Copy link
Increase text size
Decrease text size
Link copied

Tim Draper predicts bitcoin to save the world after crisis, not government or banks

Wed, 18 Mar 2020, 15:51 pm UTC

Bitcoin has endured a number of crashes in the past week due to coronavirus outbreak, but Tim Draper is still very positive about the future of the cryptocurrency.

In an interview with 415 Stories podcast, the Venture Capitalist investor shared how decentralization powered by bitcoin could transform the world.

“Entertainment for while you are holed up. When the world comes back, it will be Bitcoin, not banks and governments that save the day,” Draper wrote on Twitter while referring to his interview.

Draper is confident that bitcoin and artificial intelligence (AI) can completely transform all the industries from banking, real estate to healthcare. He even used the insurance industry as a use case example insisting that with the combined power of AI, blockchain’s smart contracts and bitcoin, one could start an insurance company.

“For example, I could start an insurance company with an actuary AI to determine fraud and a smart contract with Bitcoin and put it all on the blockchain,” Draper said.

Draper is a crypto advocate. He made bold predictions about the digital asset saying that it will hit $250,000 by the end of 2022. He even upped the amount saying that he underestimated the cryptocurrency. In February 2020, the founder of Draper Fisher Jurvetson announced that he already quit stocks for crypto.

Unlike Draper, Andrew Bailey, the Bank of England governor, is not very positive with cryptocurrency. In fact, he warned those who invested in bitcoin to be prepared to lose all their money.

“There’s no guarantee of the value of bitcoin,” Bailey said. “I’ve said publicly because we were concerned about it – if you want to buy bitcoin, be prepared to lose all your money. If you want to buy it, fine, but understand that what you’ve got has no intrinsic value. It might have extrinsic value, but no intrinsic value.”

Meanwhile, Chainlink’s study showed that blockchain’s smart contracts can indeed revolutionize the insurance industry. Smart contracts offer connectivity and confidentiality. It can also be used to develop new insurance products like micro-insurance, peer-to-peer insurance, decentralized autonomous insurance pools and more.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • JENKINSCOOPER
  • 2022.06.07 06:44:33
THE ONLY GENUINE AND GUARANTEED RECOVERY AGENT EVER ( MORRIS GRAY )

I was scammed of $573,000 worth of bitcoins with a scam forest investment unknowingly then, I didn’t know what to do.. I felt like committing suicide, but I fortunately for me I had a good start again after my friend introduced me to a cyber crime investigator ( Mr Morris Gray ) who helped me recovered all my stolen funds and profit that where held form me, by those bastard scammers, in just few days of working with him, if you feel scammed with fake forex company you don’t need to be worried, you can Text Him Via his Email: Morris Gray [email protected] gmail . com or WhatsApp +1 (607) 698-0239. And he will recover your stolen coins back in your wallet account in full...he has all it takes and his a very straight forward person!!!
I recommend him too anyone out there, who has fall a victim of crypto scam before.
  • 0
  • ·
  • 0
  • joejessthwaite
  • 2022.05.26 22:54:55
I love playing the Lottery and I buy tickets every 2 weeks after I get paid. I never wanted to get greedy but I did want enough to live more comfortably. Generally, my luck is pretty terrible. I took a chance when I found a website called [ amberlottotemple.com ] that offers spells to help people. It was the best £415 Pounds I have ever spent! I had to save up for a couple of weeks to be able to afford the spell. I had the spell targeted towards the National Lottery. I heed to DR Amber instructions to buy the ticket after 3days and have faith that I would be the winner. I kept my faith very strong just as DR Amber told me to do. The next morning I got up and saw an email from the National Lottery saying, "Good news, you've won a prize". Today my wife and I are proud winners of £184,262,899.10 Million Pounds. We are here to Appreciate the good deeds of DR Amber. You can reach out to him by email .…. [email protected]
  • 0
  • ·
  • 0
  • laylacole
  • 2022.05.08 09:07:08
Special thanks to HACK VANISH, a professional hacker I’ve been hiring for the past 2 years because, I find him to be an outstanding hacker who has aided me in various hacking related issues, ranging from fixing my poor FICO credit score of about 437 TransUnion, 462 Equifax to 802 plus excellent score, tracking my cheating husband’s phone and currently has helped me recover my lost crypto funds from an online scam investment I recently ventured into, I must confess he is the best, quite brilliant, ever since I discovered him through a positive review I saw on Wallet Hub and reached out to him via Email: HACKVANISH @ GMAIL. COM, and Phone: +1(747) 293-8514, to which he responded in less than 10mins, I have never regretted working with him, he’s been quite helpful and highly efficient. I Would recommend his services to anyone without hesitation.
  • 0
  • ·
  • 0
  • laylacole
  • 2022.05.08 09:05:50
Special thanks to HACK VANISH, a professional hacker I’ve been hiring for the past 2 years because, I find him to be an outstanding hacker who has aided me in various hacking related issues, ranging from fixing my poor FICO credit score of about 437 TransUnion, 462 Equifax to 802 plus excellent score, tracking my cheating husband’s phone and currently has helped me recover my lost crypto funds from an online scam investment I recently ventured into, I must confess he is the best, quite brilliant, ever since I discovered him through a positive review I saw on Wallet Hub and reached out to him via Email: HACKVANISH @ GMAIL. COM, and Phone: +1(747) 293-8514, to which he responded in less than 10mins, I have never regretted working with him, he’s been quite helpful and highly efficient. I Would recommend his services to anyone without hesitation.
  • 0
  • ·
  • 0
  • Brittanydustin
  • 2021.12.28 14:28:21
GET RICH WITH BLANK ATM CARD ... Whatsapp: +18033921735

