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.

Advertisement

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.

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. Portronics Launches Vayu Nano Tyre Inflator in India at This Price
  2. New OTT Releases This Week: Dhurandhar: Raw and Uncut, Desi Bling, System, and More
  3. MacBook Pro OLED Panels Might Enter Mass Production Next Month
  4. Oura Ring 5 Could Launch on This Date With a Redesigned Look
  1. Mysterious Stacked Rocks Spotted by NASA Perseverance Rover on Mars
  2. Meta Launches Forum App as a Reddit-Like Platform for Discussions With AI-Powered Assistant for Admins
  3. Xiaomi 17T Series Teased to Arrive in Two Display Variants; Colour Options Revealed Ahead of Debut
  4. Honor Magic 9 Series Could Feature 8,000mAh Batteries; Tipster Leaks Camera, Display Upgrades
  5. Google Might Sell Over 2 Million Android XR-Powered Smart Glasses This Year: Report
  6. Google's Pixel Glow Feature for the Google Pixel 11 May Have Accidentally Leaked During Google I/O 2026
  7. iQOO 16 Global and Indian Debut Seemingly Confirmed as Handset Gets Listed on IMEI Database: Report
  8. Motorola Edge 70 Pro+ Camera Details Confirmed, WIll Arrive in Three Colourways
  9. Oppo Reno 16 Bags BIS, TUV SUD and TDRA Certifications That Hint at Imminent Global Debut
  10. Infinity Ward Working on Next Call of Duty, Says It's Making 'Definitive Modern Warfare' Title
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.