Go to Intelligence page Intelligence
Go to Investing page Investing
Go to Innovations page Innovations
Go to Impact page Impact
Go to Two Takes page Two Takes
Go to Two Takes page
Go to Intelligence page Intelligence
Go to Investing page Investing
Go to Innovations page Innovations
Go to Impact page Impact
Two Takes View TECHi Stance

Winklevoss twins pay Virgin Galactic for a trip to space with Bitcoins

TECHi's Author Sal McCloskey
Opposing Author Entrepreneur Read Source Article
Last Updated Originally published March 7, 2014 · 12:20 AM EST
Entrepreneur
Entrepreneur View all Entrepreneur Two Takes by TECHi Read the original story Published March 7, 2014 Updated March 5, 2014
TECHi's Take
Sal McCloskey
Sal McCloskey
  • Words 86
  • Estimated Read 1 min

If space travel and virtual currency don’t take off, it won’t be because the Winklevoss twins didn’t try. The brothers, known for their legal battle over the creation of Facebook are going to space and paying for it with Bitcoins. Take that, Mark Zuckerberg. The twins bought tickets, valued at $250,000 each, for a ride to space with Virgin Galactic. That’s about 375 Bitcoins, at Wednesday’s price. They think of their purchase “as seed capital” supporting new technologies they have high hopes for.

Entrepreneur

Entrepreneur

  • Words 124
  • Estimated Read 1 min
Read Article

The Winklevoss twins are going to space and it’s no surprise that they paid for their $250,000 Virgin Galactic ticket entirely with Bitcoin, something they’re rumored to have a massive stash of. The adventurous venture capitalist brothers, perhaps best known for their legal wrangle with Mark Zuckerberg over HarvardConnection — um, we mean Facebook — announced today they’re officially scheduled to hitch a suborbital ride aboard British billionaire Richard Branson’s Virgin Galactic SpaceShipTwo. The early Bitcoin backers, who reportedly own about 40,000 bitcoins (a cool $27 million or so in U.S. dollars), could blast off by the end of the year. At least that’s around when Branson says his pioneering private spaceflight company is expected to make its maiden tourist voyage into space.

Source

NOTE: TECHi Two-Takes are the stories we have chosen from the web along with a little bit of our opinion in a paragraph. Please check the original story in the Source Button below.

Balanced Perspective

TECHi weighs both sides before reaching a conclusion.

TECHi’s editorial take above outlines the reasoning that supports this position.

More Two Takes from Entrepreneur

Tesla Hit with $329 Million Jury Verdict in Fatal Autopilot Crash Case
Tesla Hit with $329 Million Jury Verdict in Fatal Autopilot Crash Case
Warisha
Warisha

A recent $329 million judgement against Tesla could define the future of autonomous vehicle technology. A Miami jury also found…

Here Why Meta Earnings Were Better-Than-Expected, According to CEO Mark Zuckerberg
Here Why Meta Earnings Were Better-Than-Expected, According to CEO Mark Zuckerberg
Fatimah Misbah
Fatimah Misbah

Meta's most recent earnings not only indicate a well-managed technology firm, rather they mark a daring vision of giving profits.…

Snapchat’s lackluster ad revenue has investors worried
Snapchat’s lackluster ad revenue has investors worried
Jesseb
Jesseb

Having more than 100 million daily active users was the easy part for Snapchat, now it needs to find out…

Google Play now accepts payments using PayPal in a few countries
Google Play now accepts payments using PayPal in a few countries
Carl
Carl

Google Play is making payments easier and more accessible. They are now offering PayPal purchases in twelve countries, including the…