.
Tyler Winklevoss sees Bitcoin’s current price of $115,100 as just one-tenth of the way to $1 million, indicating substantial growth potential. The twins emphasize the early stage of Bitcoin’s adoption curve and anticipate significant growth opportunities in the crypto space.
Read more at Yahoo Finance: Gemini founders call Bitcoin ‘gold 2.0,’ eyes $1M price target
