Famous US venture capital investor and billionaire Tim Draper made statements about the FTX collapse and the future of Bitcoin (BTC).
Coming to the fore with its supportive attitudes about Bitcoin and Price expectation of 250 thousand dollars Draper, who At the Miami Web3 conference spoke. In his speech, he said that cryptocurrencies are holding strong despite the ongoing turmoil and the looming recession forecast. draper, optimistic attitude about cryptocurrency markets He also underlined that he continues to protect.
Speaking at the conference FTX Mentioning his bankruptcy, the entrepreneur said, “When things go wrong, there’s an escape towards quality.He praised Bitcoin with his statements and stated that Bitcoin will be on the winning side against cryptocurrencies such as FTT.
More centralized cryptocurrencies like FTX’s failed FTT Token (FTT) show us that Bitcoin will stand out as a winner in the long run.
Stating that he continues to believe in Bitcoin for years and collects as much as possible at every price, Draper said that the only thing to do in this difficult change process is “continue to work and produce“He stressed that.
draper there’s a recession on the horizon While stating that he was thinking about it, he said that this could be a beacon of hope to build and that 30 of the 31 most valuable companies were founded after bear markets drew attention.