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The American billionaire Tim Draper – shared with CNBC his bullish view on the future value of Bitcoin, predicting the BTC price will reach $250,000 by the end of 2022, despite the volatility in the crypto market. He further opined that the primary cryptocurrency would be the core of all financial activities for the next 20-30 years.
Additionally, Draper said numerous large companies would follow the example of Microsoft, Starbucks, PayPal, Home Depot and accept Bitcoin as a means of payment: ”Give it about a year and a half and retailers will all be on Opennode [BTC payment processor], so everybody will accept bitcoin.”
In other trending Bitcoin News today: Macro Guru Raoul Pal Says He’s Betting on These Emerging Crypto Assets!
“I started layering into more macro bets on where I thought the space was going. So trying to be more intelligent than just a basket, I’ve still kept the basket, but my bets are moving towards the metaverse and social tokens, and community tokens, which I think are going to be a huge, huge disruptive business model, and I think the metaverse is where everything going. So that’s kind of how I’ve played it. Now, I’m roughly 25% Bitcoin, 55% Ethereum, and 20% in all the other stuff.”
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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.
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