Tim Draper Stands by Bitcoin’s Value Amid Market Crash

Despite Bitcoin's sharp price decline and over $1 billion in crypto liquidations in the past 24 hours, billionaire investor Tim Draper remains bullish on the leading cryptocurrency. Draper recently emphasized that Bitcoin is “valuable everywhere,” citing its decentralized structure, immutability, global reach, and high liquidity as core strengths.

Draper, known for early investments in Hotmail, Skype, and Bitcoin, reiterated his belief that Bitcoin is the ultimate hedge against reckless government spending and potential fiat currency collapse. He previously warned that if the traditional financial system breaks down, Bitcoin could theoretically surge to “infinity” against a hyperinflated U.S. dollar.

While Draper accurately predicted Bitcoin’s rise to $10,000, his call for a $250,000 price by the end of 2022 missed the mark. Nevertheless, he remains confident that Bitcoin will reach that target in 2025, claiming it has evolved into a low-risk investment with long-term upside.

Draper’s optimism aligns him with other Bitcoin maximalists, including MicroStrategy’s Michael Saylor, who recently reaffirmed support for the digital asset with another major purchase. Draper also compared Bitcoin to gold, noting that while gold has outperformed BTC in 2025 so far, Bitcoin’s borderless and digital nature makes it the superior asset in the long run.

As Bitcoin struggles in the short term, Draper’s unwavering stance reinforces bullish sentiment among long-term holders and investors who view Bitcoin not just as a speculative asset, but as a foundational pillar of a decentralized financial future.