Draper’s Bullish Prediction: $250k Bitcoin by 2022

Speaking at the Web Summit in Dublin, Tim Draper reaffirmed his earlier statement that the price of bitcoin will reach $250,000. He believes this threshold will be attained either by 2022 or 2023. The price of bitcoin has dropped by about ten percent since I began writing this article a few hours ago. Nevertheless, let’s look at the reasoning put forward by Mr. Draper.
Mr. Draper cites several major drivers for this climb which can be further classified into two groups.Typical Libertarian