• Written by: Abdulkarim Abdulwahab
  • Wed, 26 Jul 2023
  •   United States

Renowned billionaire investor Tim Draper expresses his optimism for the decade of Bitcoin, envisioning its rise above fiat currencies. American venture capital investor Tim Draper has again conveyed his profound enthusiasm for the ongoing decade in light of Bitcoin’s (BTC) arrival. He believes this to be one of the most exhilarating periods in our lifetime, given the […] The post Tim Draper: This Decade Will Redefine Currency and Commerce Thanks to Bitcoin first appeared on The Crypto Basic.

Tim Draper: This Decade Will Redefine Currency and Commerce Thanks to Bitcoin

Renowned billionaire investor Tim Draper expresses his optimism for the decade of Bitcoin, envisioning its rise above fiat currencies.

American venture capital investor  Tim Draper  has again conveyed his profound enthusiasm for the ongoing decade in light of Bitcoin’s (BTC) arrival. He believes this to be one of the most exhilarating periods in our lifetime, given the advent of Bitcoin, revolutionizing the fabric of currency and commerce.

Bitcoin Magazine recently quoted Draper as saying in an interview with FOX News:

“We’re going through one of the most exciting decades I think we’ll ever see in our lifetimes because we have Bitcoin transforming the way currency and commerce is done.”

Bitcoin Will Rise Above Fiat

Furthermore, Draper  foresees  Bitcoin rising above fiat currencies. He argued that Bitcoin offers a better and safer technology for monetary exchange that no  central authority or government  can interfere with.

Through the years, Draper has been one of the leading proponents of Bitcoin in the United States. He once  projected  that Bitcoin would trade at a staggering $250k by 2023. The venture capitalist had theorized that by 2023 people would have realized there is a better alternative to fiat, with 

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