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Billionaire Tim Draper: Bitcoin will replace the US dollar within 10 years.
On May 13, according to Coindesk, billionaire venture capitalist Tim Draper predicted that by the end of 2025, the price of Bitcoin will rise to $250,000 and will replace the dollar’s dominance within ten years. He also suggested that every corporate finance department should hold Bitcoin reserves to cope with fiat bank runs and the global shift towards a Bitcoin standard.