Venture capitalist Tim Draper is standing firm on his long-term bet: Bitcoin will replace the U.S. dollar as the dominant global currency within the next 10 years. In a recent interview, Draper outlined a future where Bitcoin is used for everyday transactions — from buying basic necessities to paying taxes — and predicted its price could hit $250,000 by the end of 2025. Eventually, he said, the cryptocurrency could become “infinity against the dollar” as people lose faith in fiat currencies.
Draper’s confidence is rooted in a growing skepticism toward centralized financial institutions, exacerbated by events like the 2023 collapse of Silicon Valley Bank. He argues such failures expose the systemic risks of fiat-based systems and believes businesses should diversify their reserves to include both traditional currencies and Bitcoin. According to Draper, decentralization is not a fringe concept anymore — it’s becoming a safeguard against institutional instability.
Although stablecoins currently serve as a bridge between crypto and traditional finance, Draper criticizes them for being fundamentally tied to inflation-prone fiat currencies. He favors Bitcoin’s capped supply and decentralized design, which he sees as a hedge against the same economic pitfalls that brought down currencies like the Confederate dollar in the 19th century. To him, Bitcoin represents the most robust and future-proof monetary system available.
Looking beyond finance, Draper expressed enthusiasm about the broader technological future. He foresees advances in AI and biotechnology transforming the human experience — even imagining a future where humans might communicate with animals through genetic engineering. Rather than fearing AI’s impact on jobs, he believes people will adapt and thrive, using new tools to enhance productivity and elevate quality of life. For Draper, Bitcoin’s rise is just one part of a larger transformation driven by innovation and decentralization.
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