Tyler and Cameron Winklevoss on Being the 'Fastest Tortoise in the Race' - Ep.103
b'Gemini\'s Tyler and Cameron Winklevoss, who serve as chief executive and president, respectively, discuss their new ad campaign -- what they mean when they say crypto needs rules, why they agree in certain respects with some of their critics, and what the general reaction has been. They discuss why they launched a stablecoin, why they chose the stablecoin structure of dollar reserves and GUSD\'s role in an arbitrage involving a Chinese exchange and a competing stablecoin. They also explain how they intend to make a Bitcoin ETF a reality, what they think of SEC Commissioner Hester Peirce\'s dissent and what they intend for the Virtual Commodity Association. Plus, the brothers talk about why their goal is to be "the fastest tortoise in the race."\\n Thank you to our sponsors!\\n Tokensoft: https://www.tokensoft.io\\n Microsoft: https://twitter.com/MSFTBlockchain\\n CipherTrace: http://ciphertrace.com/unchained\\n Episode links:\\n Gemini\'s new ad campaign: https://www.wsj.com/articles/winklevosses-cryptocurrency-exchange-says-the-revolution-needs-rules-11546599600\\n Negative reaction to Gemini ad campaign from crypto community:\\n Erik Voorhees: https://twitter.com/ErikVoorhees/status/1081204430857416706\\n Gemini USD gets approval of New York Department of Financial Services: https://www.bloomberg.com/news/articles/2018-09-10/controversial-crypto-coin-tether-to-get-regulated-competitors\\n Past episodes with other stablecoin projects:\\n USDC/Circle: https://unchainedpodcast.com/circles-jeremy-allaire-and-sean-neville-on-why-crypto-will-be-bigger-than-the-web-ep-71/\\n TrueUSD: https://unchainedpodcast.com/harbor-and-trusttoken-on-why-they-dont-mind-being-unsexy-ep-77/\\n MakerDAO: https://unchainedpodcast.com/why-its-so-hard-to-keep-stablecoins-stable/\\n https://unchainedpodcast.com/rune-christensen-of-makerdao-on-its-15-million-from-andreessen-horowitz-ep-039/\\n Bloomberg reporter Matt Leising on Tether: https://unchainedpodcast.com/bloombergs-matt-leising-on-why-it-appears-tether-has-sufficient-dollar-reserves-ep-052/\\n Trading of GUSD for Pax and cashing out via Huobi:\\n https://medium.com/paxos/regulation-in-the-crypto-world-part-i-leading-the-way-into-the-light-11e54d16b035\\n https://www.theblockcrypto.com/2019/01/04/gemini-gave-trading-firms-a-stablecoin-discount-and-it-caused-big-headaches-for-one-of-its-rivals/\\n GUSD distribution on Etherscan: https://etherscan.io/token/tokenholderchart/0x056fd409e1d7a124bd7017459dfea2f387b6d5cd\\n Cameron and Tyler\'s AMA on Reddit: https://www.reddit.com/r/IAmA/comments/adk0ua/we_are_cameron_and_tyler_winklevoss_cofounders_of/edhlb3b/\\n SEC commissioner Hester Peirce\'s dissent on Bitcoin ETF decision: https://www.sec.gov/news/public-statement/peirce-dissent-34-83723\\n Bitcoin Cash launch on Gemini: https://medium.com/gemini/bitcoin-cash-is-now-available-on-gemini-cc75299d892f\\n The 51% attack on Ethereum Classic: https://unchainedpodcast.com/the-ethereum-classic-51-attack-how-it-happened-and-why-the-price-didnt-crash-ep-055/\\n Gemini year in review\\n https://medium.com/gemini/geminis-2018-year-in-review-1cd0815dd45e\\n Virtual Commodity Association: https://medium.com/gemini/joining-the-virtual-commodity-association-8bdf3b2f803e\\n Gemini\'s new mobile app:\\n https://medium.com/gemini/introducing-the-gemini-mobile-app-crypto-on-the-go-1448d2ae74fa\\n USD Coin\'s banking partners:\\xa0https://support.usdc.circle.com/hc/en-us/articles/360015278272-Who-are-the-banking-and-financial-partners-you-are-using-for-USDC-\\xa0 \\xa0 TrueUSD\'s trust companies and their correspondent banks:\\xa0https://blog.trusttoken.com/who-are-the-correspondent-banks-and-trustee-partners-for-trueusd-e12508f0d5a2\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'