Tyler Winklevoss: "The likelihood of a ban on bitcoin in the US is extremely small" – Bits Media

Co-founder of Gemini cryptocurrency exchange and Bitcoin billionaire Tyler Winklevoss (Tyler Winklevoss) considers, that bitcoin is too developed to, to be banned in the USA.

“If there were 2013 year, then such a ban would be likely. But now, I think, authorities The US will never ban the first cryptocurrency. Especially, There are enough precedents in the courts, When Bitcoin was called a product, For example, Coinflip., - said Tyler Vinclvoss during the podcast What Bitcoin DID with Peter McCormak (Peter McCormack).

Gemini co -founder reminded, that many companies work in the cryptocurrency industry, which create jobs, pay taxes and develop the economy. Some even go to the stock exchange, eg, Coinbase plans to become a publicly traded company 14 april. And regulators perfectly understand the benefits of such companies for the economy.

"Think, that the probability of such a ban is close to zero. For the UK and Europe, the probability of a bitcoin ban is also extremely small. Now we are in the process of registering in Singapore and the local regulator is good at cryptocurrencies. All free markets believe in bitcoin and cryptocurrencies, They see new opportunities in them, not a threat ", - concluded Tyler Vinclvoss.

Recall, that earlier the founder of the Head Fund Bridgewater Associates Ray Dalio (Ray Galio) warned, that there is a "good probability" of the ban on bitcoin in the USA. However, Tyler Vinclvoss noted, what to "prohibit" bitcoin is not so simple. This will need to impose large -scale restrictions on the Internet, which will affect other spheres of life.