Draper Forecasts Bitcoin Price Surge to Uncharted Territory

Billionaire venture capitalist Tim Draper remains extremely bullish on Bitcoin's prospects. In a recent post, he predicted that the cryptocurrency could eventually 'go infinite' against the US dollar due to accelerating adoption.

This isn't the first time Draper has made such a prediction. He argued in June that quantum computing is more likely to compromise traditional banks before it affects Bitcoin.

Draper also compared the transition from traditional banking to Bitcoin with the shift from horses to automobiles, suggesting it's inevitable.