--- title: "Meaning & Key Takeaway of: Bitcoins are like gold bars with wings…" description: "\"Bitcoins are like gold bars with wings. That is why I, and so many others, view bitcoin and its network as gold 2.0.\" — Tyler Winklevoss" image: "https://sms4smile.com/quotes/i/753/tyler-winklevoss-13438_bitcoin_bitcoins-are-like-gold-bars-with-wings-t_2290559.jpg" --- # Bitcoins are like gold bars with wings. That is why I, and… ![“Bitcoins are like gold bars with wings. That is why I, and so many others, view bitcoin and its network as gold 2.0.” quote by Tyler Winklevoss](https://sms4smile.com/quotes/i/753/tyler-winklevoss-13438_bitcoin_bitcoins-are-like-gold-bars-with-wings-t_2290559.jpg) [Download](https://sms4smile.com/quotes/i/753/tyler-winklevoss-13438_bitcoin_bitcoins-are-like-gold-bars-with-wings-t_2290559.jpg) [Open image](https://sms4smile.com/quotes/i/753/tyler-winklevoss-13438_bitcoin_bitcoins-are-like-gold-bars-with-wings-t_2290559.jpg) > “Bitcoins are like gold bars with wings. That is why I, and so many others, view bitcoin and its network as gold 2.0.” [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Bitcoin functions as a digital asset that combines the scarcity of gold with the speed and flexibility of modern technology. **In simple terms:** Bitcoin is digital gold with added mobility. Key Takeaway Consider Bitcoin as a hedge against inflation and a portable store of value. Themes finance technology investment Mood analytical optimistic Type financial technological When to use this quote - portfolio diversification - inflation protection - cross‑border payments - wealth preservation Key Concepts cryptocurrency digital scarcity Questions to Reflect On - Is Bitcoin a reliable long‑term investment? - How does it compare to traditional gold? A Different Perspective Volatility can undermine its role as a stable store of value. ★ ★ ★ ★ ★ No ratings yet [Bitcoin](https://sms4smile.com/quotes/about/bitcoin/) [Gold](https://sms4smile.com/quotes/about/gold/) ## Related quotes > [I view Bitcoin as the more democratic version of money and value transfer because no one controls it... I expect the Internet to be…](https://sms4smile.com/quotes/olaf-carlson-wee/i-view-bitcoin-as-the-more-democratic-version-of-money-and-value/) [Olaf Carlson-Wee](https://sms4smile.com/quotes/author/olaf-carlson-wee/) > [Within the coming years, disrupting the Bitcoin network will become increasingly more difficult as Bitcoin wallet software and the protocol become more mature and…](https://sms4smile.com/quotes/brian-armstrong/within-the-coming-years-disrupting-the-bitcoin-network-will-become/) [Brian Armstrong](https://sms4smile.com/quotes/author/brian-armstrong/) > [Bitcoin is a currency, bitcoin is a network, bitcoin is a technology and you can't separate these things. A consensus network that bases its…](https://sms4smile.com/quotes/andreas-antonopoulos/bitcoin-is-a-currency-bitcoin-is-a-network-bitcoin-is-a-technology/) [Andreas Antonopoulos](https://sms4smile.com/quotes/author/andreas-antonopoulos/) > [The bitcoin network is not a payments network and it is not a scaling network.](https://sms4smile.com/quotes/sam-bankman-fried/the-bitcoin-network-is-not-a-payments-network-and-it-is-not-a-scaling/) [Sam Bankman-Fried](https://sms4smile.com/quotes/author/sam-bankman-fried/) > [I think there's a need for services that will make it easier for Chinese consumers to spend globally. The Bitcoin network could be an…](https://sms4smile.com/quotes/jeremy-allaire/i-think-there-s-a-need-for-services-that-will-make-it-easier-for/) [Jeremy Allaire](https://sms4smile.com/quotes/author/jeremy-allaire/) > [When the actual Bitcoin network launched in 2009, no one knew about it, and many of those who did thought it would surely fail.…](https://sms4smile.com/quotes/fred-ehrsam/when-the-actual-bitcoin-network-launched-in-2009-no-one-knew-about-it/) [Fred Ehrsam](https://sms4smile.com/quotes/author/fred-ehrsam/) > [If you like gold, there are many reasons you should like Bitcoin.](https://sms4smile.com/quotes/cameron-winklevoss/if-you-like-gold-there-are-many-reasons-you-should-like-bitcoin/) [Cameron Winklevoss](https://sms4smile.com/quotes/author/cameron-winklevoss/) > [“Bitcoin or other digital currency isn’t saved in a file somewhere; it’s represented by transactions recorded in a blockchain—kind of like a global spreadsheet…](https://sms4smile.com/quotes/don-tapscott/bitcoin-or-other-digital-currency-isn-t-saved-in-a-file-somewhere-it/) [Don Tapscott](https://sms4smile.com/quotes/author/don-tapscott/) > [“the bitcoin network. Bitcoin users communicate with each other using the bitcoin protocol primarily via the internet, although other transport networks can also be…](https://sms4smile.com/quotes/andreas-m-antonopoulos/the-bitcoin-network-bitcoin-users-communicate-with-each-other-using/) [Andreas M. Antonopoulos](https://sms4smile.com/quotes/author/andreas-m-antonopoulos/) > [“The Bitcoin network estimates that after 6 blocks are added on top of a block, it is impossible to change any transactions in that…](https://sms4smile.com/quotes/mark-gates/the-bitcoin-network-estimates-that-after-6-blocks-are-added-on-top-of/) Mark Gates > [We see