{"id":383647,"date":"2019-05-25T00:01:12","date_gmt":"2019-05-25T00:01:12","guid":{"rendered":"https:\/\/ktsl888.com\/?p=383647"},"modified":"2024-06-11T13:43:23","modified_gmt":"2024-06-11T13:43:23","slug":"crypto-assets-compared-to-dot-com-domains-shows-unrivaled-growth-performance","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/crypto-assets-compared-to-dot-com-domains-shows-unrivaled-growth-performance\/","title":{"rendered":"Crypto Assets Compared to Dot Com Domains Shows Unrivaled Growth Performance"},"content":{"rendered":"

Cameron Winklevoss, early Bitcoin<\/a> investor the outspoken co-founder of the Gemini crypto exchange, is a staunch supporter of what he and his brother Tyler call the Future of Money<\/a>. They and their exchange have worked to elevate the industry and help it shed the wild west atmosphere of the emerging market.<\/span><\/p>\n

In his latest comments, the Bitcoin bull compares crypto assets to the assets of the dot com era: domain names. The comparison is used to show the tremendous growth the crypto market has brought investors – far more than the mere \u201cfew millions\u201d that Winklevoss says a four-letter domain would have netted someone if bought in 1990.<\/span><\/p>\n

Cameron Winklevoss: Cryptonetworks > Internet, Here\u2019s Why<\/span><\/h2>\n
Cameron Winklevoss<\/a> knows plenty about investing in early technologies like the internet and more recently, cryptocurrencies. The early Bitcoin supporter was also partly responsible for one of the earliest examples of a social media network, which eventually became the foundation for Mark Zuckerberg\u2019s Facebook<\/a> \u2013 one of the most powerful internet giants today.<\/span><\/p>\n
Related Reading | Cameron Winklevoss on Crypto: Not Investing In the \u201cFuture of Money\u201d is \u201cCrazy\u201d<\/a><\/strong><\/em><\/p>\n
In a recent tweet, the tech entrepreneur and one half of the Winklevoss twins has compared ownership of crypto network assets \u2013 cryptocurrencies \u2013 to the early owners of internet assets, or domain names. In the early days of the internet, forward-thinking entrepreneurs would gobble up two-, three-, and four-letter domain names in anticipation of the stampede of companies that would eventually have a presence in cyberspace.<\/span><\/p>\n
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Cyberspace assets = domain names
Cryptonetwork assets = tokens<\/p>\n
1990: 4-letter domain = $10. Same domain today = few millions max
2009: bitcoin pizza = $10. Same pizza today = ~$80million<\/p>\n
Ability to own a piece of Cryptonetworks > Internet.<\/p>\n
— Cameron Winklevoss (@cameron) May 23, 2019<\/a><\/p><\/blockquote>\n