Bitcoin Millionaire Tim Draper: Cryptocurrencies Will Replace Fiat in 5 Years.
In five years time, fiat currencies are no longer going to have any use as cryptocurrencies replace them. That’s according to venture capital investor Tim Draper.
At the WebSummit conference in Lisbon, Portugal, Draper was speaking with Forbes. Expressing his views on where he sees the digital currency market, he said:Draper, founder of Draper Fisher Jurvetson (DFJ), an American venture capital investment firm, has led investments in Twitter, Skype and Tesla. Now, he’s turning his attention to cryptocurrencies.
This is evident by the fact that he purchased 30,000 bitcoins during a government auction of assets seized from online darknet Silk Road in 2014. At the time, those coins were worth $20 million. Today, they are valued at over $214 million.
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Bitcoin has experienced unprecedented heights during 2017. In the last few weeks, alone, the currency has surged to above $7,000. It was within touching distance of the $8,000 barrier yesterday at the news that the SegWit2x upgrade protocol had been suspended.
Can you do a tutorial of how to collect bit coins ??
I hope when I wake up I'm one of the bitcoin millionaires.. hahaha
U will be
I wish I could be the next bitcoin millionaire., hehehe joke!
U will be bro
Wow bitcoiners would love this news.
Thank u
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