asteroids

Make It Rain Gold! Winklevoss Twins on Elon Musk & Space Mining

Source Node: https://beincrypto.com/make-it-rain-gold-winklevoss-twins-on-elon-musk-space-mining/
Time Stamp: August 15, 2020 7:49 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Winklevoss Twins of the “The Social Network” and “Bitcoin Billionaires” fame have said Elon Musk wants to mine gold from space. They tried to convince Barstool Sports blogger David Portnoy that Bitcoin, with its limited supply, was a better investment. Making It Rain In a Twitter video on Friday, the Winklevoss Twins tried to explain that gold was not a great hedge against the dollar. While the dollar keeps being printed, gold only exists in limited amounts… at least on Earth. Furthermore, the twins suggested that Elon Musk was

Bitcoin a Hedge Against Elon Musk Mining Asteroid Gold, Say Winklevoss Twins

Source Node: https://cointelegraph.com/news/bitcoin-a-hedge-against-elon-musk-mining-asteroid-gold-say-winklevoss-twins
Time Stamp: August 14, 2020 8:38 AM - Modified On: May 21, 2021 - Published By:
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Republished By Plato

The Winklevoss Twins suggested that Bitcoin (BTC) is a better investment than gold because the metal’s supply will increase after Elon Musk starts mining asteroids.In an interview with internet personality and Barstool Sports founder David Portnoy, the Winklevoss Twins claimed that Bitcoin is a better investment than gold because gold does not have a fixed supply:“There’s billions of dollars of gold floating in asteroids around this planet, and Elon [Musk] is gonna get up there and start mining gold. [...] That’s why gold is a problem, because the supply isn’t