bitcoin as potentially the greatest social network of all.](https://sms4smile.com/quotes/tyler-winklevoss/we-see-bitcoin-as-potentially-the-greatest-social-network-of-all/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [Our basic thesis for bitcoin is that it is better than gold.](https://sms4smile.com/quotes/tyler-winklevoss/our-basic-thesis-for-bitcoin-is-that-it-is-better-than-gold/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [You'll be using digital currency. I think really what will happen is you'll use a combination of bitcoin, ether, your devices, the 'Internet of…](https://sms4smile.com/quotes/tyler-winklevoss/you-ll-be-using-digital-currency-i-think-really-what-will-happen-is/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [Calling bitcoin volatile - it's a non-statement. Unregulated assets with unclear regulatory landscapes are always going to be volatile. That's what unregulated assets do.](https://sms4smile.com/quotes/tyler-winklevoss/calling-bitcoin-volatile-it-s-a-non-statement-unregulated-assets-with/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [If Bitcoin is a better gold or seen as a type of gold-like asset, then it could be in the trillions on a market…](https://sms4smile.com/quotes/tyler-winklevoss/if-bitcoin-is-a-better-gold-or-seen-as-a-type-of-gold-like-asset-then/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) ## More by Tyler Winklevoss > [Everybody has a good idea, but nothing goes as planned.](https://sms4smile.com/quotes/tyler-winklevoss/everybody-has-a-good-idea-but-nothing-goes-as-planned/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [Calling bitcoin volatile - it's a non-statement. Unregulated assets with unclear regulatory landscapes are always going to be volatile. That's what unregulated assets do.](https://sms4smile.com/quotes/tyler-winklevoss/calling-bitcoin-volatile-it-s-a-non-statement-unregulated-assets-with/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [There's a difference between being a fundamentalist and being al-Qaeda and being Muslim. It's absurd to think otherwise.](https://sms4smile.com/quotes/tyler-winklevoss/there-s-a-difference-between-being-a-fundamentalist-and-being-al/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [On one of our very first days when we tried rowing, our coach, James Mangan, showed us a video of the Boat Race. That…](https://sms4smile.com/quotes/tyler-winklevoss/on-one-of-our-very-first-days-when-we-tried-rowing-our-coach-james/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [We see bitcoin as potentially the greatest social network of all.](https://sms4smile.com/quotes/tyler-winklevoss/we-see-bitcoin-as-potentially-the-greatest-social-network-of-all/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [Judging a child taking his first steps for not being able to run a marathon is shortsighted.](https://sms4smile.com/quotes/tyler-winklevoss/judging-a-child-taking-his-first-steps-for-not-being-able-to-run-a/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [We were there at the beginning of the web 2.0.](https://sms4smile.com/quotes/tyler-winklevoss/we-were-there-at-the-beginning-of-the-web-2-0/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [We've weathered a few storms before, like when social networking was considered a fad. I think that we have a track record of being…](https://sms4smile.com/quotes/tyler-winklevoss/we-ve-weathered-a-few-storms-before-like-when-social-networking-was/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [Our business isn't to be famous: that's not what we do; that's not what we strive for.](https://sms4smile.com/quotes/tyler-winklevoss/our-business-isn-t-to-be-famous-that-s-not-what-we-do-that-s-not-what/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [The attraction to me was that Harvard was such a big community, with interesting things to do and interesting people, but you realise when…](https://sms4smile.com/quotes/tyler-winklevoss/the-attraction-to-me-was-that-harvard-was-such-a-big-community-with/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [We are pretty firm believers in the fact that you make your own fate, with or without the Facebook ordeal.](https://sms4smile.com/quotes/tyler-winklevoss/we-are-pretty-firm-believers-in-the-fact-that-you-make-your-own-fate/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [I think fiat currencies will become digital.](https://sms4smile.com/quotes/tyler-winklevoss/i-think-fiat-currencies-will-become-digital/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [I've been a huge fan of Mike Judge for a long time.](https://sms4smile.com/quotes/tyler-winklevoss/i-ve-been-a-huge-fan-of-mike-judge-for-a-long-time/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [If Bitcoin is a better gold or seen as a type of gold-like asset, then it could be in the trillions on a market…](https://sms4smile.com/quotes/tyler-winklevoss/if-bitcoin-is-a-better-gold-or-seen-as-a-type-of-gold-like-asset-then/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [For me, becoming the best you can be in something that you love, like rowing, is incredibly challenging, and what you learn about