![]() ![]() They all attended Harvard together, and the twins later claimed in a lawsuit that Zuckerberg stole their idea for his social network. The Winklevoss brothers are best known for their public brawl with the Facebook founder Mark Zuckerberg. He doesn’t get around to detailing the nausea-inducing fall. In “Bitcoin Billionaires,” Ben Mezrich chronicles the dizzying rise of the digital currency, through the eyes of two of its biggest boosters: the celebrity twins Cameron and Tyler Winklevoss. Many individuals who put their faith in the digital currency saw their fortunes erased. Mainstream financial institutions scurried away, jittery about the currency’s susceptibility to manipulation and money laundering. ![]() The price of Bitcoins fell by about 80 percent (though it has rebounded some lately). Egged on by hyperbolic cheerleaders, small-time investors socked their savings in the so-called cryptocurrency.Īnd then, just as you would expect of an asset whose value had increased exponentially in the blink of an eye, the bubble burst. Wall Street banks were rushing to get in on the frenzy. Prices of the digital currency had reached a record high of about $20,000 a pop. BITCOIN BILLIONAIRES A True Story of Genius, Betrayal, and Redemption By Ben MezrichĪt the end of 2017, Bitcoin mania was in full swing. ![]()
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