According to one version of this, bitcoin is set for a “second run of this bull market”, which could push the cryptocurrency’s price north of $250,000 in the near-ish future.
Some appear happy to have the backing of the technology billionaire, even if it is only part-time.
If this is the case, then bitcoin could be heading as low as $7,000 later this year or in early 2022.
12,000 people attended the event, with no mask mandate or proof of vaccination required.
Draper is one of the most prominent figures in the crypto space, having previously purchased 30,000 bitcoins seized by US Marshalls for less than $20 million back in 2014.
“I know that throughout the nation, including Tanzania, they have not accepted or started using these routes.