Mazda3 Posted November 1, 2018 #1 Posted November 1, 2018 Venture investor and Bitcoin-maximalist Tim Draper explained why he is so confident in the successful future of the first cryptocurrency. At the Crypto Invest Summit in Los Angeles, he said that Bitcoin is not political in nature, unlike fiat money controlled by states. It is reported by The Daily Hodl. According to Tim Draper, a global and decentralized currency - Bitcoin will gradually replace the existing $ 86 trillion of “political” money. The investor once again confirmed his crypto prediction that Bitcoin will reach $ 250 thousand by 2022. He suggested that in the future, Bitcoin will hold a strong position in the TOP-5 cryptocurrency rating. Draper also believes that the blockchain and cryptocurrencies will abolish the role of governments in society. “You can replace all the work of the bureaucrat with artificial intelligence, a smart contract and a blockchain,” Tim Draper shared his thoughts about the ideal future. In addition, Draper noted that the US Securities and Exchange Commission (SEC) is being torn apart due to its choice of mechanisms and approaches to regulating the cryptoindustry. Nevertheless, the SEC is aware of the importance of new technologies and the competitiveness of the market, and according to Draper, it is unlikely that this issue will follow in the footsteps of the Chinese regulator. Bitcoin enthusiast believes that to regulate the industry it is enough to write a one-page law, in which only the registration process and the launch of ICO-projects will be prescribed. A source: https://dailyhodl.com/2018/10/28/bitcoin-btc-will-hit-250000-by-2022-can-radically-transform-government-billionaire-venture-capitalist-tim-draper/
EddieFx Posted November 1, 2018 #2 Posted November 1, 2018 So what he’s saying is that ~6500$ today Will be worth 250000$ in 3-4 years?
Mazda3 Posted November 1, 2018 Author #3 Posted November 1, 2018 16 minutes ago, EddieFx said: So what he’s saying is that ~6500$ today Will be worth 250000$ in 3-4 years? If you believe the source, it is exactly that) although I personally do not believe in this
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