India choosing one religion over another makes me seriously concerned about my plans to fund businesses there. #freedom #freedomofreligion. indianexpress.com/article/ex…

Has anyone calculated the energy and the CO2 the existing banking system uses? The buildings, the paper, the bankers themselves? Maybe Elon should not accept Fiat for cars? #bitcoin

Would you switch airlines to get rewarded in bitcoin rather than airline miles?

$250k by end of 2022. Just 5X from here. Looking a lot more likely than when I made the initial prediction three years ago, eh? #Bitcoin

I think Elon is awesome and we are so lucky to have him on our planet, I believe he wants to save the planet with Tesla, make sure we can get off it with SpaceX, and now allow everyone free speech with Twitter, and he does it all profitably. I hope he lives forever!

43.4% capital gains tax might kill the golden goose that is America/Silicon Valley. People need an incentive to build long term #startups of value. In California, that would be a 56.4% tax burden. >50% Spells death to job creation.

Banks don’t like bitcoin because it makes them less relevant, so you are seeing their attempted manipulation over the weekend. #bitcoin $250 k by end of 2022, or early 2023.

#Bitcoin tenX from here by end of 2022 or early 2023.

Gold is dead. It just sits there. Bitcoin moves. Borderless. Permissionless. Programmable. You can’t buy coffee with gold. But with Bitcoin, you can — without banks, inflation, or friction.

Here we go! Entrepreneurs and investors will be on the next flights to El Salvador. Brilliant government move. #freedom #trust #competitivegovernance cnbc.com/2021/06/05/el-salva…

The fear is far worse than the virus. The governments have it wrong. Stay open for business. If not, so many more people will die from a crashing economy than from this virus. #corona #dustbowl #food #clothing #shelter

Good to see @elonmusk reengaging with Bitcoin. I expect he will find #bitcoin to be far greener than the banks. Also, more #free and more #trustworthy. Also, @Jack Dorsey is awesome. And @CathieDWood is brilliant. Delightful to see them all together discussing #bitcoin future.

Just saw the news. Inflation! Are any of us surprised? Government prints more dollars, so the other ones are worth less. Happy to be a #bitcoin hodler. The best inflation hedge.

I have been advocating for CFO's to keep some cash in #Bitcoin for a while now as a hedge against bad government and the banking system. The Silicon Valley Bank crisis might keep companies who didn't buy at least some #BTC from making payroll on Monday. This is a Main St. problem

Wanted to clear something up. I have donated to both the Harris and Trump campaigns. Roughly equal amounts. It allowed my wife and me to meet both candidates and make a more informed decision. I have come to the conclusion that both candidates have their hearts in the right place, and while they would set different paths for America, I am optimistic that either path will be a positive step. I am endorsing both candidates.

Oops! I predicted $250k in 2022. My tweet last night was missing a zero. $250k is the number!

People behaving badly! India's government banned Bitcoin, a currency providing great hope for prosperity in a country that desperately needs it. Shame on India leadership. Pathetic and corrupt. #India #bitcoin

Finally!! Now you will be able to use bitcoin to buy Starbucks, Amazon.com, Teslas, houses, etc. Fast transactions! #bitcoin #drapervc news.yahoo.com/bitcoin-payme… news.yahoo.com/bitcoin-payme…

BBB just printed $1.7 Trillion. The dollar is looking like the confederate dollar used to look. #Bitcoin looking even better. #hedgeagainstinflation

Sure enough, #bitcoin uses less energy than the banking industry. And it scales up without commutes and customers driving to local branches. Long term #bitcoin wins. link.medium.com/rpfw8VxKfgb

#Bitcoin reaches $1T market cap. Big milestone. Many more to go.

A big win for #freedom #crypto Thanks to Chris Larsen and team @Ripple for their efforts. cnbc.com/2023/07/13/xrp-surg…

* U.S. Tax revenue: $2,170,000,000,000 * Fed budget: $3,820,000,000,000 * New debt: $ 1,650,000,000,000 * National debt: $19,271,000,000,000 * Recent budget cuts: $ 38,500,000,000 Let's now remove 8 zeroes.

Hi @elonmusk , I would like to buy a @tesla cybertruck. Although I personally would rather keep my own #bitcoin, you can accept #bitcoin through our @drapervc company @OpenNodeCo .

Bitcoin true believers can confidently ride this volatility out. Global currency demand continues to grow unabated.

The antidote for oppressive government and runaway taxes is....#Bitcoin.

