Tim Draper, a bitcoin lawyer, a bitcoin lawyer for a long time, believes that retailers one day will only accept bitcoin as a batch.
“There will be a moment when all retailers say” I accept Bitcoin “and then there will be a moment when they will say retailers.” only Acceptance of Bitcoin, “Dryber He said On Bloomberg TV.
Tim Dripper supports Bitcoin bypassing words. In 2014, he occupied the headlines by spending $ 19 million To buy 30,000 Bitcoins is seized from the Silk Road market.
Today, the value of these coins is estimated at about $ 3.5 billion. Draper also supported the main encryption companies, such as Coinbase and Robinhood Markets, which enhances its reputation as one of the most influential investors in the sector.
In the interview with Bloomberg, DRIBIBR has acknowledged that at the present time, Bitcoin is mainly held, and does not spend – a trend fed by fixed value growth, making it a preferred store of value and hedging against inflation.
But Dryber sees the change on the horizon. He said that in the end, retailers will start accepting Bitcoin as an initial payment method.
New donation round for Tim Driber
Dripper is Also raising fresh capital For his project, Draper Associas.
According to Tuesday presentationThe company received $ 200 million to its eighth fund, as its website alludes to the official launch. Draper Associats, which runs $ 2 billion of assets, focuses heavily on encryption investments.
This last box follows an increase of 2022 about $ 124 million for the Fund 7.
The timing coincides with a strong encoding market. The total cryptocurrency market has recently exceeded $ 4 trillion for the first time, supported by Congress legislation that regulates Stablecoins and Bitcoin has exceeded $ 120,000 in recent months.
Dripper, 67, began his career career in the investment capital in 1985 with a loan of $ 6 million and soon became known for early investments in companies such as Skype, Baidu, Tesla, Spacex and Robinhood.
Dripper has Propagate In the past, Bitcoin can reach $ 250,000 – which are expectations, although they have not yet realized, they look more and more likely as bitcoin exceeds $ 113,000.
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