Venture capitalist Tim Draper expressed his excitement about President-elect Donald Trump's future impact, stating that he is "very excited" about Trump's next term. Draper believes that every line of regulation rolled back by the new administration will create a new job in the private sector, and every job cut in the government will create three jobs in the private sector. Draper also predicts that digital currencies, particularly bitcoin, will eventually replace traditional fiat money due to their inflation resistance and decentralized structure. He envisions bitcoin reaching a market value of $250,000 per coin.
- Content Editor ( news.bitcoin.com )
- 2024-11-14
Bitcoin Bull Tim Draper Eyes Trump’s Return as Catalyst for Private Sector Boom: 'Very Excited'