Tim Draper Urges Individuals, Companies and Governments to Hold Bitcoin
- —Draper: the more governments spend, the more attractive bitcoin becomes
- —Individuals should hold at least 6 months of expenses in BTC, companies 4 weeks
- —Risks: inflation, rising rates and cascading bank defaults
- —He advises governments to buy BTC as a hedge against fiat currency collapse
Why it matters: The remarks from a well-known venture investor reinforce the bitcoin-as-safe-haven narrative amid inflation and banking-sector concerns.
Source: TokenPost