Famous US venture capital investor and billionaire Tim Draper suggested Bitcoin (BTC) as a recipe for the global banking crisis.
coinbase, hotmail, Skype, Tesla And twitterTim Draper, who is positioned before many investors in .
Often in the past Bitcoin’s 2023 in the year 250 thousand dollars Stating that he will reach the band, Draper said, of the banking crises He emphasized that Bitcoin will reveal its true value.
In particular, in the details of the description Silicon Valley Bank (SVB) Pointing to the macroeconomic structure that was dragged into a more serious crisis than 2008 with its bankruptcy, the billionaire said that the latest developments a wake-up call for investors highlighted that:
I continue to advocate Bitcoin as a hedge against the current anachronistic and overregulated banking system. I think the failure of the SVB was a wake-up call for people who were indecisive about buying Bitcoin.
The recipe for the banking crisis: Bitcoin
Cryptocurrencies, especially Bitcoin integration with the global financial system. Stating that it is inevitable, the billionaire argued that the unstable structure we are in can be saved thanks to Bitcoin.
Draper with Bitcoin into a new economic era my name He argued that he was thrown out and that great leaders would embrace it, while weak leaders would be content to make fun of it.
Banking crises can only truly be avoided by allowing banks to accept and transact with Bitcoin. Otherwise, banks will operate in a smaller and smaller market as people move to better technology. We are experiencing an anthropological leap with Bitcoin. The landscape is changing. In times of change like this, great leaders embrace change, while weak leaders try to make fun of it.
Since its launch in 2009, Bitcoin The investment with the highest return in the history of the world turned into one of his tools. At this point, Draper, who does not hesitate to remind the importance of taking a long-term view, emphasized that banks should approach Bitcoin, which is a limited and functional asset, more seriously in order to survive.
draper, July 2022in BTC 20 thousand dollars In a similar statement he made while he was on the band, he claimed that people would flee from the dollar and turn to Bitcoin.