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.