RATE Group | Bitcoin-Friendly Governments Will Be Biggest Winners, Tim Draper Says
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Bitcoin-Friendly Governments Will Be Biggest Winners, Tim Draper Says

Bitcoin-Friendly Governments Will Be Biggest Winners, Tim Draper Says

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Billionaire Tim Draper has praised Bitcoin for breaking the world’s borders and acting as a global currency system. He told the Wall Street Journal (WSJ) that technologies like blockchain and artificial intelligence (AI) were disrupting the most important industries and the government itself.


Blockchain & AI Bigger than Internet

Draper, a venture capital investor who has traditionally been bullish on the crypto market, admitted the internet’s game-changing impact on entertainment, media, communication, and other areas. However, what’s coming next under blockchain, AI, Bitcoin, and smart contracts will be even bigger than that. The latest technologies are transforming ever-larger industries, like finance and banking, healthcare, insurance, and the government itself.

I think that you’re going to see amazing changes in the next five to 10 years. If you go 20 years out [from] here I don’t think you’d recognize this world

Decentralized technologies like blockchain are…

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