On two separate events, each the billionaire Winklevoss Twins and Miami’s Mayor Francis Suarez expressed their bullish angle towards the crypto market, even after the fallout following the Terra LUNA scandal.
Whereas the twins select to extend their investments in crypto startups, Suarez continues to obtain his wage in Bitcoin (BTC). They accomplish that as a result of they consider within the expertise behind crypto.
Winklevoss twins improve investments
Fundraising for crypto and blockchain startups considerably declined after the current LUNA-related crash. The Winklevoss twins stepped as much as benefit from this decline and accelerated their investments in numerous crypto startups.
Cameron Winklevoss commented on the investments and mentioned:
“We consider in investing within the subsequent technology of builders and visionaries who’re pushing the boundaries of what’s attainable. They’re danger takers who wish to construct a greater human expertise and aren’t afraid to assume huge and fail significantly.”
The brothers select to carry on to their investments in cryptocurrencies and crypto firms. Throughout the first days of the market collapse, Tyler tweeted:
Numerous trolls fueling the rumor mill today. Like that @cameron and I are sellers on this market, blah blah blah. That is fully false. Have not bought something. Been right here many instances earlier than. Fully unfazed. This too shall go. By no means been extra bullish. Onward! 👍🚀
— Tyler Winklevoss (@tyler) May 12, 2022
Two days later, Cameron backed his brother up and tweeted:
Bitcoin is not simply an asset. And it is not only a expertise. It is a motion that gives the blueprint to dismantle conventional energy constructions. It guarantees larger independence, alternative, and alternative. It was a troublesome week, however the underlying fundamentals have not modified. WAGMI
— Cameron Winklevoss (@cameron) May 14, 2022
40-year-old billionaire twins Cameron and Tyler Winklevoss co-founded Gemini and have a mixed fortune of $6,4 billion. They’re additionally amongst the biggest Bitcoin holders and have invested in 50 crypto or blockchain startups.
Suarez holds on to his wage in Bitcoin
Miami’s Mayor Francis Suarez just lately spoke about the way forward for crypto at The World Financial Discussion board.
He was requested if he’d select to obtain his wage in Bitcoin if he knew the LUNA crash would occur. Suarez mentioned:
“Sure, and I’m nonetheless taking my wage in Bitcoin. I’ll word for the document that it’s not my solely wage. I feel it’s a special resolution than if an individual was deciding to take their wage in Bitcoin if it was the one supply of revenue for them.”
He continued to speak about his optimistic method to the market. He mentioned:
“I’ve the posh of with the ability to assume lengthy when it comes to my funding in Bitcoin.[…] I don’t focus strictly on the worth. In case you’ve appeared on the worth traditionally at Bitcoin, there may be solely been just a few years the place the worth has gone down nearly invariably. Each single yr the worth goes up and it goes up considerably. [..] What I concentrate on is the bottom expertise.”
Mayor Suarez’s angle in direction of cryptocurrencies has been optimistic for a very long time. He continues to work to make Miami a crypto-friendly setting. Presently, his workplace is engaged on permitting companies to pay their taxes in crypto.
