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Tim Draper
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Tim Draper

News RoundupFintechUSA
·Mar. 8, 2018

Tim Draper’s Bold Prediction on Cryptocurrencies

Tim Draper was an early investor in the internet and is also a big believer in blockchain technology; in an interview on Fast Money he shares that he believes that crypto will be a main payment method in just five years and that none of us will be using fiat currency; Draper is known for purchasing 30,000 bitcoins in a 2014 US Marshals Service Auction and has said he still holds all of those coins. Source

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News RoundupFintechUSA
·Jan. 26, 2018

Tim Draper on Usage of Bitcoin

Tim Draper spoke at the event Blockchain Connect Conference today; he stated, “In five years, if you go to a Starbucks or McDonald's and try to buy a burger or coffee with fiat currency, the person at the counter is going to laugh at you. There's a real need for a currency that's global.”; Draper was an early backer in companies like Skype and Baidu; his interests have since turned to bitcoin and ICOs. Source

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