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Bitcoin To Replace US Dollar In ‘10 Years,’ Says Legendary Investor

  • Tim Draper, a legendary BTC investor, predicts that Bitcoin will replace the US dollar within a decade, citing it as a better technology than government-issued currency.
  • Draper believes a tipping point towards the Bitcoin standard will occur by 2035, as trust in banks and sovereign currencies diminishes and people seek a non-inflationary alternative.
  • He emphasizes Bitcoin's fixed supply and the potential for global, permissionless commerce, contrasting fiat currencies that are prone to debasement.
  • Regulatory support and institutional demand are seen as key drivers of Bitcoin's growth, with Draper foreseeing BTC potentially reaching $250,000 by 2025 and eventually surpassing the dollar's value.

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