Bitcoin bull Tim Draper has made a new prediction about Bitcoin’s performance in an . He also gave statements about the current state of the ecosystem, the blockchain technology and its challenges for the future.He says that despite the fluctuations in Bitcoin’s price, BTC will reach 250,000 USD 6 or 12 months after the Bitcoin halving. The halving will take place in May 2020. He further states:What I hope is that within the next two years, people will have a choice. They’re going to say, do I want to use a credit card that costs me 2.5 to 4% every time I use it or do I want to use Bitcoin that’s frictionless? It bothers me more and more that banks take 2.5 to 4% every time I use my credit card.
This development will have a positive impact on the performance of BTC. However, Draper said it will be a process of several years. People will become increasingly aware of the benefits of using cryptocurrencies versus the traditional financial system.
This statement also refers to the desire of other cryptomarket personalities to have clear and solid regulations. Draper said the world is changing and that people are only just adapting to a decentralized world:The winning governments will be those that understand that the world will be decentralized.
Author : Reynaldo