{"id":40081,"date":"2021-04-03T13:04:12","date_gmt":"2021-04-03T10:04:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40081"},"modified":"2025-08-30T12:30:02","modified_gmt":"2025-08-30T09:30:02","slug":"tyler-winklevoss-bitcoin-has-dodged-the-ban-risk-in-the-united-states","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/tyler-winklevoss-bitcoin-has-dodged-the-ban-risk-in-the-united-states\/","title":{"rendered":"Tyler Winklevoss: Bitcoin has dodged the ban risk in the United States"},"content":{"rendered":"<p>The CEO of the cryptocurrency exchange Gemini, Tyler Winklevoss, argues that the first cryptocurrency has reached too high a level of adoption to be subject to a regulatory ban in the United States.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">WBD329 \u2014 <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a>\u2019s Path to $10 Trillion with <a href=\"https:\/\/twitter.com\/cameron?ref_src=twsrc%5Etfw\">@cameron<\/a> &#038; <a href=\"https:\/\/twitter.com\/tyler?ref_src=twsrc%5Etfw\">@tyler<\/a> Winklevoss. We discuss:<br \/>\u2014 Sponsoring <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> devs<br \/>\u2014 Institutions rushing to buy <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a><br \/>\u2014 When ETF?<br \/>\u2014 Governments banning <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a><a href=\"https:\/\/t.co\/B7RKZUJ4w4\">https:\/\/t.co\/B7RKZUJ4w4<\/a> <a href=\"https:\/\/t.co\/jvirN4hCj1\">pic.twitter.com\/jvirN4hCj1<\/a><\/p>\n<p>\u2014 What Bitcoin Did (@WhatBitcoinDid) <a href=\"https:\/\/twitter.com\/WhatBitcoinDid\/status\/1377991491096825861?ref_src=twsrc%5Etfw\">April 2, 2021<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I think the United States will never declare Bitcoin illegal. There are too many precedents in the courts,&#8221; Winklevoss said.<\/p>\n<\/blockquote>\n<p>According to him, too much would have to be undone. He had entertained the possibility of banning digital gold in 2013, but not today.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We are talking about companies that create jobs, build economies, some of them go public. They will be the engines of the stock market. A ban is unlikely,&#8221; Winklevoss said.<\/p>\n<\/blockquote>\n<p>The head of Gemini added that banning Bitcoin would require imposing significant internet restrictions, which would affect other aspects of the economy.<\/p>\n<p>Earlier, billionaire and founder of Bridgewater Associates Ray Dalio <a href=\"https:\/\/u1f987.com\/en\/news\/billionaire-ray-dalio-sees-potential-ban-on-bitcoin-in-the-united-states\">said there was a high likelihood of a ban<\/a> on the first cryptocurrency in the United States. He drew an analogy with authorities&#8217; decision to confiscate gold from the public during the Great Depression.<\/p>\n<p>As noted, in March the CEO of Cardano&#8217;s parent IOHK, Charles Hoskinson <a href=\"https:\/\/u1f987.com\/en\/news\/charles-hoskinson-the-us-will-not-ban-bitcoin\">strongly rejected the possibility of a ban<\/a> of Bitcoin by U.S. authorities.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our Telegram \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CEO of Gemini cryptocurrency exchange Tyler Winklevoss says Bitcoin has reached too high a level of adoption to fall under a regulatory ban in the United States.<\/p>\n","protected":false},"author":1,"featured_media":40082,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1305,1138,1140],"class_list":["post-40081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-ban","tag-opinions","tag-winklevoss-twins"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=40081"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40081\/revisions"}],"predecessor-version":[{"id":40083,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40081\/revisions\/40083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/40082"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=40081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=40081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=40081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}