Billionaire investor Tim Draper claims that businesses lacking Bitcoin in their treasuries are being irresponsible. At the Financial Times Digital Assets Summit, he emphasized the importance of businesses incorporating Bitcoin, noting that governments are beginning to recognize its value.
Draper remains optimistic that Bitcoin will reach 250,000 USD by the end of 2025. He aspires to establish a fund that operates entirely on Bitcoin, highlighting its advantages like smart contracts for automated taxation and record-keeping.
There is ongoing debate within the Bitcoin community regarding proposals that could change its fundamental use, particularly around enhanced data storage capabilities. Draper reflects on the positive shift of talent towards developing Bitcoin and its functionalities, including advancements in smart contracts.
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