Bitcoin Billionaires Author Talks Drama of Winklevoss Brothers and Mark Zuckerberg on CNBC


 

  • Ben Mezrich promoted his new book, Bitcoin Billionaires, on CNBC.
  • While Mezrich does not own Bitcoin, he feels that the story of the Winklevoss brothers and others in the industry is worth telling.

A new book is launching soon that will reveal to the world a new perspective on the crypto industry. The book is titled “Bitcoin Billionaires: A True Story of Genius, Betrayals, and Redemptions,” and it is written by Ben Mezrich. Mezrich’s may be familiar because he authored a book that the movie industry turned into “The Social Network,” featuring the drama between Mark Zuckerberg and the Winklevoss Twins that claimed to be co-creators of Facebook.

The interview on CNBC starts off with Mezrich saying that, in drafting the book that eventually became Social Network, he found the brothers to be the so-called “bad guys” in the story. However, he started to learn about their role in the cryptocurrency world less than two years ago, leading Mezrich to completely reassess his view of them.

He stands by the picture he painted in the film, saying that the brothers were just as unlikeable. According to the author, the brothers saw both things they disagreed with and what they liked about it, which led to their conversation. He considers himself to be the “Third Winklevi,” based on his relationship with them.

The decision to write Bitcoin Billionaires came out of a curiosity of the market, and it appears that Mezrich ended up unfolding a treasure trove of interesting details of the people that make up the space. For instance, he starts revealing more information that he slowly learned about the brothers, saying that the men are identical twins and that they were actually almost conjoined in the womb.

He explains that the brothers bought in to the Bitcoin market when BTC was only worth $7 each, though they believe that the token will ultimately be worth $250,000. Mezrich believes in crypto as the future currency of the world, commenting that “everything is going digital,” adding that “crypto makes sense.”

One of the hosts on the episode pointed out the concept of drug dealers getting involved, and Mezrich admits that there were many people that first came to market with this effort. However, the unique detail about the brothers is that they have been working to stamp out those kinds of activities, aiming to create a balanced space within New York, which has strict licensing laws for any crypto platform to operate within the bitcoin ecosystem.

Bringing up rumors of the Winklevoss brothers being involved with the Facebook Coin, Mezrich called the drama a “Shakespearean battle.” He believes that both sides end up waking up while thinking about each other and how their competition can be perpetuated. However, now, the brothers have the upper hand in this situation, and Facebook creator Mark Zuckerberg would have to rely on their expertise.

Mezrich pointed out the benefit of cryptocurrency has a lot to do with the digital speed, though he does not personally invest in Bitcoin. He jests that all of the investments he’s made has gone down to nothing, and he doesn’t plan to be a part of that again. Still, he emphasizes during the segment that his goal is to tell this story and give the public a greater understanding of the market.

You can watch the whole video and listen to a fascinating story that seems to just be getting started.

The story of the Winklevoss twins

The author of the book "Bitcoin Billionaires: A true story of genius, betrayals, and redemptions" explains who the Winklevoss twins are, their role in the creation of Facebook, and how they became Bitcoin billionaires.

Posted by CNBC Crypto on Friday, May 24, 2019

Bitcoin’s price is $34,755.27 BTC/USD exchange rate today. The real-time BTC market cap of $651.38 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $26.01 Billion and live coin value change of BTC 4.44 in the last 24 hours.

Live Bitcoin (BTC) Price:

1 BTC/USD =$34,755.2739 change ~ 4.44%

Coin Market Cap

$651.38 Billion

24 Hour Volume

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24 Hour Change

$1,541.98

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