Bitcoin Could Be Worth an “Infinite” Amount of USD, Says Tim Draper
The post Bitcoin Could Be Worth an “Infinite” Amount of USD, Says Tim Draper appeared on BitcoinEthereumNews.com. Bitcoin Billionaire investor and early Bitcoin proponent Tim Draper has issued a stark warning about the future of the U.S. dollar, arguing that the current economic climate—marked by surging geopolitical tensions and declining trust in fiat currencies—could set the stage for Bitcoin to become the world’s ultimate store of value. In a post shared on X, Draper highlighted how the Confederate Dollar during the U.S. Civil War saw hyperinflation, collapsing from a 1:1 ratio with USD to over 10 million to 1. He compared that historical collapse to what could happen to the U.S. dollar in today’s environment. “Now the US Dollar Index is having its worst start to the year in its 40-year history,” Draper noted, adding that a continued erosion of trust in fiat systems could lead to a dramatic repricing of Bitcoin. Bitcoin vs. Gold: The Better Hedge? While many investors traditionally turn to gold during economic crises, Draper dismissed the precious metal as outdated for modern economies. “Gold doesn’t play in the same league as Bitcoin. It has real challenges around storage and transportation. You can’t pay with gold at Starbucks,” he wrote. He argued that Bitcoin’s transparency, portability, and ease of use make it a superior alternative—especially when compared to traditional inflation hedges. A performance chart included in Draper’s post backed up the claim: Bitcoin outperformed gold between April 23 and April 30, 2025, with BTC rising over 4% while gold dipped nearly 2%. Prepare for the Unexpected Draper closed his remarks with a word of caution: governments around the world are already beginning to hedge by holding Bitcoin in their reserves. In the event of economic breakdown, Draper advises having enough Bitcoin to support your family for at least six months to a year. “If hyperinflation happens, that Bitcoin might last a lot longer,”…
The post Bitcoin Could Be Worth an “Infinite” Amount of USD, Says Tim Draper appeared on BitcoinEthereumNews.com.
Bitcoin Billionaire investor and early Bitcoin proponent Tim Draper has issued a stark warning about the future of the U.S. dollar, arguing that the current economic climate—marked by surging geopolitical tensions and declining trust in fiat currencies—could set the stage for Bitcoin to become the world’s ultimate store of value. In a post shared on X, Draper highlighted how the Confederate Dollar during the U.S. Civil War saw hyperinflation, collapsing from a 1:1 ratio with USD to over 10 million to 1. He compared that historical collapse to what could happen to the U.S. dollar in today’s environment. “Now the US Dollar Index is having its worst start to the year in its 40-year history,” Draper noted, adding that a continued erosion of trust in fiat systems could lead to a dramatic repricing of Bitcoin. Bitcoin vs. Gold: The Better Hedge? While many investors traditionally turn to gold during economic crises, Draper dismissed the precious metal as outdated for modern economies. “Gold doesn’t play in the same league as Bitcoin. It has real challenges around storage and transportation. You can’t pay with gold at Starbucks,” he wrote. He argued that Bitcoin’s transparency, portability, and ease of use make it a superior alternative—especially when compared to traditional inflation hedges. A performance chart included in Draper’s post backed up the claim: Bitcoin outperformed gold between April 23 and April 30, 2025, with BTC rising over 4% while gold dipped nearly 2%. Prepare for the Unexpected Draper closed his remarks with a word of caution: governments around the world are already beginning to hedge by holding Bitcoin in their reserves. In the event of economic breakdown, Draper advises having enough Bitcoin to support your family for at least six months to a year. “If hyperinflation happens, that Bitcoin might last a lot longer,”…
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