Twice Burned: Winklevii Overshadowed by Zuckerberg Yet Again

In an interview with CBS News on Sunday, Cameron Winklevoss said he was not worried about Libra's launch.

Advertisement
By Associated Press | Updated: 19 June 2019 10:41 IST

Tyler and Cameron Winklevoss

Photo Credit: Twitter/ Tyler Winklevoss

Can a Libra and two Geminis get along? How about Facebook and the Winklevoss twins?

Back in the day, Mark Zuckerberg's hunky Harvard classmates claimed the Facebook CEO stole their idea for the social network when he was just a nerdy undergrad. Now, Facebook's grand plan for a new digital currency called Libra could bring the three men together again — though it remains to be seen whether there'll be enough drama to warrant a sequel to "The Social Network," the 2010 film based on the story of Facebook's founding.

Tyler and Cameron Winklevoss have busied themselves since their Harvard days — they're 37 now, while Zuckerberg is 35 — investing heavily in Bitcoin, currently the best-known "cryptocurrency." With Libra, though, Facebook is hoping to change that, and so once again Zuckerberg seems to be one-upping the "Winklevii" in their own backyard.

Advertisement

Perfect for a dramatic retelling, right? But how about a rom-com, or at least a bromance? The Winklevoss twins, it turns out, have also founded Gemini, a cryptocurrency exchange based in New York City. The idea behind the exchange, started in 2014, was to create a secure ecosystem that is "free of hacking, fraud and security breaches," to move cryptocurrency out of Wild West days and into something that's regulated, secure and used by regular people.

Advertisement

Facebook's Libra, meanwhile, hopes to be the first Bitcoin-like currency with mass appeal, thanks to its backing by familiar corporations like Uber, Visa and Mastercard. Is there room for some cooperation? Or will the twins get burned again?

In an interview with CBS News on Sunday, Cameron Winklevoss said he was not worried about Libra's launch. "There's so much pie to grow, I mean, at this point, we need to be frenemies," he said.

Advertisement

Representatives for Facebook and Gemini did not immediately return messages for comment on Tuesday.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Advertisement

Related Stories

Popular Mobile Brands
  1. Samsung Galaxy S26+ Reportedly Listed for Sale Online Ahead of Launch
  2. Poco X8 Pro Spotted on Geekbench With This Dimensity 8000 Series Chipset
  3. Vivo X300 FE Reportedly Bags IMDA and TUV Certifications Ahead of Launch
  4. Apple to Reportedly Launch Low-Cost MacBook in 'Playful Colors' in March
  5. Xiaomi Civi 6 Could Launch in China Soon With Customisable AI Shortcut Key
  6. Xiaomi 17 Series Leak Hints at Imminent Launch Ahead of MWC at These Prices
  1. Sony Could Reportedly Delay PS6 to as Late as 2029 Due to RAM Shortage
  2. iPhone 18 Series to Drop SIM Card Slot in Europe to Make Room for Slightly Larger Battery: Report
  3. Poco X8 Pro Spotted on Geekbench With MediaTek Dimensity 8500 Ultra SoC, Android 16
  4. Xiaomi 17, Xiaomi 17 Ultra Global Price Details, Launch Date and Colour Options Leaked
  5. X Building Smart 'Cashtags' to Let Users Check Cryptocurrency Prices in Real-Time
  6. Samsung Galaxy A27 5G Listing on IMEI Database Suggests a Galaxy A26 Successor Is on the Way
  7. Anthropic Inaugurates First Indian Office in Bengaluru, Starts Hiring Local Talent
  8. Apple Tipped to Adopt Samsung's Privacy Display Technology for MacBook Models by 2029
  9. Oppo Find X10 Series Tipped to Launch in H2 2026 With Built-In Magnets for Wireless Charging
  10. AMD and TCS to Co-Develop Helios AI Data Centre Architecture, Deliver 200MW Data Centre Blueprint
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.