The Winklevoss brothers can join the launch of Libra. They are confident that their tokens will be released by Google and Amazon

The founders of Winklevoss Capital and the Gemini Bitcoin Exchange, the Winklevoss brothers, are considering joining the Libra Association consortium. They stated this in a conversation with CoinDesk .

“We are definitely looking at this [Facebook initiative] with all seriousness, and we are delighted with the project,” said Cameron Winklevoss.

The brothers are confident that the launch of digital tokens by other large companies is just a matter of time.

“It seems to us that this is only the first such project to issue tokens from companies of the FANG group (Facebook, Amazon, Netflix and Google). According to our forecasts, in the next 24 months, almost every FANG company will already have its own coin or will work on something similar, ”says Tyler Winklevoss.

At the same time, the brothers are convinced that Facebook needs to work with regulators, since “proper regulation contributes to the prosperity of innovation”.

We note Libra faced harsh criticism from both state authorities and large financial institutions. US congressmen even called on Facebook to suspend work on the project.

In a conversation with CNBC, Winklevoss noted that Libra is not a potential competitor to Gemini Dollar (GUSD).

“As far as we know, Libra will be provided with a basket of currencies, while GUSD is tied to the US dollar rate in a 1: 1 ratio … Actually, I think that a bitcoin-Libra or Libra-Gemini dollar pair can be very interesting,” said Tyler Winklevoss.

The brothers' willingness to join the Facebook project may seem somewhat ironic, given that in the past Winklevoss accused Mark Zuckerberg of stealing the idea of creating a social network.

Recall, the brothers have long sought the opening of the Winklevoss Bitcoin Trust, in June 2016, sending a request for changes to the rules of the BATS Global Exchange, on which the fund’s shares should be traded.

It is also worth noting that so far the only bitcoin exchange that joined the Libra Association is Coinbase.

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