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Cyber hackers send them the atm blank card and use it to collect money in any atm machine and become rich.( [email protected] ) I email them also and they sent me the blank atm card. I have use it to get 250,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.

You can also contact them for the service below

* Western Union Transfer Hack

* Bank Transfer Hack

* PayPal / Skrill Transfer Hack

* Crypto Mining Hack

* CashApp Transfer Hack

Email: [email protected] OR [email protected]

Text & Call or WhatsApp: +18033921735

Visit: https://darkwebcycberhackers.com/
  • 0
  • ·
  • 0
  • Brittanydustin
  • 2021.12.28 14:28:19
GET RICH WITH BLANK ATM CARD ... Whatsapp: +18033921735

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Cyber hackers send them the atm blank card and use it to collect money in any atm machine and become rich.( [email protected] ) I email them also and they sent me the blank atm card. I have use it to get 250,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.

You can also contact them for the service below

* Western Union Transfer Hack

* Bank Transfer Hack

* PayPal / Skrill Transfer Hack

* Crypto Mining Hack

* CashApp Transfer Hack

Email: [email protected] OR [email protected]

Text & Call or WhatsApp: +18033921735

Visit: https://darkwebcycberhackers.com/
  • 0
  • ·
  • 0
  • Brittanydustin
  • 2021.12.28 14:28:17
GET RICH WITH BLANK ATM CARD ... Whatsapp: +18033921735

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Cyber hackers send them the atm blank card and use it to collect money in any atm machine and become rich.( [email protected] ) I email them also and they sent me the blank atm card. I have use it to get 250,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.

You can also contact them for the service below

* Western Union Transfer Hack

* Bank Transfer Hack

* PayPal / Skrill Transfer Hack

* Crypto Mining Hack

* CashApp Transfer Hack

Email: [email protected] OR [email protected]

Text & Call or WhatsApp: +18033921735

Visit: https://darkwebcycberhackers.com/
  • 0
  • ·
  • 0
  • Brittanydustin
  • 2021.12.28 14:28:15
GET RICH WITH BLANK ATM CARD ... Whatsapp: +18033921735

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so many testimony about how Dark Web Cyber hackers send them the atm blank card and use it to collect money in any atm machine and become rich.( [email protected] ) I email them also and they sent me the blank atm card. I have use it to get 250,000 dollars. withdraw the maximum of 5,000 USD daily. Dark Web is giving out the card just to help the poor. Hack and take money directly from any atm machine vault with the use of atm programmed card which runs in automatic mode.

