#TimDraper IP: What do you think about Trump and his announcement regarding the creation of a Strategic Reserve of cryptocurrencies?

TD: President Trump also made some innovative and bold moves, I believe that with Elon (Musk) they were exceptional.

The idea of creating a national Reserve with a modern token, like Bitcoin or other cryptocurrencies, is very innovative and visionary. Gold as a backing makes no sense.

Gold is from the dark ages; if I want to buy a coffee at Starbucks and I want to pay them with gold, they wouldn't know what to do with it, but they would with BTC. It is a currency

accepted worldwide

open

transparent

global

not just a store of value.

That makes it more valuable than anything that looks like a shiny metal.