Bitcoin will soar to 250 thousand dollars — opinion of Tim Draper

Tim Draper is a venture capitalist with billions in his account. He recently gave an interview to Bloomberg TV. There he again announced the forecast of bitcoin up to 250 thousand dollars.

What the billionaire says

It should be noted that he shifted the timing of his forecast. Now he believes that such a price for virtual gold will be reached in 2025. 

At the same time, he noted that he was surprised by the actions of the US bureaucratic machine, not expecting such aggression. He added that it seemed to him that bureaucrats understand the need to compete with others.

The entrepreneur believes that the SEC's regulatory measures are pushing out US entrepreneurship. As a result, this dealt a blow to the price of bitcoin. 

He also said that this is a great system, a good currency and a good way of working. The specialist expects that after launching his fund to fully invest in the first cryptocurrency, his portfolio companies will pay employees and suppliers in bitcoin. He also expects that the payment of taxes will also be in the first cryptocurrency. At the same time, accounting, auditing and other reporting will be stored in blockchains. In his opinion, this is fairly honest and transparent.

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