The Controversial Twins Who Own All The Bitcoin
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Mark Zuckerberg's #1 Enemy: The Bitcoin Kings 👑
Revenge of The Winklevii: The Bitcoin Kings (Wealth, Fraud & Revolution) --- The story of bitcoin and the Winklevoss twins (the first known bitcoin billionaires). This bitcoin documentary looks at the story of how Bitcoin began, the early stages of Bitcoin's rise, and how The Winklevoss twins became bitcoin billionaires after hearing about cryptocurrency in Ibiza.
The Bitcoin Billionaires (aka The Bitcoin Kings: How The Winklevoss Twins Changed Everything) is a story of revolution and redemption. A tale of obscene wealth and power. This is the truth about the Bitcoin Billionaires....
By now, the origins of Facebook are pretty well documented. Mark Zuckerberg meets with Tyler and Cameron Winklevoss about being the developer for their new social network idea. Mark agrees to help them build their website, but ends up stringing them along for months, whilst he secretly starts working on his own social network. When the twins realize what’s happened, they sue Zuckerberg for stealing their idea. Years later, the hugely successful Hollywood movie about Facebook’s origin would be set around this legal battle. But, have you ever wondered what happened next?
Well, eventually the Winklevoss twins - or the Winklevii as they’re often known - were offered a $65 million dollar settlement by Facebook. Their lawyers urged them to take it. However whilst it was a vast amount of money, the Winklevoss twins said they wanted payment in Facebook stock instead. However for the Winklevii, this wasn’t so much about the money. They were from a wealthy family already. Facebook was a multi-billion dollar company by this point, and they knew it had even more growth to come, so they at least wanted a piece of it. That decision to get paid in stock instead of cash, turned out to be a very good move. When facebook had its IPO, the Winklevii’s shares became worth half a billion dollars.
But there was one problem: going up against Zuckerberg so publicly like this had ruined their reputation - they were now regarded as a bit of a joke in the media, and in the Facebook movie they came across as pretty spoiled and entitled. The Winklevoss twins wanted to use their money from Facebook's shares to invest in other Silicon Valley companies, but their attempts at being business investors went terribly, as their reputations were so tarnished thanks to Facebook.
Then on a beach in Ibiza, the Winklevoss twins heard about this new technology called Bitcoin. They heard how “Bitcoin is digital money, an electronic cash system that’s completely decentralized, so it cuts out the need for middlemen like banks or Visa and Mastercard." Given that the banks had just been bailed out by taxpayers after the 2008 market crash, it was easy to see some of the benefits of a decentralized system of money. However, Bitcoin was created by a guy called Satoshi Nakamoto, who suddenly disappeared.
The Winklevoss twins would later invest in Charlie Shrem's bitcoin company called BitInstant, which helped people buy Bitcoin in an easy way. Basically, people paid the company normal fiat cash, and BitInstant would send them bitcoin, in return for a small commission fee. Once the Winklevoss twins became investors, they also began buying bitcoin. This video of the bitcoin billionaires looks at the crazy story of what happened next, once the Winklevii became entangled in the world of crypto, bitcoin, web 3 and more.
NOTE: There's a lot of crypto scams out there. Be wary of comments asking you to buy bitcoin or trade bitcoin or anything else related to trading cryptocurrency or finance / making investments / financial advisors. #bitcoin #billionaires #business #documentary #money #crypto
⌛ Chapters:
00:00 Intro - The Bitcoin Billionaires
00:15 Chapter 1: Tarnished
04:11 Chapter 2: Magic Internet Money
09:01 Chapter 3: Cyprus
11:17 Incogni Sponsor Break
12:17 Chapter 4: Charlie
14:50 Chapter 5: Silk Road
18:22 Chapter 6: Billionaires
DISCLAIMER: I'm not a financial advisor, and this is not financial advice. I may receive a commission on affiliate links used. All content used within the parameters of fair use.
Paid sponsorship enquiries: support@magnatesmedia.com
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👋 Hey legends. This video looks at the rise of Bitcoin through the eyes of the Winklevoss twins, including how they became bitcoin billionaires, and all of the drama along the way… In case you’re not yet familiar, the Winklevoss twins are the ones who sued Mark Zuckerberg, claiming he stole the idea of Facebook from them. 😅 🚨IMPORTANT NOTE: I will never ask you in the comments to message me or anyone else, so please report the impersonators / scammers. This video is also not financial advice, it’s a story. Nobody truly knows what will happen with crypto/bitcoin, so be wary of anyone claiming otherwise. And finally, I also just posted another new documentary on the crazy story of Airbnb: kzhead.info/sun/drirkZyGpYJ6ZIE/bejne.html - so if you get chance after watching this video, please take a look at this airbnb video as well, and let me know what you think. :)
First reply
good one
Thank you for creating such great videos!
