Tim Draper sang a song about Bitcoin at Blockchain Week in Paris

Article Reading Time:
2 minutes.

Famous venture investorspoke at Paris Blockchain Week '2023 (PWD). The speaker ended his speech entitled “Decentralization of Everything” with a song about Bitcoin of his own composition.

Tim Draper performingnoted the distrust of centralized governments towards crypto-assets, especially the first cryptocurrency. The investor emphasized that although the authorities are still afraid of cryptocurrencies, the latter will inevitably transform the financial system.

“They undermined our trust in bankingsystem with the recent collapse of Silicon Valley Bank... What a truly strong leader would do is restore that trust. Trust the remaining banks!..”, the speaker reasoned.

Draper noted that blockchain, bitcoin and smart contracts represent significant developments in the world and the authorities of countries must accept them.

The investor concluded his speech by performinga song he wrote about the world’s first cryptocurrency (see video from 2.20). The poetic lines talked about the anonymous Bitcoin developer Satoshi Nakamoto, banks, governments and the desire for a new world order. The song received applause from the audience and panelists.

Tim Draper continues to claim that already inIn 2023, the Bitcoin rate will increase tenfold and reach $250,000. Even the collapse of FTX will not affect the achievement of the level announced by the investor, the investor believes. Draper believes that the Bitcoin price could exceed $250,000 if women around the world start paying for goods in stores.