Billionaire Tim Draper Predicts Bitcoin Will Replace Dollar in 10 Years

By: bitcoin ethereum news|2025/05/14 09:45:04

Billionaire investor Tim Draper believes Bitcoin will overtake the U.S. dollar as the dominant global currency within the next decade. Speaking recently, Draper said this shift could happen in ten years or less, marking the end of fiat money as we know it. Draper reiterated his $250,000 BTC price prediction by the end of 2025, and went further, claiming that Bitcoin’s value will become “infinite” against the dollar once fiat ceases to be used. “If I can pay for food, housing, and even taxes in Bitcoin, there’s no point in holding dollars,” Draper stated. He argued that Bitcoin offers better security, efficiency, and trust than traditional banking systems, which have faced growing skepticism—especially after the 2023 collapse of Silicon Valley Bank (SVB) and the shutdowns of Signature and Silvergate banks. Many in the crypto community suspect these closures were influenced by the government-backed Operation Chokepoint 2.0, aimed at cutting off crypto firms from the financial system. Draper also criticized U.S. tariffs under President Trump, calling them anti-free trade and suggesting they accelerated dollar weakening and Bitcoin’s rise. The U.S. Dollar Index dropped 8% to 99.96 by early 2025—its lowest since April 2022. He sees stablecoins as a temporary bridge, but ultimately flawed like fiat, believing Bitcoin’s superior technology and decentralized nature will make it the global standard for storing and transferring value. Reporter at Coindoo Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets. Related stories Next article !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod?n.callMethod.apply(n,arguments):n.queue.push(arguments)};if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';n.queue=[];t=b.createElement(e);t.async=!0;t.src=v;s=b.getElementsByTagName(e)[0];s.parentNode.insertBefore(t,s)}(window,document,'script','https://connect.facebook.net/en_US/fbevents.js');fbq('init','1188189499475368');fbq('track','PageView'); Source: https://coindoo.com/billionaire-tim-draper-predicts-bitcoin-will-replace-dollar-in-10-years/

A Polymarket user supported nearly half of Trade.xyz's "active addresses" with 34,000 wallets, yet contributed less than 1% of the trading volume. The real support for the market comes from market-making institutions like Jump, Selini, and Wintermute, as well as a group of directional traders crossi...

Binance quietly placed a bet on a leading large model company

In the past year, YZi Labs has significantly accelerated its investments in the AI field, from educational agents to physical robots, and then to large models, with crypto capital and AI technology rapidly integrating.

Best Crypto Discord Server 2026: Why Jacob’s Crypto Clan Is Gaining Massive Attention

Jacob’s Crypto Clan has grown into one of the most active crypto Discord communities, with over 45K members and continuing to expand. This rapid growth reflects strong demand for structured trading insights and real-time collaboration.

Tom Lee Buying ETH: Why Wall Street’s Loudest Ethereum Bull Keeps Doubling Down

Tom Lee keeps buying ETH through every dip, every drawdown, and every moment of market doubt. Inside the strategy that's turning Ethereum into a treasury asset — and what it signals for the rest of the market.

Stripe Sessions 2026: AI Agent, Global Payments, and Invisible Crypto Infrastructure

Stablecoins have finally begun to enter the real business world, but this time, the main character may not be exchanges, wallets, or public chains, but Stripe. It encapsulates KYC, wallets, gas, compliance, and settlement, allowing businesses to access on-chain assets just like using regular payment...

Where will South Korea's cryptocurrency taxation head?

There is little time left before South Korea implements cryptocurrency taxation, but the current tax laws only cover simple spot and currency-to-currency transactions. Driven by the international tax information exchange standard (CARF), South Korea is comprehensively building an intelligence analys...

Legendary investor Naval: Apple is dead, SaaS will follow suit, and entrepreneurs have 18 months to reshape their moats

"You can continue to hold Apple stock. Just don't expect that what you hold is stock in a growth company."

Morning Report | Visa includes Polygon in its global stablecoin settlement program; MoonPay invests $100 million to acquire security company Sodot; Digital wallet platform Belo completes $14 million Series A financing

Overview of Important Market Events on April 29

Full text of the Federal Reserve's decision: Holding steady for the third consecutive time but increasing divisions

The Federal Reserve has kept interest rates unchanged for the third consecutive time, but there were internal voting disagreements, with one official advocating for a rate cut while three others opposed signaling easing. The situation in the Middle East and fluctuations in energy prices further ampl...