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The Winklevoss twins are making a movie about the Winklevoss twins
The Winklevoss Twins -- who allegedly came up with the idea for Facebook -- will create a movie on how they made $1 billion from Bitcoin.
Facebook reportedly courting help from Winklevoss twins for its cryptocurrency
As Facebook continues to poke around at the possibility of creating its own digital currency, it's created the possibility for the unlikeliest of reunions. According to the Financial Times, the social networking giant has held talks with the Winklevoss twins to discuss the possibility of using Gemini, a cryptocurrency exchange founded by the brothers, to store and distribute the planned Facebook coin. Engadget reached out to Facebook for additional information but the company declined to comment.
Winklevoss twins want to make bitcoin legit with US-based exchange
One of the biggest draws of using bitcoin as a method of exchange is the lack of any form of regulation. Unfortunately, that's left the cryptocurrency with a reputation problem, which is why countries like India, China and Russia are trying to shut it down. The Winklevoss twins, however, feel that embracing the warm hand of government regulations may be enough to take bitcoin into the mainstream. That's why the pair are about to launch Gemini, a US-based bitcoin exchange that, crucially, has the backing of both a New York-based bank and is likely to get the blessing of governmental types, too.