@MagnatesMedia it'd be nice if you held a competition, where you give out one of the voiceovers of any video you've made(without the sound effects and background music) and see how others edit as well And give out prices to the best editors(doesn't have to be something extravagant) maybe like a certain discount to a particular brand or company you run ads for.
Please publish a video editing course in skillshare
It's hilarious how you used "tightly regulated" and FTX in the same sentence.
Yes hindsight is 20/20 tho
also binance lol
@@littledebbiesunofficial The humour is precisely that we can look back and know how wrong he is.
Seriously!! lol. The narrator is kidding right?
@@Jack-hy1zq Or does it just show how much more unregulated the others were.
Yo the storytelling, the music, and the editing are at another level, keep the good content coming mate
Background music in created videos are annoying as heavy traffic
Yuurp
@@nofear2792 someone always gotta rain on a creator’s parade … lol 😂
@nofear2792 backround music breaks the silence and makes the video more interesting
Crazy how they had their hands in a lot of revolutionary investments and tech
It doesn't take skill, just money. You never hear about the rich people who gambled and lost on new tech.
@@oldmandoinghighkicksonlyin1368 This is true at a certain wealth level
@@oldmandoinghighkicksonlyin1368 money attracts more money, when you have money offers just come to you .
@@ImDead1nside money listens No matter if you are rich or poor
@@oldmandoinghighkicksonlyin1368 Money, luck, and a slight bit of skill, it can be because of more than one reason
It’s always a treat to watch your videos. Waiting for the next one 😉
I'm sure you've seen this kind of comment many times, but I really love how you spin a story. The storytelling is some of the best on KZhead. It's why I watch your stuff as opposed to every other documentary channel. Definitely helps that many of the video subjects are things I never would've thought of... also your accent is just world class. Could listen to it for hours.
@Whatsap±1603𝟺𝟶𝟺𝟿𝟺90 MagnatesMedia nah man choose a more original scam. This one's been done to death.
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Whenever i see such appreciating comments..."Crypto Scam bot comments" come in my mind😂
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how on earth they have only 200k subs. the editing alone is hollywood level
Check again.
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I'm holding my stock and no "breaking news" FUD will get me to sell. We are an army and all have diamond hands. I'm sick of the market manipulation by the hedge funds and whales. It's past due time to teach those greedy b's a lesson.
Most people seek instant gratification, which usually doesn't go well. so set goals 1-2 years out instead months out, and you are likely to be much more satisfied with the results.
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Scam detected
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The quality, the production, the information flow, the script : *Masterpiece*
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Living in one's "comfort zone" is a contributing cause to the plight of young people.
Fear is a total failure when you give up Ambitiousness; and Success is a game of dice, you throw your $coin while your investment decides your goal.
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@Whatsap±1603𝟺𝟶𝟺𝟿𝟺90 MagnatesMedia no
Amazing video, I couldn’t stop watching Thanks and keep up the good work
You do a really good job on videos! 🏆
Your storytelling is top tier Never been more engaged in a 20minute long YT video
I agree!!!
Your editing is better than a Netflix documentary, how did you learn to do that?
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You can trade with him and don't forget to share testimonies with others.
How much does he make for you on every trade, sorry asked, just curious
paused while im 1/3 on this video and i am so impressed on how did it was made. if this how do you do all of your vids, then i am subscribing. entertaining 100% - informative 100%. two thumbs-up.
Perfect Story! Wonderful Video!🎉🎉❤❤
Man you and SunnyV2 have been killing it lately on these short documentary style vids. Keep up the great work!
Truly the best out there
Also check out Moon, Aperture, and The Infographics Show has gotten a lot better (see some of their recent ones). And, yes, SunnyV2
@@neandasunyv2 is just eceleb nonsense, who watches that stuff lmao
@@oo--7714 2.5 million people
@@seloveheart it's still bad, same goes for moon, he reminds me of me when I was 16.
Nice content
Amazing quality and I hope to see a sequel movie now focusing on the winklevii
A video with so much knowledge!🎉🎉❤❤
you should get more credit what you do is amazing!
your narration of this story was so captivating i was glued to the screen rather than checking my phone for notifications. I'm now particularly curious about that mystery man who invented bitcoin in the first place. TIme to fall down a rabbit hole i guess.
