$BTC
Summary: Will Bitcoin Replace the US Dollar Within Ten Years?
Tim Draper, a well-known investor and entrepreneur from Silicon Valley, predicts that #Bitcoin will replace the US dollar as the global reference currency within less than ten years.
According to Draper, trust in traditional banking systems has greatly declined, especially after the collapse of Silicon Valley Bank in 2023, which left many companies unable to pay their employees. For this reason, Draper advises companies to diversify their treasury between fiat currencies and #Bitcoin.
He also predicts that #Bitcoin could reach $250,000 by the end of 2025, and believes its value will become “infinite” compared to the dollar, as he expects the dollar to eventually disappear.
Although stablecoins are growing in popularity, Draper considers them temporary solutions that are still vulnerable to inflation and government policies. #Bitcoin, with its scarcity and decentralized nature, is immune to such risks.
While the US dollar still dominates global reserves and international markets, the growing influence of BRICS+ countries and declining trust in central banks signal a possible shift. #Bitcoin could emerge as a credible long-term alternative
