Tim Draper predicts bitcoin price will reach $250,000 by the end of the year

Billionaire venture capitalist Tim Draper predicts that the price of bitcoin will rise to $250,000 by the end of 2025 and overtake the dominance of the U.S. dollar within a decade. Draper recommends that every corporate finance department hold bitcoin reserves in case of fiat bank runs and a global shift to the bitcoin standard.