Billionaire Tim Draper Reiterates Bitcoin Price Target
Billionaire Tim Draper reiterates Bitcoin price target.
Tim Draper, the billionaire founder of Draper University, recently reiterated his views on the future of Bitcoin (BTC). He also explained why he continues to strive to see BTC exceed $250,000 a day. In a new interview with Bloomberg, Draper explained what he thinks will make the cryptocurrency cryptocurrency see a meteoric rise in bitcoin price target to $250,000.
According to the investor, at some point in the future, Bitcoin (BTC) will become a valuable asset to facilitate payments for goods and services. Draper went on to explain that women, who control 80% of business spending, are more involved in crypto. He said that there was once 1 in 14 wallets owned by women, but now it is 1 in 6 wallets, which shows the positive progress of women in the crypto industry.
Tim Draper bitcoin price target: 250.000
Tim Draper said: “The reason it gets to $250,000 and probably beyond is that it will take a moment when you can buy your food, your clothing and your shelter all in Bitcoin. “And here are the statistics that I know: women control 80% of retail spending. And that’s usually the food, the clothing and the shelter. And women only have, way back it was like one in 14 Bitcoin wallets, and now it’s one in six. “And when women realize that they can get a discount by paying in Bitcoin, when retailers realize they can double their profits by accepting Bitcoin, it’s going to move pretty quickly.”
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