RATE Group | Bitcoin Will End the Reign of ‘Dictators and Toll Trolls,’ Says Tim Draper
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Bitcoin Will End the Reign of ‘Dictators and Toll Trolls,’ Says Tim Draper

13 Oct Bitcoin Will End the Reign of ‘Dictators and Toll Trolls,’ Says Tim Draper

Posted at 14:50h in Bitcoin News by

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Billionaire investor Tim Draper has stated that he expects Bitcoin (BTC) — combined with other technologies — to change how governments operate worldwide.

In a Medium post published on Oct. 10, Draper calls Bitcoin “the startup currency” and praises its decentralization and borderless nature, saying he believes that BTC will bring the world together:

“With Bitcoin, and the decentralization that comes with Bitcoin, geographic borders have become less relevant. No longer are we at the mercy of dictators and toll trolls to grow the world economy. […] In the long-term I believe with regard to business and economics, we are, more than ever, one world.”

Bitcoin will end tribalism

Draper also accuses those dismissing Bitcoin of clutching to tribalism, and reiterates the belief that “tribalism is dying.” He also compares the attempts to retain power to the roar of a falling king:

“Tribalism is dying. And like the dying roar of the king of the jungle, we are hearing…

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