Regulation by enforcement. That is what they do in Russia. The SEC forgot that the USA is the land of the free. Our country needs to set clear boundaries and enforce them, not force litigation to decide how the rules work. #bitcoin #freedom #trust nytimes.com/2023/06/06/busin…

FTX. So sad. A clear argument against centralized (leverageable) currency, whether crypto or fiat. Bitcoin and Tezos are decentralized and safe. Tragic for those who used FTX for custody. The unlevered Coinbase, and self-custodied Ledger are the future. #bitcoin #trust

Free this entrepreneur, Ross Ulbricht. He has been in prison for about 5 years. That is enough. I cry when my dog... change.org/p/freerosspetitio…

This is a great video from President @nayibbukele of El Salvador. He is a fresh face of visionary global politics speaking plainly and clearly about #bitcoin and #health at a time when most governments are flailing.

We are very excited to partner with @Cardano_CF on the @Draper_U x Cardano Founder Residency and support UTxO-based startups building the future of Bitcoin Defi 🙌 Apply now: draperuniversity.com/cardano

Nasdaq down 3.4% Dow down 2.9%. Bitcoin up 3.2%. Bitcoin may be a remarkable hedge. #bitcoin

Cut 8 zeroes, It's a home budget: * Annual family income: $21,700 * Money the family spent: $38,200 * New debt on the credit card: $16,500 * Outstanding balance on the credit card: $192,710 * Total budget cuts so far: $385

Companies should buy at least two payrolls worth of #bitcoin or they are rolling the dice with their employees lives on banks. #SVBCollapse #trust #freedom #BTC

I do not like the label @Bitcoin maximalist. I'm an innovation maximalist. Bitcoin is incredible. It’s transparent, keeps perfect records, immutable, transparent, global, accepted everywhere and has a 63% market share in crypto. One thing people don’t focus on is that Bitcoin is a tool that allows for innovation. Bitcoin is about investing in a great future where: • Artists get paid instantly for their work • Small businesses access global markets without banks • Creators own their audiences directly without having to pay platforms 30% • Innovation moves at the speed of code, not committees Innovation/Progress is the goal.

See t-shirt. $250k by 2022. My prediction was off by a bit. Hasn’t made it there…yet. Certainly before the halvening. #truebelievers #bitcoin #worldoftrust #freedom #hodl

See if you can figure this one out. I invested 300BTC for 4% of a startup. they returned me 15 BTC 10 years later. In dollars, it was a 15X on my money. #bitcoin #dobusinessinbitcoin #Freedom #trust

This is government math. Do you really want to hold government currency? #bitcoin #trust #freedom

Re: #SVB. Does the rapid change in rates after huge government spending mean that this administration was sabotaging the economy or just asleep at the switch? Either way, time for a change? Also, Central banking has run its course. #BTC in Ledgers is the safest money out there.

I am always for free trade, but I totally get it. President Trump is doing what needs to be done. The other countries have been taking advantage of the US’s decades of benevolence, and they should understand it is a two-way street. Weak leaders like socialist Xi will allow their egos to get in the way of their nation’s progress, but most country's smart leaders will take a practical view and lower their own barriers for reciprocation. If they don’t, the US will get more income from them. I think the Fed is missing the big picture. They should be opportunistically lowering interest rates for the onslaught of new US jobs rather than living in fear of stagflation. Innovators thrive in this kind of environment. We expect to invest more of Draper Associates venture money in the US now. All scenarios are good for Bitcoin buyers. It is inflation resistant and innovation forward.

Looks like #Bitcoin is the safest money out there. #trust #freedom

Here we go! Entrepreneurs and investors will be on the next flights to El Salvador. Brilliant government move. #freedom #trust #competitivegovernance ⁦@Bitcoin⁩ #bitcoin cnbc.com/2021/06/05/el-salva…

#inflation continues to rear its ugly head. Bureaucrats are playing with our livelihoods, jobs, prices, etc. #bitcoin is the solution. #freedom from political manipulation. #trust in the blockchain, which keeps perfect records on the (fixed at 21 million) bitcoin.

I don't normally give investment advice, but this is worth watching today. cnbc.com/video/2020/02/24/wh…

