Venture Capital Billionaire Tim Draper Has Made a Bold Prediction About the Future of Bitcoin in a Recent Interview.
The billionaire believes that BTC has the potential to increase its value significantly by $10 million.
Draper, an early Bitcoin investor, has a track record of making accurate predictions. He correctly predicted that Bitcoin would surpass $10,000 in 2017.
He now thinks that Bitcoin’s value could reach unprecedented heights, saying: “Now $250,000 or a million dollars, or $2 million or even $10 million — those numbers are possible.”
According to Draper, the key to Bitcoin’s success rests on its widespread adoption.
Draper’s prediction is based on the idea that achieving mass adoption will open the door to exponentially larger players.
“I can tell you my number, $250,000, is probably the low end … In fact, if it gets to $250,000, I think it’s going to blow through that number,” said Draper.
