Tim Draper: I've been buying more bitcoin

Tim Draper, an early investor in Tesla and Skype, said in an interview that "I've been buying more and more bitcoin".
In July 2014, Tim Draper bought about 29,656 bitcoins at an auction organized by the U.S. Marshals Service for about $19 million, with an average purchase price of about $640. These bitcoins were seized by the US government during the Silk Road law enforcement operation. Tim Draper has repeatedly expressed his optimism about the future potential of bitcoin, believing that bitcoin can provide liquidity to emerging markets and protect against currency devaluation.