At the Digital Assets Summit organized by the Financial Times, billionaire investor Tim Draper – one of Bitcoin's strongest advocates – made a striking statement: "Any business that does not own Bitcoin in its treasury is acting irresponsibly."


Why does Draper assert this?


Draper believes Bitcoin is not only an investment asset but also a significant advancement in financial technology. He argues that governments are gradually recognizing Bitcoin's role in national treasuries and predicts the price of Bitcoin will reach $250,000 by the end of 2025. According to him, the world will shift through three distinct phases: fiat money → stablecoin → Bitcoin.



“After the invention of gunpowder, people no longer fought wars the old way. With Bitcoin, global trade will also change completely,” – Draper likened.



Not stopping at the vision, #Draper also shared ambitions to establish a fully Bitcoin-based investment fund within the next 5 years. From raising capital, investing in startups to paying salaries and settling with suppliers – everything will be done in BTC through smart contracts. This helps reduce almost all accounting, auditing, and legal costs thanks to the transparency, decentralization, and perfect storage of blockchain.


Bitcoin is no longer just 'digital gold'


According to Draper, the development trend of Web3 engineers and entrepreneurs is shifting from Ethereum, Solana to Bitcoin itself. $BTC now not only plays a role in value storage but also serves as a platform for:



  • Smart contracts



  • DeFi (decentralized finance)



  • Ordinals and Runes (protocols for expanding non-financial applications)




However, not everyone agrees. In the Bitcoin developer community, there is a fierce debate about whether or not to expand the blockchain to store additional non-financial data. Some argue that this will turn Bitcoin into a 'worthless altcoin.'


Businesses are rushing to accumulate Bitcoin


Draper is not alone. More and more companies are incorporating Bitcoin into their treasury as part of a strategy to protect asset value. Names like Strategy (USA), Semler Scientific (medical), and Metaplanet (Japan) are notable examples.


According to #Bernstein 's prediction, by 2029, corporate treasuries could accumulate up to $330 billion in Bitcoin, as small and medium-sized enterprises learn from the strategies of the 'big players.'



Connect with crypto and Binance users:

If this trend continues, Binance users need to pay attention to long-term opportunities as Bitcoin is increasingly seen as a strategic asset by large corporations. Besides trading, holding BTC could become part of a sustainable investment strategy as global businesses ‘legalize’ Bitcoin in their accounting systems.



Risk warning: The cryptocurrency market is always highly volatile. The information in this article should not be considered investment advice. Users need to research and carefully consider before participating. Crypto is not suitable for everyone. #anhbacong