Bitcoin recently hit 61% market share, up from 40% after the first boom-bust cycle and 50% after the last one. There is a gravitational pull toward Bitcoin. All the successful innovations on other platforms are being now ported to Bitcoin. This matters so much more than people realize. All the innovation that started in altcoins (smart contracts, blockchain applications, ordinals) is moving to Bitcoin. I liken this phenomenon to Microsoft in the operating system days. When Lotus 1-2-3 took off, Microsoft created Excel and brought it into the OS. WordPerfect succeeded, so Microsoft built Word. Then Microsoft bought PowerPoint early. All of these applications became standard with Microsoft, while the early startups were marginalized. Bitcoin is worth $1.8 trillion. The next largest token, Ethereum is only worth $250 billion. Bitcoin gets most of the programmers now. They are gravitating toward Bitcoin. The five applications that really matter are being built on Bitcoin—DeFi (Peer to Peer Payments, Trading, Exchanges, financial inclusion etc), Smart Contracts (supply chain transparency and traceability, asset trading and resource tracking) , Ordinals, Runes, and Layer 2 solutions like low cost micropayments. This gravitational pull is accelerating. We've launched a Bitcoin accelerator with @BoostVC and our own @Maxime_Bucaille. We’re two sessions in, and the results are fascinating. Every entrepreneur building on Bitcoin has the entire ecosystem's momentum behind them. Smart entrepreneurs are always building on the platform with the strongest gravitational pull. That platform is Bitcoin. When people ask what Bitcoin will be worth in 5 years, I say it will be worth one bitcoin. It may be infinite against the dollar as the dollar continues to inflate into nothingness.

Interesting point of view from Mexican billionaire. He calls fiat a fraud since governments keep printing it irresponsibly and tells his followers to buy #bitcoin.

This is a great starter video for people who say they don't understand why we have #Bitcoin. #bitcoin protects human rights! #HumanRights #global ly. reason.com/video/2021/02/05/…

With President Luis Lacalle Pou of Uruguay. Possibly the best world leader I have ever met. When I asked him how he should be addressed, he said, “Luis, I am only President for 5 years. Luis all my life.” #freedom #trust

The deadwood of the Bitcoin ecosystem is leaving now. Our faith in the crypto economy will be well rewarded.

This is the best interview on #Bitcoin I have seen. I would call it required viewing for anyone who would like to better understand what is going on. piped.video/watch?v=Awh-aKur…

He is completely out of touch, and is driving entrepreneurs out of our country. #bitcoin #freedom #economy. Does he have any idea where all the new jobs, and almost all of the innovations come from? They come from entrepreneurs who are starting to leave US bitcoinmagazine.com/business…

Silicon Valley startups are relocating to Europe, Middle East and Asia. Coinbase and Gemini are moving out of the US for regulatory reasons. Dubai, London and Singapore are eating into New York's blockchain leadership. This exodus is not good for US jobs, economy, homelessness.

So much for my predictive abilities...It is June 30, 2023. When Bitcoin was $4000, I predicted it would reach $250k (60X) by now. It has only reached $30k (7X). I guess we have to wait a little longer, (maybe 2 years) but engineers are hard at work. #bitcoin #trust #freedom

Bitcoin might go infinite against the dollar. On the heels of the recent surge, I’m still expecting Bitcoin to reach $250,000 this year. Whether Bitcoin will keep gaining ground that fast, who knows. But the main factors pushing it forward right now are: → General optimism as Trump works out trade deals → Incoming regulatory frameworks the industry’s been asking for → Web3 apps built onto the Bitcoin blockchain Plus banks are adding it to their offerings. Even longtime holdout JPMorgan plans to offer it soon. Businesses are piling in, bringing it further into the mainstream. Bitcoin is extremely low risk compared to some other cryptocurrencies and stocks because people believe in it. It’s earning the title of a store of value. Meanwhile, Layer 2 solutions give Bitcoin the flexibility of Ethereum while keeping the solid foundation. The smart money sees what comes next.

The future is crypto. Let's help everyone understand it's importance to the entire world.

Great to see @VeChainOfficial team up with Draper University to bring entrepreneurs together to build on the VeChainThor platform. Gain access to @Draper_U entrepreneurial education in addition to VeChain technical resources, check it out! drapervechain.com/

It may be that my math is wrong, but how does $300 billion in additional government spending LOWER inflation???? #InflationReductionAct #bitcoin #freedom #trust

Still #bitcoin #bullish thestreet.com/investing/bitc… thestreet.com/investing/bitc…

Another country making #bitcoin a national currency. coindesk.com/policy/2022/11/… #freedom #trust

My son beat me to the best investment of the decade. @Brian_Armstrong walks into my office to pitch @Coinbase. My son, @AdamDraper was there and we love the pitch and love Brian. I want in immediately, but I'd already invested in @CoinLab (a startup with a similar premise). So… I passed on the seed round. Oops. My son didn't have that conflict and invested in Coinbase's first round at a very good price. I finally got in at the growth round, and then our fund joined at pre-IPO. Both were great successes, but my son’s returns solidly beat my own. Good to see that each generation gets better than the one before.

