Winkelvoss Twins Predict The Word 'Cash' Will Fall Out Of Webster's Dictionary By 2025
This excites Cameron Winklevoss not only because he and his brother are betting big on Bitcoin, but because his ass could use a break.
The Winklevoss twins predicted a “cashless society” by 2025 as they continued their push to popularize the troubled virtual currency bitcoin. The square-jawed Harvard grads — most famous for their legal battle with former classmate Mark Zuckerberg over the ownership of Facebook — said bitcoin is destined to wipe out the use of cash, credit cards and other fee-based money-transfer services like PayPal. “Cash is going to be killed,” Tyler Winklevoss told a crowd Monday at SXSW Interactive, the annual tech conference. “It will be nostalgia … You’ll tell your grandkids about the wallet, it was this thing made of leather.” Cameron Winklevoss chimed in, saying he wasn’t even carrying his wallet at the moment. “I didn’t want to sit on it for an hour,” he said. “It would hurt my butt.”