Winklevoss suggests crypto pay-per-email system: mixed reactions on Twitter

13 May, 2019
by Alberto Arnaldo
Opinion
Winklevoss suggests crypto pay-per-email system: mixed reactions on Twitter

Tyler Winklevoss, the co-founder and CEO of Gemini exchange and early Facebook investor (or more than that, according to some versions of the story) has just shared his latest crypto-related business idea, which is not catching up as well as previous suggestions.

The Winklevoss appears to have an eye for making money out of simple things. If the twins’ involvement with a campus startup ended up with Facebook leading social media and their early participation in Bitcoin has them now running their own crypto exchange, now it appears that Tyler wants to monetize email exchanges.

The time and availability of receivers could be rewarded by prices which, as it could not be in any other way when it comes to the Winklevoss, would be set by pure market logic. Therefore, from the example set forward by Tyler it appears as if he would be glad to pay an exorbitant price to get a highlighted businessman such as Elon Musk to read his ideas.

The sort of “digital postage fee” suggested by the Gemini exchange CEO has garnered some responses, with a rather mixed feedback. It would appear as if a large share of the responses disagreed with the ethical grounds of the proposal, a fair point considering that it would set a leash on self regulating mechanisms of human societies such as social mobility: the movement of people, families or individuals up or down in a society.

A commentor even made a reference to another company which is already offering the service that Tyler was suggesting:

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