Tim Draper is a well-known venture capitalist, the founder of Draper University, and the creator of the Meet The Drapers TV series. He has made early investments in companies like Tesla, SpaceX, and Coinbase. Despite his failed prediction that Bitcoin would reach $250,000 by 2022, Draper has been successful in the past with his predictions. He bought 30,000 Bitcoin for $19 million in 2014, which are now worth over $810 million. Draper has requested an extension on his Bitcoin price prediction and accuses the US government of hindering the growth of blockchain. He remains active as an investor and enjoys playing basketball to stimulate his investment mindset. Draper’s Twitter following has grown organically over the years, and he focuses on posting valuable content for his followers. He relies on a select group of trusted individuals to keep him informed about the crypto industry. Draper is confident in his $250,000 Bitcoin prediction and will step back from making predictions if it doesn’t come true. He is not optimistic about the approval of a Bitcoin ETF in the near future.