yourself,…](https://sms4smile.com/quotes/tyler-winklevoss/for-me-becoming-the-best-you-can-be-in-something-that-you-love-like/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) [Explore all 50 Tyler Winklevoss quotes ](https://sms4smile.com/quotes/author/tyler-winklevoss/) ## More Bitcoin quotes > [The bitcoin network is not a payments network and it is not a scaling network.](https://sms4smile.com/quotes/sam-bankman-fried/the-bitcoin-network-is-not-a-payments-network-and-it-is-not-a-scaling/) [Sam Bankman-Fried](https://sms4smile.com/quotes/author/sam-bankman-fried/) > [I had been exposed to bitcoin early. I thought the consumer application of it felt, to me, further away. I thought there would be…](https://sms4smile.com/quotes/brad-garlinghouse/i-had-been-exposed-to-bitcoin-early-i-thought-the-consumer/) [Brad Garlinghouse](https://sms4smile.com/quotes/author/brad-garlinghouse/) > [In 2008, Bitcoin was mysteriously introduced to the world in an obscure, technical paper written under the pseudonym Satoshi Nakamoto. By late 2013, the…](https://sms4smile.com/quotes/steve-hanke/in-2008-bitcoin-was-mysteriously-introduced-to-the-world-in-an/) [Steve Hanke](https://sms4smile.com/quotes/author/steve-hanke/) > [We need to come up with use cases for this technology that drive clear benefits for individuals and institutions - these are our customers.…](https://sms4smile.com/quotes/abigail-johnson/we-need-to-come-up-with-use-cases-for-this-technology-that-drive/) [Abigail Johnson](https://sms4smile.com/quotes/author/abigail-johnson/) > [Sir Richard Branson started out as a small business owner and now owns a conglomerate that will give you a ride to the moon.…](https://sms4smile.com/quotes/perianne-boring/sir-richard-branson-started-out-as-a-small-business-owner-and-now/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [Exchanging bitcoin on behalf of ransomware victims should not be construed as criminal activity by the exchanger, not as a matter of law nor…](https://sms4smile.com/quotes/perianne-boring/exchanging-bitcoin-on-behalf-of-ransomware-victims-should-not-be/) [Perianne Boring](https://sms4smile.com/quotes/author/perianne-boring/) > [Until part of your paycheck is regularly paid in Bitcoin, I'm not sure how it would really go mainstream. I can imagine places in…](https://sms4smile.com/quotes/gavin-andresen/until-part-of-your-paycheck-is-regularly-paid-in-bitcoin-i-m-not-sure/) [Gavin Andresen](https://sms4smile.com/quotes/author/gavin-andresen/) > [Calling bitcoin volatile - it's a non-statement. Unregulated assets with unclear regulatory landscapes are always going to be volatile. That's what unregulated assets do.](https://sms4smile.com/quotes/tyler-winklevoss/calling-bitcoin-volatile-it-s-a-non-statement-unregulated-assets-with/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [We see bitcoin as potentially the greatest social network of all.](https://sms4smile.com/quotes/tyler-winklevoss/we-see-bitcoin-as-potentially-the-greatest-social-network-of-all/) [Tyler Winklevoss](https://sms4smile.com/quotes/author/tyler-winklevoss/) > [As the platform and protocol become more ingrained in society, get built into products and services, and basically become more of the mesh of…](https://sms4smile.com/quotes/barry-silbert/as-the-platform-and-protocol-become-more-ingrained-in-society-get/) [Barry Silbert](https://sms4smile.com/quotes/author/barry-silbert/) > [Bitcoin is not “unregulated”. It is regulated by algorithm instead of being regulated by government bureaucracies. Un-corrupted.](https://sms4smile.com/quotes/andreas-antonopoulos/bitcoin-is-not-unregulated-it-is-regulated-by-algorithm-instead-of/) [Andreas Antonopoulos](https://sms4smile.com/quotes/author/andreas-antonopoulos/) > [The rudest possible gift is a gift card. It means you think the person is stupid and has no interests. The only good gift…](https://sms4smile.com/quotes/john-waters/the-rudest-possible-gift-is-a-gift-card-it-means-you-think-the-person/) [John Waters](https://sms4smile.com/quotes/author/john-waters/) > [If the U.S. government tries to restrict or clamp down, that just means there will be many more bitcoin businesses in Hong Kong and…](https://sms4smile.com/quotes/roger-ver/if-the-u-s-government-tries-to-restrict-or-clamp-down-that-just-means/) [Roger Ver](https://sms4smile.com/quotes/author/roger-ver/) > [What bitcoin does better than the current financial system is it's a better stored value globally. There are a lot of countries that really…](https://sms4smile.com/quotes/adam-draper/what-bitcoin-does-better-than-the-current-financial-system-is-it-s-a/) [Adam Draper](https://sms4smile.com/quotes/author/adam-draper/) > [You really want some natural way for people to get Bitcoins, as part of their paycheck or some other activity so they can turn…](https://sms4smile.com/quotes/gavin-andresen/you-really-want-some-natural-way-for-people-to-get-bitcoins-as-part/) [Gavin Andresen](https://sms4smile.com/quotes/author/gavin-andresen/) [Browse all 364 Bitcoin quotes ](https://sms4smile.com/quotes/about/bitcoin/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Bitcoins are like gold bars with wings. 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