Pocketful of Dirhams: The Winklevoss twins on Bitcoin and investing in crypto


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  • Arabic

In this special episode of Pocketful of Dirhams, we talk to the billionaire twin brothers who famously sued Harvard classmate Mark Zuckerberg for allegedly stealing their idea for Facebook.

Cameron and Tyler Winklevoss, former Olympic rowers and founders of crypto exchange Gemini, first became famous after their legal dispute with Mr Zuckerberg, portrayed in the critically acclaimed 2010 movie, The Social Network.

Their venture into the world of cryptocurrency pushed the Winklevoss twins into the spotlight again. In 2014, they founded Gemini, which has become one of the most reputable and regulated platforms in the industry.

Host Felicity Glover is joined by Cameron and Tyler at The National’s newsroom in Abu Dhabi. They talk about their belief in Bitcoin, how they first came across it, why they founded Gemini, how to cope with the volatile crypto market and why AI is the next big thing for crypto.

Produced by Arthur Eddyson and Doaa Farid

Listen to the last week's episode on how to keep your money safe while travelling this summer:

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The burning issue

The internal combustion engine is facing a watershed moment – major manufacturer Volvo is to stop producing petroleum-powered vehicles by 2021 and countries in Europe, including the UK, have vowed to ban their sale before 2040. The National takes a look at the story of one of the most successful technologies of the last 100 years and how it has impacted life in the UAE. 

Read part four: an affection for classic cars lives on

Read part three: the age of the electric vehicle begins

Read part one: how cars came to the UAE

 

BMW M5 specs

Engine: 4.4-litre twin-turbo V-8 petrol enging with additional electric motor

Power: 727hp

Torque: 1,000Nm

Transmission: 8-speed auto

Fuel consumption: 10.6L/100km

On sale: Now

Price: From Dh650,000

Our legal columnist

Name: Yousef Al Bahar

Advocate at Al Bahar & Associate Advocates and Legal Consultants, established in 1994

Education: Mr Al Bahar was born in 1979 and graduated in 2008 from the Judicial Institute. He took after his father, who was one of the first Emirati lawyers

What can victims do?

Always use only regulated platforms

Stop all transactions and communication on suspicion

Save all evidence (screenshots, chat logs, transaction IDs)

Report to local authorities

Warn others to prevent further harm

Courtesy: Crystal Intelligence

Updated: June 07, 2023, 2:00 AM`
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