Reported about 24 hours ago
Billionaire investor Tim Draper claims that the dollar is on the verge of becoming worthless and promotes Bitcoin as its replacement. He suggests that as the dollar loses value, people will hurry to spend it, while retailers will increasingly prefer Bitcoin for transactions. Draper's remarks come amid a debate on whether Bitcoin should be seen primarily as a store of value or a medium of exchange, with expectations that it could become the world’s reserve currency within a decade, potentially reaching a price of $250,000 by 2025.
Source: YAHOO