Famous Billionaire Stands Behind $250,000 Bitcoin (BTC) Forecast: Made History

Famous US venture capital investor and billionaire Tim Draper maintains his positive stance on the $250,000 Bitcoin (BTC) prediction that he has repeated many times.

In a recent interview with Cointelegraph, Tim Draper said, He stands by his $250,000 estimate. He said that the FTX crash had nothing to do with the success of Bitcoin. Draper continues to maintain his optimistic forecast that Bitcoin will reach $250,000 in 2023, despite the ongoing crisis in the cryptocurrency market fueled by FTX:

There is no change in the price estimate. I still think it will be $250,000 early next year.

Stating that FTX is a centralized structure unlike Bitcoin, Draper thinks it is inevitable for such sloppy centralized structures to meet such an end. Billionaire investor, founder and former CEO of FTX Sam Bankman-FriedHe made the following statements, referring to:

FTX was centralized and subordinated to a single founder. When a currency is centralized there is only one point of failure, at which point it can be manipulated. I think this fiasco will reveal many more Bitcoin maximalists. Remember that your money, whether crypto or fiat, is not secure in a centralized system.

draper 2015 of Bitcoin in 10 thousand dollars He predicted what would happen, and that prediction came true. Firstly 2018 in the year 250 thousand dollars Sharing his prediction, Draper stood behind his prediction regardless of the bear or bull season experienced in the process.

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