Tim Draper is a venture capital investor and founder of Draper Associates and Draper Fisher Jurvetson. His original suggestion to use "viral marketing" in e-mail to geometrically spread an internet product to its market was instrumental to the successes of Hotmail, Skype, and Yahoo Mail. It has since been adopted as a standard marketing technique by hundreds of businesses. Draper has been recognized as a leader in his field through numerous awards and honors. He has been ranked 46th on the list of the 100 most influential Harvard alumni and 7th on the Forbes Midas List.
More About Tim Draper
“The formidable Silicon Valley venture capitalist became a Bitcoin enthusiast before it was cool.”
Tim Draper argues, "In five years you're going to walk in and try to pay fiat [a government-backed currency like the U.S. dollar] for a Starbucks coffee, and the barista is going to laugh at you, because they're going to say, 'What is this? Are you counting out pennies?'”
Tim Draper argues, “People ask me, ‘Are you going to sell your bitcoin [for fiat]?’ and I say, ‘Why would I sell the future for the past?’”
Tim Draper says that the world of crypto is open and transparent, and his Bitcoin is more secure than his dollars.
Tim Draper discusses the future of commerce, and it’s centered around cryptocurrency.
Tim Draper argues that bitcoin is “the greatest technology since the internet … This is a sociological transformation, it’s a movement.”
Tim Draper argues that “governments like China will be the big losers as this technology spreads and is enhanced by brilliant engineers and entrepreneurs who can now move freely to other countries.” But “Japan, who made Bitcoin a national currency, will be a big winner.”
In a trip to Argentina, Tim Draper “described bitcoin as ‘a social transformation’ and ‘a new form of global currency’ to local media.”
“Draper, an early supporter of bitcoin and its underlying blockchain financial ledger technology, told Reuters in an interview he will for the first time participate in a so-called ‘initial coin offering’ (ICO) of Tezos slated later this month.”
Back in 2015, Tim Draper predicts the future success of bitcoin.