Tim Draper: “Women will drive BTC to 250,000M”
- Posted on June 1, 2022
Investors point out that the number of women owning Bitcoin has risen from one in four to one in six
Trillionaire venture capitalist Tim Draper believes the price of Bitcoin (Crypto: Btc) will “exceed” $250,000 for women in retail cryptocurrency investing. . . . . . . . . . over” 250,000
what you should know
In a recent interview with cryptocurrency trader Scott Melker, Draper said he thinks Bitcoin could hit 250,000 by the end of this year or early next year.
Draper noted that he expects the floodgates to open once a Bitcoin payment processor like OpenNode “penetrates the system.”
“What could happen is that women will start using bitcoin, I don’t know exactly when.”
The investor added that the number of women who own bitcoin has increased from one in four to one in six. She hopes that over time, the number of women and men who own bitcoin will level out.
“The way to balance it is for women to control about 80 percent of retail spending,” commented Draper, adding that retailers could save 2 percent of their profits by accepting bitcoin instead of bank-issued credit cards.
“It changed everything. All of a sudden, all women have bitcoin wallets to buy things with bitcoin, and you’ll get more bitcoin than see my estimate me, my, my, my, my, my, my, my, my, my, my, my, my, my, my, my, my, my
Price volatility
According to data from Benzinga Pro, BTC is up 4.87% in the past 24 hours to trade at $31,606.
Investors point out that the number of women owning Bitcoin has risen from one in four to one in six