Rumor? BTC will reach $10 million
At 8:09 on April 20, Bitcoin ushered in the fourth halving in history, and the block reward was reduced from 6.25 BTC to 3.125 BTC. Tim Draper believes that this halving will become a catalyst for Bitcoin's price to soar again.
Tim Draper, a legendary Silicon Valley venture capital giant and founder of Draper Associates, is world-renowned for his early investments in well-known companies such as Skype and Tesla. The latest amazing prediction: Driven by widespread application and the depreciation of the US dollar, Bitcoin may soar to $10 million!
Tim Draper, the well-known venture capital godfather of Silicon Valley and founder of Draper Associates, is an early investor in Bitcoin. He correctly predicted that Bitcoin would exceed $10,000 in 2017. In a recent interview with the podcast Searching for Mana, he said that Bitcoin will rise to unimaginable levels:
Bitcoin reaching $250,000 or $1 million, $2 million, or even $10 million is a possible number.
There are several reasons... When you can buy food, clothes, shelter, and pay all taxes with Bitcoin, it's a done deal. You won't want to use any other currency.
