Tech billionaire Tim Draper reveals that in addition to 30,000 BTC, he owns a number of altcoins.
Tim Draper, a renowned venture capitalist and tech billionaire, has bought nearly 30,000 Bitcoin (BTC) seized from Silk Road. He says his holdings of the cryptocurrency are at least six different. Of the encrypted property.
At a recent investment conference, Draper revealed that his assets include Bitcoin Cash (BCH), Ripple (XRP), Tezos (XTZ) and Aragón (ANT).
"I am a believer, I think this is happening - [Adoption] is coming, it is very important for the world and I want the world to know about it and hope the rest of the world starts."
Draper's comments came just three weeks after his Twitter account appeared to have cracked BCH promotion, dubious tweets reported that VC had bought BCH and thanked Roger Ver for a false bill that incorrectly mentioned BCH. To give "The novelty"
But the truth is that Bitcoin Cash is damaging at the event.
Draper has been an active cryptocurrency investor for seven years and has invested millions of dollars in startups and growing projects, including Coinbase, a major cryptocurrency exchange in the United States in 2019, he announced. That he has completely switched from public stocks to digital currencies.
For a long time, Draper was known for dealing with altcoins, insisting his money was involved in the Tezos ICO after filing a class action lawsuit against the project in 2017.
At the Quora forum in October 2019, the billionaire felt that DLT payment processor Ripple was doing the right thing and was preparing for `` rapid growth '' that resulted in a massive increase in prices by adding :
"If we look at Bitcoin's triple growth over the past five months, we can expect XRP to have similar results."
It shows that even the billionaire can not predict the price well.
Earlier this year, he received a $ 1 million investment in exchange for Ethereum-based Aragon (ETH) project to receive $ 1 million worth of ANT tokens, which received 2.52% of the total token issuance.
His investment in BTC appears to be inferior.In 2014, he bought 30,000 BTC for $ 632 apiece. The initial investment of BTC was estimated at $ 315 million, an increase of more than 1500%.
Draper also reiterated its 2018 forecast that the coin will rise to more than $ 250,000 over the next two years at the beginning of this year, so it is unlikely to go on sale anytime soon.If that happens, the value of BTC will be high. Up to $ 7.5 billion.
well written