"A bunch of things will go wrong on our way to a better world", " says Billionaire venture capitalist Tim Draper. He also says that one good consequence is that Bitcoin will achieve a price of $250K by 2022. Tim bases this prediction not only on strict economics but in the paradigm shift that Bitcoin and cryptocurrencies represent. Draper argues that “political currencies” are going to fail against digital currencies such as Bitcoin. And governments will have to compete for the privilege to have us as their citizens.
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