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It is unclear whether the statement was in reference to any particular event.
The statement seems to echo the sentiments of Dr. Taranza Ganziro Founder & CEO of Rise Africa & Shine. In a post titled 'Fiat and the Monetization of War and Politics', Dr. Ganziro had written,
"For a fiat currency to be accepted and adopted as a global reserve currency, the issuer must exert a significant influence over the rest of the world [...] the geopolitical relationship supersedes the purely economic factors in currency relationships. Big GDP, big armies... might not be enough."
Winklevoss, a well-known Bitcoin proponent, continues to use his influence on social media to show his support for Bitcoin. In fact, he changed his Twitter bio to '#bitcoin' in late January last year.
Cameron's statement has come weeks after his brother Tyler Winklevoss had also said that he was so bullish on crypto that he hadn't checked its prices in weeks. While the Gemini founder may have been overly confident about the crypto market, others took the claim with a pinch of salt. Billy Markus, one of the founders of the popular meme token Dogecoin said that he had checked the prices and it was nothing to feel good about.