This is an amazing documentary 😍
Amazing channel. Your name Magnate Media down in left hand corner is partially is hidden. Anyway you are doing amazing work 😉
great video like always! The editing, story telling, knowledge and graphics all come together to create a amazing video. Good to see creators like you setting the bar for good content. Also nice to see you back with more new videos
Bruh 😂😂, he posted a 21 minutes video 7 minutes ago, you can't tell me you already watched all. But I get you tho, I also haven't watched it yet but I know John will deliver 🔥🔥
@@uniquenimi lmao u got a point
Correction: Satoshi Nakamoto never claimed to be Japanese, only used a Japanese pseudonym.
Thank you for sharing❤️😊🙏
Man your videos are simply amazing where can I donate to your channel ...it's like watchng a movie
GUYS the official binance dex has a bug right now you can exchange BTC to ETH at almost 10x i made a video
Way better than Netflix! The storytelling is amazing
You are so underrated, ur video editing ur content ur quality everything is amazing, I wish u rise
I want to help, pls tell what I can do on my side
Bro your videos are absolutely incredible! I admire your work . 🎉
I really love your videos, the story telling and everything thing is just perfect. I can't imagine about the time that you put on researching in each video. I also love the editing. Keep up the good work❤️
I'm kinda jealous of winklevoss. they had the same ambition and work together. it's like one person with the same skills become two.
Really ? jeez you need to re evaluate your standards ,serious, their story is greed and privilege gone wrong DOUBLED and written in full view ,this is obviously going tits up as we watch ,lets come back in say five years see who is right huh ? Jealous ,laughable frankly ,its cringeworthy watching them desperately trying to avenge the fb films view of themselves as horrible people they are ,dude these aren't people who needed the money in the first place, its about their dubious egos...
@@DavidCorrieGOOGLE Cope harder
Excellent work
This is great produced, really catches the interest of the consumer
THIS WAS SO INTERESTING TO WATCH!
I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k in this red period. What measures can I take to achieve this?
It's a delicate season now, so you can do little or nothing on your own. Hence I will suggest you get yourself a professional that can provide you with entry and exit points on the securities you focus on.
@@jessicalandon8973 Very true! Because my financial advisor developed defensive methods to safeguard my portfolio and profit from this volatile market, I was able to scale from $350K to $650K during this red season.
@@husseinhodrob That's heavy! keep it up, I would really need to use the expertise of these advisors, because my portfolio has been down bad for a while now....Who exactly is the person guiding you?
Having a coach is essential in a volatile market; you can easily hunt her up because she has years of financial market knowledge. My advisor is "Alice Elaine Hayhurst."
@@husseinhodrob I just scheduled a call with Alice after looking her up online. She appears to be quite knowledgeable based on my research, so I wrote to her outlining my financial market objectives.
Amazing video thank you!
This is well made. Kudos.
nice work twins!
I was watching this video and then my neighbor came and we watched it together. He said that this video changed his life and touched his heart. we took a projector in a big field and all my friends watched it and it changed their lives too. we all are so grateful. Thank you!
in what way did it do that? Im genuinely intrigued by your comment and hoping that you can elaborate on it if you could.
@@kristoskalemanis joke
@@kristoskalemanis it's a joke brother
Great content🔥
Awesome video dude!
I want this kind of a comeback...
Wow, that's a $600,000,000 pizza that man ate right there
I bet he doesn't sleep well at night.
Such an inspiring story
Well documented, fan of your creation ❤️❤️
Literally last night searched for a story about these guys on KZhead and put a couple of videos on my playlist I guess this one is my number one to watch now 💪🏻
twins are doing the right thing playing by the rules
Bro your the bomb, love your videos
oooooo excited to watch this documentary 🍿🍿🍿
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
Thats the best time to buy.. the only issue is the markets may not always bounce back.. but these idiots are taking it for a full crash. It wont happen until closer to 2030 but until then we’re about to be in the hyperhyperinflation. Its gonna pop eventually
I'm a developer, and the type of apps I create is for employees to capture sales and inventories. Later, you can generate summaries to manage a business, make real-time decisions, all from their phones, without the need to purchase equipment as employees can use their own phones and I am going to give away the development of an app to the first person who manages to contact me
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How? I'm new to cryptocurrency thing could you kindly walk me through how you do you mine crypto ??
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Amazing video! is the voice computerized?
amazing storytelling and motion graphics. very appealing video
They took an asset (Facebook shares) instead of cash. Then changed it for a harder asset (Bitcoin). Learn from the rich. Cash is a hot potato. Trade it quickly for something of long-term value.
FTX is regulated!? AHAHAHHAHA this aged like milk