RATE Group | Tim Draper Talks Security, Clarity and Bitcoin Going to $250,000 by 2022
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Tim Draper Talks Security, Clarity and Bitcoin Going to $250,000 by 2022

13 Jun Tim Draper Talks Security, Clarity and Bitcoin Going to $250,000 by 2022

Posted at 11:49h in Bitcoin News by

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Billionaire investor and long-time Bitcoin bull Tim Draper sat down for an interview with The Street to discuss his thoughts on the future of Bitcoin and cryptocurrencies.

Draper Talks Security, Clarity, Utility

The conversation started right off on the issue of clarity with The Street asking Draper for his reaction to what former chairman of the Commodities and Futures Trading Commission, Gary Gensler, said about the need for regulation on cryptocurrencies. Draper answered that all the governments in the world are now in a competition to attract crypto and blockchain based technology companies and in order to do that they would need to create “very clear and light-touch regulations for crypto.”

When asked what his approach would be if asked by President Donald Trump into the White House in order to draft crypto policy, Draper answered that the first thing he would do would be to make Bitcoin a national currency, as Japan has. Then continuing with his comment about creating a…

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