You can also contact them for the service below

* Western Union Transfer Hack

* Bank Transfer Hack

* PayPal / Skrill Transfer Hack

* Crypto Mining Hack

* CashApp Transfer Hack

Email: [email protected] OR [email protected]

Text & Call or WhatsApp: +18033921735

Visit: https://darkwebcycberhackers.com/
  • 0
  • ·
  • 0
  • Robert
  • 2020.09.18 23:44:38
Bitcoin and other cryptocurrency scams are becoming rampant as the day goes by. One should be careful when dealing with people online especially when it has to do with your funds. Getting back your stolen bitcoins is very easy but they are lots of fraudulent recovery firms out there so you need to be careful not to end up being defrauded again. ASSETRESCUE01 @GMAILCOM is the most trusted and reliable recovery firm online. They are the best recovery firm out there now. They are very fast and efficient in the recovery of your funds. To contact them EMAIL: ASSETRESCUE01 @GMAILCOM, You can simply send an email or WhatsApp on +1 206 745-0108 and you will be helped to recover 100% of you lost funds.
  • 0
  • ·
  • 0
  • Moses
  • 2020.04.28 07:03:23
I am a cryptocurrency trader and i make over 200% daily, If you are interested,i can teach you how to trade and also help you achieve your goal in life with crypto i can turn
$4500 into $35000 in less then four weeks,now that bitcoin has low prices...please note that cryptocurrency trading is bitcoin unlike binary and Forex,bitcoin is traded for altcoins also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door ???? inbox me for more info....contact me on WhatsApp +1(206)-742-5358 thank you to you all and God bless you .
  • 0
  • ·
  • 0
More
  • Bitcoin (btc) $20,817.00 (-1.48%)
  • Ethereum (eth) $1,200.10 (-0.97%)
  • USD Coin (usdc) $1.00 (+0.19%)
  • BNB (bnb) $234.85 (-0.36%)
  • Binance USD (busd) $1.00 (+0.29%)
  • Bitcoin (btc) $20,817.00 (-1.48%)
Jul 15, 2021 (Thursday)
13:30
BTC Surges by 1.16% Within 5 Mins, Marking 31,824.01 USDT
12:06
BTC Surges by 1.12% Within 5 Mins, Marking 32,104.8 USDT
10:25
BTC Drops by 1.03% Within 5 Mins, Marking 32,171.88 USDT
02:13
TriumphX Scouts 'MINAMCOMPANY' CEO Woo-Seong Lee As Creative Director
02:00
ETH Tops List Of Crypto Net Inflow With $298.96 Mln In Past 10 Hours
Jul 14, 2021 (Wednesday)
13:14
BTC Surges by 1.03% Within 5 Mins, Marking 32,738.08 USDT
09:03
BTC Surges by 1.01% Within 5 Mins, Marking 31,899 USDT
02:30
Crypto Market Sentiment On Jul 14: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $224.97 Mln In Past 10 Hours
Jul 13, 2021 (Tuesday)
02:30
Crypto Market Sentiment On Jul 13: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $178.61 Mln In Past 10 Hours
Jul 12, 2021 (Monday)
02:30
Crypto Market Sentiment On Jul 12: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Inflow With $164.82 Mln In Past 10 Hours
Jul 11, 2021 (Sunday)
21:31
BTC Surges by 1.02% Within 5 Mins, Marking 34,475.6 USDT
10:00
ETH Tops List Of Crypto Net Inflow With $122.76 Mln In Past 18 Hours
06:17
SOBA Listed On LATOKEN
02:30
Crypto Market Sentiment On Jul 11: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Outflow With $87.56 Mln In Past 10 Hours
Jul 9, 2021 (Friday)
21:40
BTC Surges by 1.08% Within 5 Mins, Marking 33,911.8 USDT
02:30
Crypto Market Sentiment On Jul 09: Market In "Extreme Fear"
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.