Bitcoin might be worth an infinite amount of USD. During the Civil War, the south’s Confederate Dollar went through hyperinflation. After starting 1:1 with USD, it ended the war at over 10 million to 1. People lost faith and scrambled to trade their cash in for USD. But now the US Dollar Index is having its worst start to the year in its 40 year history. And if geopolitical tensions escalate to extreme levels, faith in the dollar may fall much farther. Bitcoin, on the other hand, will continue to have open and transparent record-keeping and be easy to store. And forget gold. 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. Governments are already hedging against this future by holding Bitcoin in their strategic reserves. So if the system breaks down you don’t want to be the one clamoring to withdraw cash from the bank or hoarding gold in your room. You want to have enough Bitcoin to hold you and your family over for six months to a year. Or, if hyperinflation happens, that Bitcoin might last a lot longer.

I've backed some incredible founders over the years. But watching my son @AdamDraper raise $87,654,321 for Boost VC's fourth fund? That hits different. VC is our family trade. It's what we do. And Adam? He's not riding coattails. He dropped out of UCLA. Built his own thing. Pivoted when it didn't work. Started @BoostVC from scratch. 13 years later: - First two funds returning 2.15x and 4.35x DPI - Portfolio includes @Coinbase and @Colossal Biosciences - Averaging a deal a week with a 90% referral rate - Seeded @RadiantNuclear in a 20-minute first meeting (they just closed $165M Series C) Four generations now. From my grandfather William in 1959 to Adam today. Adam was asked about nepotism. He said, “It is not nepotism. If my dad was a farmer, I would be a farmer, maybe a better one.” That's a craft being refined and passed down through the generations. In addition to son Adam Draper, @JesseDraper runs @HalogenVC. @Billy_Draper runs Path Ventures. The trade continues.

#bitcoin This is exactly what #bitcoin is about. A check on central authority. A check on fiat monopolies. Naturally a former Fed Chair would not immediately want to recognize this new check on Fed power. She will come around to see the light for the good of Americans.

I am very excited about President Trump, Elon Musk and the new administration. Every line of regulation they roll back creates a new job in the private sector. Every job they cut in the government will create three jobs in the private sector. Every major department they eliminate will create 100,000 jobs, and if they eliminate the SEC, the private sector will create one million jobs. #trust #freedom

Let’s blow through the trading range for #bitcoin this time. Can anyone say “$80k by Friday?”

Spread the word. #freeross @free_ross change.org/p/freerosspetitio…

This is outrageous! Infuriating. Are all great entrepreneurs suddenly responsible for every bad thing anyone has done with their product? This is a dangerous precedent. Is Starbucks responsible for everyone who has done something unlawful after they drink coffee? Is Apple responsible for every indiscretion anyone has had with an iPhone? France! Release this man! theblock.co/post/312939/tele…

In uncertain times, one thing is valuable everywhere, #bitcoin. Travels across borders. Decentralized. Immutable. Liquid. Global. The ultimate hedge against government spending.

Brilliant experiment. I am looking to buy 50,000 acres in Nevada. futurism.com/the-byte/nevada…

A renaissance for India. Now crypto is legal. #bitcoin #india inc42.com/features/keen-to-i…

Reason # 541 that we like Bitcoin better than fiat. The Fed never gets it quite right.

I am embarrassed to say it took me several months before I listened to this talk. Please, please, please! Free this man! #FREEROSS. Please listen. @POTUS Ross Ulbricht interview broadcast at Bitcoin2021. #Bitcoin #Freedom #Trust piped.video/1UkiWqgaQbc via @YouTube

Wow! and this #bitcoin prediction comes from a banker!ibtimes.com/bitcoin-price-pr…

California spends $14.5 billion on prisons. There are 120,000 prisoners. That is $120,000 per prisoner. #degov #freedom #trust

Bloomberg news asked me to comment on Trump's reopening plan. They wouldn't print it. So I will print it in the next two tweets.

My list for 2030: 1. @Bitcoin 2. @EtheriumToken 3. @coinbase 4. @binance 5. @SpaceX 6. @Tesla 7. @amazon 8. @planet 9. @Ledger 10. @Apple. What is yours?teddit.net/r/stocks/comments….

Bitcoin transaction made in space: SpaceChain announced the successful execution of the first multisignature blockchain transaction in space, marking the completion of a significant milestone supported by the European Space Agency (ESA) @draper_u alum! Zee Zhang

All that hard work France put in to the Olympics erased with one stupid act of authoritarianism. #freePavel.

The dollar is going extinct.  People will rush to spend it as it loses value. Retailers will soon prefer Bitcoin. And when they do, that’s when people will start spending Bitcoin.

