Tim Draper: Bitcoin can hedge against the excessive spending of the U.S. government, optimistic it will reach $250,000 this year

Hase Chain News reports that Tim Draper, founder of Draper VC, stated on the X platform that once the U.S. government allows employees to engage in collective bargaining, it will be like driving a truck down a hill without brakes, but Bitcoin can hedge against the excessive spending of the U.S. government. Tim Draper believes that Bitcoin can still reach $250,000 by 2025, with major factors driving the growth of Bitcoin including: widespread optimism in the market following Trump's trade agreements, the anticipated regulatory framework expected soon, and the continuous development of Web3 applications built on the Bitcoin blockchain. Major banks are also adding Bitcoin to their products; compared to other cryptocurrencies and stocks, Bitcoin carries lower risk because people believe in it, earning Bitcoin the title of a store of value.