{"id":234148,"date":"2021-04-23T22:00:00","date_gmt":"2021-04-23T19:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bitcoin-facilitates-a-global-economy-says-tim-draper\/"},"modified":"2021-04-23T22:00:00","modified_gmt":"2021-04-23T19:00:00","slug":"bitcoin-facilitates-a-global-economy-says-tim-draper","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bitcoin-facilitates-a-global-economy-says-tim-draper\/","title":{"rendered":"# Bitcoin facilitates a global economy, says Tim Draper"},"content":{"rendered":"

“# Bitcoin facilitates a global economy, says Tim Draper <\/strong>”<\/p>\n

Venture capitalist Tim Draper is continuing his bullish talk on Bitcoin in some investment tips for those new to the crypto space.<\/p>\n

Speaking at the Collision web summit on Thursday, Draper said<\/a> Bitcoin (BTC) could incentivize governments around the world to compete for the attention and devotion \u2014 and seemingly, money \u2014 of its citizens. According to the venture capitalist, crypto levels the playing field, so lawmakers will have to choose if they want to make people\u2019s lives better, otherwise they will simply move to somewhere that will. <\/p>\n

\u201cPeople are already realizing that they would rather have Bitcoin than fiat currency,\u201d said Draper. \u201cBitcoin facilitates [a global economy] from the economic standpoint because it is a global currency \u2014 it doesn\u2019t care where the borders are. It isn\u2019t tied to one nationality or another.\u201d<\/p>\n

Screenshot from Collision<\/em><\/figcaption><\/figure>\n

He said that interested Collision attendees could participate in the crypto economy by getting a digital wallet, encouraging women to put their \u201ctoe in the water\u201d with this step. A recent report from crypto exchange Gemini indicates that more women than men in the United States were interested in getting into crypto, while a report from the World Economic Forum suggests that women are underrepresented in industries associated with blockchain technology<\/a>.<\/p>\n

\u201cIt turns out only one out of 14 Bitcoin wallets is owned by a woman,\u201d Draper said, while pointing out that women control 85% of retail spending in the United States.<\/p>\n

A huge Bitcoin bull, Draper\u00a0has said he holds “a lot” of his portfolio in BTC after quitting public stocks in favor of crypto two years ago. Last year, he predicted the price of the crypto asset would reach $250,000 by 2023, claiming he would eat a raw egg if it didn’t. At the time of publication, BTC\u2019s price is\u00a0$51,773, having fallen 6% in the last 24 hours.<\/p>\n