Venture Capitalist Tim Draper Explains Why Bitcoin Will Soar Past His $250K Estimate

Venture capitalist Tim Draper has doubled down on his bitcoin price prediction of $250,000 by the end of this year or early next year.

Venture capitalist Tim Draper has doubled down on his $250K bitcoin price prediction.

The venture capitalist noted that previously only one in 14 bitcoin holders were women.

A survey in March by crypto financial services company Blockfi found that nearly one in three American women said they plan to purchase cryptocurrencies in 2022.

Draper explained: “Women control about 80% of retail spending and retailers haven’t yet realized that they can save 2%, and they usually run on very thin margins so that might be like double their profits.

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since.

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