Billionaire Investor Tim Draper Still Thinks the Price of Bitcoin Can Reach $250K

“It’s a great system, it’s great currency, it’s a great way to operate,” he said. “I can’t wait until I can raise a fund all in bitcoin, invest it all in bitcoin, have my portfolio companies all pay their employees and suppliers all in bitcoin and have taxes all paid in bitcoin, and have the waterfall all fall into people’s bitcoin wallets. Because then there’s no accounting, there’s no auditing, there’s no bookkeeping, it’s all done on the blockchain. It’s all honest and it’s all straight.”

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