April 25, 2018 285By Thomas Ramsay
“In five years you are going to try to go buy coffee with fiat currency and they are going to laugh at you because you’re not using crypto. I believe that there will be a point at which you will no longer really want any of the fiat currency.”There is no denying that Draper has a lot of passion when it comes to Bitcoin. By the end of last year, he had approximately 30,000 BTC, making his portfolio worth around $270 million now. During the debate with the sceptics, he also pointed out that Bitcoin had great market dominance, adding that the first cryptocurrency was likely to win the long term crypto battle against the controversial altcoins. This is not the first time that he has made huge predictions for Bitcoin. Just earlier this month, he announced that he believed that Bitcoin will reach a price of $250,000 per coin by 2022. That is a lot of growth that has to happen in just four years, but as he claimed that Bitcoin is the leader of all cryptocurrencies, if anyone is likely to do it, it will be Bitcoin. Only time will tell whether Drapers predictions are correct or not.