Tim Draper Calls Not Owning Bitcoin ‘Irresponsible,’ Warns of Dollar Shift
By Kevin Helms
Tim Draper warned that businesses could eventually reject dollars in favor of bitcoin, triggering bank runs as demand for fiat currencies erodes. His comments echoed the adoption argument behind his longstanding $250,000 bitcoin forecast. Draper Predicts a Shift From Dollars to Bitcoin Individuals and companies…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
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