“I’ve always been bullish on Bitcoin — for me it represents freedom, cross-border freedom. I also love the trust element — freedom and trust are a great combination,” he says.
“Another difference is in my outlook. Other investors ask what can go wrong. I ask what if this works? What if it works and something really extraordinary happens to humankind and society — then it might be worth a try.”Draper is very encouraged by the recent news surrounding world governments taking steps toward adopting Bitcoin. He is enthused that countries like Panama, Uruguay and Ukraine look as though they are following El Salvador’s example, where it has become legal tender.
It’s the wrong way to look at it. When countries like El Salvador make these decisions, the money will follow. I’m going to El Salvador myself, as will many more investors. Tim Draper is a popular speaker at crypto conferences worldwide, though more often than not he attends via video.
Source: News Formal (newsformal.com)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hackers Hit Romanian Hospital, Demand Bitcoin Ransom – Bitcoin NewsA hospital in Romania has been targeted in a ransomware attack with the perpetrators seeking payment in cryptocurrency to decrypt its files. Feds - who in their right mind would request Bitcoin as a ransom…. Even hackers got brains.😂 Crypto High levels of security needs to remain a constant priority for both companies and individuals alike.
Source: BTCTN - 🏆 531. / 51 Read more »
US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year – Bitcoin NewsThe number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. Brilliant, but using ChiefraFba for signals and analysis 🏧 👏 🚀 I don’t know why someone should buy 1 BTC at 21k from a machine while it is 16k at an exchange!! I saw this in NYC last week
Source: BTCTN - 🏆 531. / 51 Read more »
Bitcoin, Ethereum Technical Analysis: ETH Lower, as Markets Await Nonfarm Payrolls Report – Market Updates Bitcoin NewsEthereum was marginally lower on December 6, as markets prepared for this afternoon’s nonfarm payrolls report. Cool
Source: BTCTN - 🏆 531. / 51 Read more »
US Bankruptcy Court Rules Celsius Deposits Belong to the Firm – Regulation Bitcoin NewsJudge Martin Glenn, of a New York-based bankruptcy court, ruled in favor of Celsius, stating that it has the right over these cryptocurrency funds, allowing it to harness the assets in any way. This is wrong in so many ways... People have become too lazy to move cash. Soon everyone will turn to crypto. That's a significant step forward for DeFi! This news definitely brings more confidence to the crypto space and shows the potential of these trustless systems to harness the power of blockchain tech. HODLing on! 🚀
Source: BTCTN - 🏆 531. / 51 Read more »
Ukrainian Pharmacy Chain Introduces Cryptocurrency Payments – Bitcoin NewsA major Ukrainian chain of pharmacies, ANC, has started accepting various cryptocurrencies through Binance Pay. Amazing stuff, I only use ChiefraFba for signals and analysis.. 92% win rate in 2 months of copying his signals! $ANC: that's sweet Cool! Sats and crypto are clearly growing in importance in Ukraine. DeFi is empowering people all around the world! Crypto
Source: BTCTN - 🏆 531. / 51 Read more »
US Regulators and the Fed Jointly Issue Crypto Warnings – Regulation Bitcoin NewsThe Federal Reserve and two U.S. regulators have jointly issued warnings about the risks of crypto to banking organizations. Using Chiefrafba for signals and analysis I have a 92% win rate in 2 months See this is the issue; when uptrend? People put money in the banks, nobody complains; when downtrend? Banks complain that the crypto is wicked; nonsense, Decentralization is key; they don't like it it's not controlled; agreed in regulations; but fair regulations
Source: BTCTN - 🏆 531. / 51 Read more »