🪙 Cryptocurrency 1d ago · Kevin Helms

Tim Draper Calls Not Owning Bitcoin ‘Irresponsible,’ Warns of Dollar Shift

Bitcoin.com News
View Channel →
Tim Draper Calls Not Owning Bitcoin ‘Irresponsible,’ Warns of Dollar Shift
Source ↗ 👁 0 💬 0
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 holding traditional currencies risk falling behind if commerce shifts toward […]

Comments (0)

Sign in to join the discussion

More Like This

London Metal Exchange Tokenizes Reserves to Unlock New Financing
Bitcoin News · 1d ago
Binance Releases First $6.3B Hack Findings, Reports No Key Leak Evidence
Bitcoin News · 1d ago
Bitcoin to $1.6 Million: Bitwise Raises Its Long-Term Price Target
Bitcoin News · 1d ago
US Freezes $1 Billion in Crypto as Scam Networks Spread Worldwide
Bitcoin News · 1d ago
Inside the $5.8B Binance Hack: What’s Confirmed and What Isn’t
Bitcoin News · 1d ago
Onchain Lending Fees Plunge 50% as Morpho Bucks the Trend
Bitcoin News · 1d ago