Tim Draper forecasts Bitcoin’s total takeover
Renowned billionaire investor Tim Draper, known for his early advocacy of Bitcoin, has reaffirmed his belief in the future of cryptocurrency. In a recent Bloomberg interview, Draper acknowledged his previous forecasting misstep but remained unwavering in his confidence in Bitcoin. He humorously remarked, “I don’t know why anybody is still listening to me if I […]
Sri Lanka’s central bank rejects cryptocurrency push from Tim Draper
Billionaire investor and Bitcoin advocate Tim Draper made an unexpected visit to the Central Bank of Sri Lanka to promote cryptocurrency as a weapon against corruption. Still, he faced a hostile reception from the bank’s Governor Nandalal Weerasinghe. When Draper presented cryptocurrency to the central bank, Weerasinghe said they would not accept it. The Governor […]
Tim Draper thinks IPOs are not worth the hassle
Tim Draper, the renowned Silicon Valley investor, Bitcoin evangelist, and a highly in-demand entrepreneur, is apparently anti-IPOs. During the week-long virtual event Unitize, Draper stated that the initial public offerings are not rewarding when it comes to using them for fundraising. The Unitize Blockchain Conference, being held from July 6 to July 10, is featuring […]
2020 Bitcoin halving draws more attention than previous ones – CryptoCompare
Crypto market data provider CryptoCompare has revealed that the 2020 Bitcoin halving event to hold in 12 days has drawn a lot of attention as several enthusiasts look forward to it, unlike the previous halving in 2012 and 2016. However, not all indicators point to the fact that Bitcoin price will rise after the event. […]
Tim Draper keen on plowing money into Indian crypto startups
Billionaire Tim Draper, who has built his multi-billion dollar fortune through successful venture capital investments, said in an interview with Inc42 on Saturday that the Indian crypto scene has fascinated him ever since the Supreme Court of India delivered a landmark verdict by abolishing RBI-imposed restrictions on cryptocurrencies in India. When the Reserve Bank of […]
