TL;DR
- Tyler Winklevoss reaffirms his prediction that Bitcoin will reach $1,000,000 within five years and launches Cypherpunk, a firm focused on digital privacy.
- Cypherpunk has already purchased 203,775 ZEC at $245 each—about 1.25% of Zcash’s total supply—and aims to increase its stake to 5%.
- Winklevoss maintains that privacy is the foundation of freedom and that Bitcoin, with its limited supply and decentralization, will continue to serve as a hedge against inflation and government control.
Tyler Winklevoss has reaffirmed his prediction that Bitcoin will reach $1,000,000 within the next five years while unveiling Cypherpunk, a new company dedicated to privacy and digital sovereignty. The project is backed by over $50 million in initial capital and includes a direct bet on Zcash as a strategic asset.
Tyler Winklevoss, cofounder of Gemini, stated that the market’s leading cryptocurrency will hit $1,000,000 before 2030. He explained that his conviction rests on fundamentals that remain unchanged: a fixed supply, independence from central banks, and the ability to preserve value amid inflation and the global erosion of privacy.
The announcement coincided with the launch of Cypherpunk, a new company backed by Winklevoss Capital and funded with over $50 million. The firm will invest in projects that protect privacy and strengthen individual freedom in the digital era. “Privacy is where true freedom begins,” said Winklevoss, warning that it has become a scarce resource as economic and social activity increasingly shifts online.
Tyler Winklevoss: “If Bitcoin is Digital Gold, Zcash is Digital Cash”
Cypherpunk has already acquired 203,775 ZEC at an average price of $245, equivalent to about 1.25% of Zcash’s total supply. The goal is to raise that share to 5% in the coming months. Tyler believes that Zcash and Bitcoin play complementary roles: the former as private money and the latter as a store of value. “If Bitcoin is digital gold, Zcash is digital cash,” he said.
The future of the industry, he added, will not be defined solely by capital accumulation but also by the defense of user anonymity and autonomy. Charles Guillemet, CTO of Ledger, noted that quantum computers are still far from threatening Bitcoin’s security, easing concerns about its long-term resilience.
With Bitcoin hovering around $104,000, Winklevoss’s projection serves as a reminder of the long-term vision that still guides parts of the crypto market. In his view, Bitcoin’s value is not measured by speculative cycles but by its role as the cornerstone of a sovereign and censorship-resistant digital economy
