Bitcoin 

Bitcoin Ban Means India Will Get More Corrupt Under Modi — Tim Draper

India is leaving itself vulnerable to corruption by attempting to ban cryptocurrencies such as Bitcoin (BTC), says Tim Draper.  Speaking to California-based media outlet Indica on Oct. 31, the pro-Bitcoin VC investor called on prime minister Narendra Modi to rethink the current hostile environment towards crypto.  Draper to Modi: don’t “go back to old ways” India banned banks servicing industry businesses in 2018, with government think tanks now recommending a full crackdown on ownership and use. A court battle to decide the final outcome saw its latest delay last month. …

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Bitcoin 

Bitcoin Will End the Reign of ‘Dictators and Toll Trolls,’ Says Tim Draper

Billionaire investor Tim Draper has stated that he expects Bitcoin (BTC) — combined with other technologies — to change how governments operate worldwide. In a Medium post published on Oct. 10, Draper calls Bitcoin “the startup currency” and praises its decentralization and borderless nature, saying he believes that BTC will bring the world together: “With Bitcoin, and the decentralization that comes with Bitcoin, geographic borders have become less relevant. No longer are we at the mercy of dictators and toll trolls to grow the world economy. […] In the long-term…

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Ethereum 

Tim Draper Bets on New .Crypto Domain to Replace Wallet Addresses

Tim Draper-backed Unstoppable Domains has launched its new .crypto domain registry on the Ethereum blockchain. The registry allows users to connect any cryptocurrency address to their domain, enabling payments to be made using just the domain name, according to a press release published on Oct. 11. Alleviating the need for length wallet addresses To make a payment, one only needs to know the blockchain domain. This alleviates the need for copying and pasting unwieldy cryptocurrency wallet addresses. Unstoppable Domains believes that this simplifying of cryptocurrency payments will lead to more…

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Bitcoin 

$250K Bitcoin Price Prediction Is Now ‘Conservative,’ Says Tim Draper

Major Bitcoin (BTC) bull Tim Draper now thinks that his own prediction that BTC price will hit $250,000 by 2022 may be understating the power of Bitcoin. BTC price to grow with adoption In an interview with crypto news network Blocktv on Sept. 13, the famous American venture capital investor has once again expressed his bullish stance to Bitcoin, forecasting the soon-to-come mass global adoption that will push the price of Bitcoin higher and higher. Draper stated in the interview: “$250,000 means that Bitcoin would then have about a 5%…

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Bitcoin 

Bitcoin Price Will Hit $250K by Q1 2023 Despite Consolidation, Says Tim Draper

Bitcoin (BTC) price will still hit $250,000 but its status as a safe haven asset could see investors waiting a little longer than planned, serial VC investor Tim Draper says. “People have consolidated towards Bitcoin” Speaking in an interview with Yahoo! Finance on Aug. 9, the notoriously bullish Draper doubled down on his prediction that Bitcoin will hit $250,000 by 2023. Due to current trends, however, there might be a slight delay to the giant price tag becoming reality. “It’s consolidated more than I thought it would,” he told the…

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Ethereum 

Crypto and FB’s Libra Are Bridges to a Bitcoin World, Says Tim Draper

Bitcoin (BTC) will be the ultimate benefactor from interest in Facebook Libra and cryptocurrencies, billionaire Tim Draper has said.  Bridges to a ‘Bitcoin environment’ Speaking to CNBC in an interview on July 19, Draper, who is well known as a Bitcoin advocate, defended both Libra and Bitcoin against recent pressure from governments, particularly in the United States.  Asked whether the world was now in a post-Bitcoin environment, he argued that Bitcoin represented the true innovation from the cryptocurrency world, and would ultimately be the tool that reshaped borders, finance and…

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Ethereum 

‘Pathetic and Corrupt’ — Tim Draper Slams Proposed Bitcoin Ban in India

Bitcoin (BTC) proponent and Tezos investor Tim Draper hit out at the Indian government on Twitter July 16 after alleged evidence appeared it was preparing to ban cryptocurrency.  Draper Appears To Mistake Draft Law For Genuine Ban In a strongly-worded message, Draper, who recently took Bitcoin advocacy to Argentina’s government, called Delhi “pathetic and corrupt.” “People behaving badly! India’s government banned Bitcoin, a currency providing great hope for prosperity in a country that desperately needs it. Shame on India leadership,” he wrote.  The comments attracted immediate pushback from Twitter users,…

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Bitcoin 

Tim Draper Envisages Bitcoin at $250,000 Taking 5% of Global Market Share by 2023

Bitcoin (BTC) will have a 5% market share of the entire world by 2023, serial VC investor Tim Draper told FOX Business in an interview on May 10. Speaking on the sidelines of the Salt Conference in Las Vegas, Draper — who has become a stalwart bitcoin advocate — said the largest cryptocurrency would continue to gain dramatically in price. “It’s going to keep going because, I’m a believer than in four years, something like that, bitcoin will be about a 5% market share of the Earth,” he told the…

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Bitcoin 

Tim Draper Urges Argentina’s President to Legalize Bitcoin to Improve Economy

Crypto bull Tim Draper has given advice to the president of Argentina to legalize Bitcoin (BTC) in order to improve the economic situation in the country, Cointelegraph en Español reports March 22. The American venture capital investor reportedly met with Argentina’s president Mauricio Macri on March 20 to discuss the economic prospects of the Latin American country. During the meeting, Draper spoke about the potential of emerging technologies such as blockchain and crypto for improving major problems in Argentina’s economy, including the devaluation of the Argentine peso (ARS), as well…

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Blockchain 

Tim Draper Predicts Crypto Will Rule, Only Criminals Will Use Cash in Five Years

Billionaire investor and known Bitcoin (BTC) bull Tim Draper argued that in five years, only criminals will use fiat as crypto becomes universally widespread. Draper made his claims in an interview with American financial news tv channel Fox Business released on Feb. 18. Reiterating his previous statements predicting that fiat money will become laughable and obsolete in five years, Draper has elaborated on his forecast, stating that nobody but criminals will keep using cash, since criminals who use crypto can be tracked via blockchain. He said: “The criminals will still…

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