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Gemini founder believes that fiat money is planetary and Bitcoin is interstellar

Photo by Noam Galai/Getty Images for TechCrunch

Cameron Winklevoss, Bitcoin investor and Founder of Gemini cryptocurrency exchange, recently gave a shoutout to the leading cryptocurrency Bitcoin on Twitter.

Winklevoss believes that “Fiat money is planetary. #Bitcoin is interstellar. It’s not rooted in a physical jurisdiction or government but rather transcends all.”

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Cameron isn’t the only one who supports Bitcoin over fiat money, Apple co-founder Steve Wozniak recently renewed his support for Bitcoin, describing it as a mathematical phenomenon. Although, Apple’s co-founder admitted that he does not invest in bitcoin personally. He, on the other hand, feels that the asset’s fiat currency worth and impact will rise in the future.

Billionaire businessman Ricardo Salinas Pliego, who heads one of Mexico’s largest conglomerates also labeled government-backed paper money, or fiat, a fraud and urged that every investor buy bitcoin instead.

Related: Square reveals plan to make Bitcoin hardware wallet to increase mainstream adoption

Tyler and Cameron Winklevoss who are best known as the twins who sued Mark Zuckerberg for allegedly stealing their idea for Facebook, recently bought $4 million in carbon offsets and pledged to continue to purchase more until bitcoin runs fully on renewable power.

The carbon offsets are aimed at carbon emissions caused by Gemini’s wallet technology, which stores cryptocurrency in either short-term “hot” or long-term “cold” storage. It’s part of the Gemini Green project, which aims to incorporate environmentally friendly methods into the exchange’s operations.

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