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May God be with us and keep us alive to see the price
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Bitcoin BTC will be $250,000 by 2022, says Tim Draper
Tim Draper, one of the famous venture capital investor was recently present at an interview conducted by Forbes along with his son Adam Draper.
The interview covered their views on how Bitcoin BTC, cryptocurrency, and blockchain could change the developing world. Both Tim and Adam have been promoting Bitcoin from its early stages. Tim Draper is also the founder of the Draper University and had acquired 40,000 BTC during the silk road collapse in 2014. Adam is the Managing Director at Boost VC which aims at investing in Bitcoin startups.
Both Adam and Tim were asked to state their views on the new cryptocurrencies entering the market. Adam opined that it was amazing to see so many entrepreneurs working towards changing the world with the help of decentralization. According to Tim, it was a mix, some cryptocurrencies could have a profound effect on the government and industries. He added that the rest was just a copy of Bitcoin and had no reason to exist.
The duo was also asked to share their perspective on the existing problems in the blockchain technology platform. Adam spoke about the problem of providing true value to its consumers without any errors and the usability of the products. Tim opined that Blockchain technology was a very creative platform and needed more time to mature. Tim stated that he would want to make all his payments through BTC so that all the accounting could directly be done on the blockchain. He added:
“I look forward to seeing geographic borders dissolve around the world”
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Ethereum [ETH] establishes dominance over XRP; surge seen across altcoins
On 27th September, the cryptocurrency market saw some volatile action with the price of cryptocurrencies going up and down throughout the day. Popular cryptocurrencies such as Bitcoin BTC and Ethereum [ETH] saw green towards the end of the day.
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What will be the the cost of 1btc and 1 ETH in next few years and did you think bitcoin can touch $50,000 in next couple of years and what is your expectations on ETH when bitcoin touch $50000
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