TechFlow News — On September 17, according to Coindesk, Howard Winklevoss, father of Gemini exchange founders the Winklevoss twins, donated $4 million worth of bitcoin to his alma mater, Grove City College. This marks the college’s first acceptance of a bitcoin donation, with funds designated for launching new business programs. Howard was exposed to the Austrian School of Economics during his studies at the school in the 1960s—a theory that profoundly influenced Bitcoin’s creator, Satoshi Nakamoto.
Howard said he first invested in bitcoin in 2013, describing it as "a non-government-issued, fixed-supply digital currency—sound money that operates like email." He studied under free-market economist Hans Sennholz at Grove City College, who had been a student of Ludwig von Mises. "Connecting the ideas of this economic school with Satoshi Nakamoto’s invention was an epiphany for me," Howard said.
Tyler Winklevoss recalled that although he and his brother introduced bitcoin to their father in 2012, in a way, it was their father’s influence that sparked their own interest. "The principles of sound money and the Austrian School that our father encountered in the 1960s were frequently discussed throughout our upbringing. That background helped us understand bitcoin’s significance and value when we discovered it," he explained.
