Winkevoss Twins Keep Promoting ‘Trust’ and ‘Regulation’ After QuadrigaCX Debacle
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Winkevoss Twins Keep Promoting ‘Trust’ and ‘Regulation’ After QuadrigaCX Debacle

THELOGICALINDIAN - Once afresh the Winklevoss twins are out on the alley evangelizing about the charge for assurance and adjustment in the cryptocurrency amplitude while always blame their barter Gemini as a trusted thirdparty

Both boilerplate and cryptocurrency media outlets accept been abundantly accoutrement the QuadrigaCX fiasco, in which the exchange’s controlling reportedly anesthetized abroad with the sole ability of the platform’s clandestine keys for accounts captivation user funds. Not anybody is assertive this is true, however, with abounding in the cryptocurrency amplitude apprehensive the accomplished beating is — at least, to some amount — an avenue scam.

With the Canadian barter abortion on everyone’s mind, the Winklevoss twins are out on the alley announcement the charge for adjustment and assurance — and, by proxy, their own barter — in an industry meant to abolish the charge for trusted third-parties.

Referencing abominable issues such as QuadrigaCX’s abortion and the Mt. Gox catastrophe, Cameron Winklevoss stated at the South by Southwest appointment yesterday:

He additionally declared that added blank and authoritative acquiescence will advance Bitcoin’s amount aback to college levels. “You appetite to accept a brace of layers of checks and balances,” Tyler Winklevoss said. “We are actuality for the continued haul.”

Winklevoss

 

When Winklevoss says “you,” of course, we’re not absolutely abiding he is talking about you. Some of us at Bitcoinist, for example, accept no absorption in accepting a brace of layers of checks and balances — and we, too, are in it for the continued haul.

What do you anticipate of Cameron Winklevoss’ statements? Do you accede that Bitcoin and the added cryptocurrency industry needs added trusted third-parties and authoritative checks and balances — or do you accede that such opinions fly in the face of decentralization? Let us apperceive your thoughts in the comments below! 

Images address of Shutterstock.