American venture capital investor Tim Draper, who continues to believe in Bitcoin despite the difficult 2022 bear market, made new statements.
Speaking on FOX Business's “The Claman Countdown”, Tim Draper is sticking to his $250,000 goal.
“Bitcoin Follows the Way of the Internet!”
Thinking that the future is in Bitcoin, Draper compared BTC to the internet.
“Bitcoin is just a better, safer technology. And I think eventually the rest of the world will agree with me.
I think BTC went through the curve that the internet went through.
At this point, the internet has become a very important part of our world, and I think the same will be true for Bitcoin.”
Continuing his support for Bitcoin, the famous billionaire said that he predicts that Bitcoin will further prove its superiority and security compared to traditional banking systems and state-controlled currencies, and that BTC will surpass fiat currency.
In this context, Draper stated that since BTC is the first and most actively traded cryptocurrency in the market, it can be used in all areas of my life and will be the cryptocurrency that everyone would want to have.
“We are living through one of the most exciting years I think we will see in our lifetimes because Bitcoin is transforming the way currencies are and how they trade.
Also, Bitcoin is accepted all over the world and many merchants accept BTC as a form of payment. Because they don't have to pay banks and credit card manufacturers.”
*Not investment advice.