Billionaire investor Tim Draper expressed that businesses failing to include Bitcoin in their corporate treasuries are acting irresponsibly. Speaking at the Financial Times Digital Assets Summit, he emphasized that everyone should hold Bitcoin, especially as governments begin to recognize its value. Draper maintains a forecast of Bitcoin reaching $250,000 by the end of 2025, stating plans to establish a fund that operates entirely in Bitcoin, including raising capital, investing, and conducting transactions on the blockchain. He believes the rise of Bitcoin signifies a shift in commerce likened to the historical impact of gunpowder. Recent trends show increasing corporate interest in Bitcoin, with predictions of significant investments in the coming years. Draper noted a shift in development focus toward Bitcoin, as more engineers and entrepreneurs work on integrating smart contracts and other technologies into the Bitcoin ecosystem. However, tensions exist within the Bitcoin development community over proposals that could significantly alter its blockchain’s functions, highlighting the ongoing debate about Bitcoin's future.

Source 🔗