On two separate occasions, both the billionaire Winklevoss Twins and Miami’s Mayor Francis Suarez expressed their bullish attitude toward the crypto market, even after the fallout following the Terra LUNA scandal.
While the twins choose to increase their investments in crypto startups, Suarez continues to receive his salary in Bitcoin (BTC). They do so because they believe in the technology behind crypto.
Winklevoss twins increase investments
Fundraising for crypto and blockchain startups significantly declined after the recent LUNA-related crash. The Winklevoss twins stepped up to take advantage of this decline and accelerated their investments in various crypto startups.
Cameron Winklevoss commented on the investments and said:
“We believe in investing in the next generation of builders and visionaries who are pushing the boundaries of what’s possible. They are risk takers who want to build a better human experience and aren’t afraid to think big and fail greatly.”
The brothers choose to hold on to their investments in cryptocurrencies and crypto companies. During the first days of the market collapse, Tyler tweeted:
Lots of trolls fueling the rumor mill these days. Like that @cameron and I are sellers in this market, blah blah blah. This is completely false. Haven’t sold anything. Been here many times before. Completely unfazed. This too shall pass. Never been more bullish. Onward! 👍🚀
— Tyler Winklevoss (@tyler) May 12, 2022
Two days later, Cameron backed his brother up and tweeted:
Bitcoin isn’t just an asset. And it’s not just a technology. It’s a movement that offers the blueprint to dismantle traditional power structures. It promises greater independence, choice, and opportunity. It was a tough week, but the underlying fundamentals haven’t changed. WAGMI
— Cameron Winklevoss (@cameron) May 14, 2022
40-year-old billionaire twins Cameron and Tyler Winklevoss co-founded
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