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

2019-4-19 01:00

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 diminished in the forthcoming period. He explained that Bitcoin [BTC] had transcended the concept of decentralization and enabled the mass to think in a decentralized manner rather than backing a “political currency which is tied to a bureaucracy.”

During the interview, Tim Draper was asked to comment on the current market scenario of Bitcoin and where it was headed in terms of valuation. He explained that new technologies usually undergo a period of hype where people give attention to a new and intriguing trend.

He stated,

“The excitement will never be that hiked as it was the first time around but the value would grow sustainably over a long period.”

He believed that the recent hike had occurred in discreet movements and the trade volume was still not significant enough. He also said that the use of open node and Lightning Network might have solved a lot of people’s problems in terms of scalability.

Additionally, Tim Draper indicated that JP Morgan’s introduction of the JPM coin actually helped Bitcoin’s case in terms of popularity. He said that people were smart enough to understand the value of Bitcoin now and that it had more value than JPM coin which was centralized in nature.

Tim Draper stood by his prediction he had made earlier that Bitcoin [BTC] would hit $250,000 valuation by the year 2022 or 2023.

He mentioned,

“There is no question in my mind that Bitcoin would have a 5 percent market share which is all it requires in order to hit $250,000. There is $90 trillion dollars worth currency in the world. The number would probably increase because of crypto and as people evolve and see the opportunity and security behind cryptocurrency, they would start bringing it into their lives.”

The post Bitcoin [BTC] value has actually improved since JPM coin because of its decentralized nature, claims Tim Draper appeared first on AMBCrypto.

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bitcoin draper btc tim nature claims decentralized

Источник: ambcrypto.com

bitcoin draper → Результатов: 87


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


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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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