Bitcoin maximalist Tim Draper who earlier predicted BTC price to reach $250k by April, 2018 says BTC will reach $250,000 by 2022 during the Web Summit on 6th November.
A global and more open currency will dominate the world, says Draper, who believes Bitcoin will bring the power of money from banks to the common people.
“If we combine Bitcoin, block-chain with smart contracts and artificial intelligence, we could create the perfect bureaucracy.”
Draper says,
“Believe it, it’s going to happen – they’re going to think you’re crazy but believe it, it’s happening, it’s going to be awesome!”
Crypto Market Capitalization will reach $80 trillion in 15 years
Draper also predicted that the total market cap of cryptocurrencies will reach $80 trillion within the next 15 years.
“Cryptocurrency will go after trillion dollar markets these are finance, healthcare and insurance, banking and investment banking, and governments.”
At reporting time, Bitcoin BTC is trading at $6441 on Binance.
Check out the Top 5 Bitcoin Predictions in another article from Coinnounce.
