Billionaire venture capitalist Tim Draper expects Bitcoin (CRYPTO: BTC) to hit $250,000 within two years, driven by growing adoption, AI and fewer financial intermediaries.
What Could Send BTC To $250,000?
Speaking in an interview with Coinage on Sept. 10, Draper predicted Bitcoin to reach $250,000 within two years, driven by wider adoption and easier everyday use.
He expects more retailers to accept Bitcoin, potentially creating a tipping point where consumers shift savings from dollars into BTC.
“It’ll happen almost overnight when it happens,” Draper said, predicting a rush out of dollars if Bitcoin becomes widely preferred for commerce.
