The first cryptocurrency will reach $250,000 by the end of 2022 or early 2023, despite sharp price fluctuations.This was announced by venture capitalist and billionaire Tim Draper.
According to the billionaire, by then the demand for digital gold will grow. Limited emissions will be another driver, Draper said.
“Give it [Bitcoin] about a year and a half and all retailers will be using OpenNode,” the investor said.
In 2018, Draper predicted the first cryptocurrency would grow to $250,000 by 2022 and called blockchain one of the most remarkable inventions in human history.
At the same time, the billionaire invested $1.25 million in Bitcoin processing OpenNode.
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