After Tesla: Who’s Buying Bitcoin Next? Tim Draper Says It’s Netflix

After Tesla: Who’s Buying Bitcoin Next? Tim Draper Says It’s Netflix
фото показано с : zycrypto.com

2021-3-4 23:01

Billionaire venture capitalist Tim Draper has been involved in the crypto industry for years. He famously bought a batch of bitcoin that was confiscated from Silk Road founder Ross Ulbricht in 2014 for $19 million. The stash of  29,657 bitcoins is now worth around $1.5 billion, making it one of the most profitable private investments in bitcoin from an individual.

BTCUSD Chart By TradingView Draper’s Predictions 

Draper has also been very vocal about his sentiments on the industry as well as his predictions about the future of bitcoin. Back in 2014, he made a bold prediction concerning the future price of bitcoin, claiming that it would go from around $400 to $10,000 in a few years. While his fears were dismissed at the time, his forecast came straight, with bitcoin even surpassing his prediction.

In 2019, he also made predictions about the price of bitcoin in the 2020s.

“I think bitcoin in 2022 or the beginning of 2023 will hit $250,000,” he said at the time. During a recent podcast appearance, he doubled down on his previous statements. According to him, the current currency holdings for fiat currency is at $100 trillion while bitcoin’s is $1 trillion. From his perspective, there is no reason why bitcoin holdings cannot increase a hundredfold.

He does not, however, see bitcoin fully replacing fiat money but will play a prominent role in the future. Draper was also quizzed on the top firms that have recently made the leap to invest in bitcoin such as Tesla. 

There is a lot of speculation within the industry surrounding which firms will buy into bitcoin next. Draper predicts that pension funds, along with Fortune 500 companies will be ensuing.

“If I’m the CFO of one of those big organizations, I am saying ‘we have to own X percent in bitcoin because it’s a hedge against another currency becoming the currency of the future, and it’s also a hedge against inflation,” Draper says.

He also singled out Netflix as an upcoming investor in bitcoin. He noted that Reed Hastings, the CEO of the movie streaming giant, is an innovative person and this might lead to Netflix making an investment.

He also believes that many big firms like Facebook, Google, and Apple will attempt to create their own in-house tokens instead.

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bitcoin draper tim batch famously bought confiscated

Источник: zycrypto.com

bitcoin draper → Результатов: 126


Фото:

Tim Draper: Bitcoin Presents Enticing Proposition for Investors Bored with Over-regulated Public Market

Billionaire venture capitalist Tim Draper says lack of “exciting” volatility in the initial public offering (IPO) market could see an influx of investors to bitcoin (BTC) and other cryptocurrencies. Speaking to CNBC, Draper also echoed the familiar sentiment of cryptocurrency and blockchain technology being akin to the early days of the Internet era.

2019-5-24 15:00


Bitcoin [BTC] value has actually improved since JPM coin because of its decentralized nature, claims Tim Draper

Tim Draper, Venture Capitalist and Bitcoin Bull, recently claimed that Bitcoin [BTC] had the potential to majorly transform how the world operates and not just the financial ecosystem. In a recent episode of The Crypto Chick with Rachel Wolfson, Draper said that the importance of Bitcoin [BTC] as a medium of currency would not be […] The post Bitcoin [BTC] value has actually improved since JPM coin because of its decentralized nature, claims Tim Draper appeared first on AMBCrypto.

2019-4-19 01:00


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Theranos Documentary Introduces World to Tim Draper’s Bitcoin Tie

The new Theranos documentary saw billionaire venture capitalist Tim Draper become the latest Bitcoin figure to take the cryptocurrency to mainstream consumer culture – accidentally. A Different Type Of Bitcoin Pump Draper, who is known within the cryptocurrency industry as an advocate of both Bitcoin and his major investment project Tezos, appeared in an HBO documentary about failed Silicon Valley startup Theranos wearing a Bitcoin tie.

2019-3-20 16:00


Starbucks Will Laugh if You Still Use Cash in 3 Years: Bitcoin Bull Draper

Bitcoin bull Tim Draper has predicted that by 2022, coffee lovers will be routinely buying their fix at Starbucks using bitcoin and other crypto assets. Draper: Bitcoin Will Dominate Starbucks Transactions In a podcast interview with NBC Bay Area, Draper said that the cryptocurrency is on the verge of making the US dollar redundant: “I think when you go to Starbucks to buy a cup of coffee, and you try to pay with dollars, they will laugh at you because you are not using bitcoin or other cryptocurrency.

2019-3-9 17:52


Фото:

The Day Is Coming When Businesses Will Laugh at You If You Don’t Use Bitcoin: Tim Draper

One of the most vocal Bitcoin evangelists out there, Tim Draper is never shy of making bold predictions about the future of digital assets. Sure, not all of his recent predictions have hit the bull’s eye, but let’s not forget that he was one of the few industry heavyweights who could see Bitcoin hitting $10k […] The Day Is Coming When Businesses Will Laugh at You If You Don’t Use Bitcoin: Tim Draper was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com.

2019-3-8 16:59


Фото:

Тим Дрейпер: bitcoin достигнет $250 тысяч

Один из пионеров венчурного бизнеса США, основатель компании Draper Fisher Jurvetson (DJF) Тим Дрейпер (Tim Draper) считает, что bitcoin через четыре года будет стоить $250 тысяч за монету. Такое мнение миллиардер высказал изданию TheStreet.

2018-6-14 16:52


Billionaire Bitcoin bull Tim Draper is Still buying more during bear run

Tim Draper is a billionaire investor.  He was an early investor in Hotmail, Skype, and Tesla and is credited with inventing viral marketing.  Tim Draper also buys the dips. A lot of attention was brought to the world of cryptocurrency when Draper purchased thousands of Bitcoins that were seized from the infamous dark web marketplace […] The post Billionaire Bitcoin bull Tim Draper is Still buying more during bear run appeared first on ZyCrypto.

2018-6-14 19:58


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