I am looking for two Analyst/Associates to join our VC team at Draper Associates. Bitcoin, crypto, digital healthcare, or data tech education or experience preferred. DM me @timdraper on Twitter.

I hear some whales are selling. They must want to be minnows. # bitcoin

Serious winds (of change) at our block (chain) party last night. Predicting bitcoin at $25k by 2022.

Apparently, my previous post timing was not good. My apologies. I do believe that this 2-week lockdown is a good idea to flatten the virus curve. After that, let's all get back to work to get the economy back on track.

I had hoped for better things from India’s new government...#india #bitcoin inc42.com/features/will-set-…

Interesting. A major banker disses Bitcoin publicly, then when the price drops, his firm buys a bunch of it. #cryptoclepto

The institutional FOMO is real. We're watching banks and boardrooms across America scramble to figure out Bitcoin custody. Companies that laughed at the idea 2 years ago are now asking "how fast can we get this on our balance sheet?" Here's what I told Vince Quill on the “Decentralize” podcast with @Cointelegraph: → It's becoming irresponsible NOT to own @Bitcoin →Any corporate treasury department that doesn’t own Bitcoin is risking accelerating losses to the inflationary dollar. →Any family that doesn’t own at least 6 months of Bitcoin runs the risk of being in the back of the line when there is a run on the (fiat) banks. →Even governments that don’t put Bitcoin into their treasuries run the risk of becoming marginalized by their own overspending. → The dollar vs Bitcoin dynamic is reaching a tipping point We covered everything from El Salvador's strategy to why @MicroStrategy got it right early, and what this means for the next wave of adoption. My prediction stands: $250K @Bitcoin by the end of 2025. The fundamentals are stronger than ever. Listen wherever you get your podcasts.

This man is going to save @Argentina. Javier Milei gives the clearest argument for capitalism over government controlled collectivism I have ever heard. Learn from this man. @Davos piped.video/watch?v=Pfcd0gWN… #freedom #trust #bitcoin #orwhatever

Economics 101. Inflation up. #Bitcoin up. Government debt troubles. #Bitcoin up. Government spending. #Bitcoin up. What did we learn today? #trust #freedom

Project Crypto looks awesome! My hopes to raise a fund all in bitcoin, invest it all in bitcoin, and have startups pay all their employees and suppliers in bitcoin, with all the accounting done on the blockchain with smart contracts is in sight. Imagine, a full ecosystem with all accounting, auditing, taxes, bookkeeping and ownership transfer done—in software!

DraperTV is Now Live Streaming on @pumpdotfun At @StreamDraperTV, we’re always looking to explore new frontiers, and that includes experimenting with emerging crypto platforms that bring creators and communities closer together. You can now watch all our content on @pumpdotfun - pump.fun/coin/CPLTbYbtDMKZtH… For the audience engaged in our stream on pump, we'll be sharing DraperTV exclusive rewards to our community there over the next few months - so stay tuned! We may be dropping our first reward announcement early next week… I’ve spent my career investing in disruptors, from Bitcoin to Tesla to Skype, because I believe innovation thrives at the edges. Web3 is one of those edges. As a first investor in @twitch I'm always looking for ways to promote UGC and the creator economy. Just as the internet transformed communication, decentralized media could transform how stories are told and shared. We’re excited to learn from this experiment and continue pushing the boundaries of how ideas reach the world. This is not an endorsement of speculation or trading. It’s an experiment in distribution, to understand how blockchain technology might shape the future of media ownership and engagement.

Riddle: Governments need me to prop up their treasuries, companies need me to cover payroll in a bank failure scenario. And families need me to cover their expenses if and when retailers stop taking fiat. What am I? #Bitcoin

Inflation fears bode well for #bitcoin. Time to get that #Coinbase wallet and hedge against the onslaught?

My grandfather was the first Silicon Valley venture capitalist. He started Draper Gaither Andersen in 1957. My father was a pioneer in venture capital, built Sutter Hill Partners and was the first VC in India. My mission has been to spread venture capital and entrepreneurship to the world. We call it, “Funding the Rebellion.” We all started with the same core belief: "Back people with vision who want to change the world." The fundamentals haven't changed. Dad taught me something his father taught him: "It doesn't matter who's buying or selling. The human connection matters most." That took the fear out of every pitch I've ever made. I firmly believe that safe bets are actually the worst bets in VC. “Safe" means consensus. And consensus means you're already too late. My son Adam didn't hesitate on @Coinbase's seed round when I had to pass due to conflicts. His returns crushed mine on that one. That's how progress works. Each generation gets better tools, takes bigger risks, and moves faster than the one before. The game evolves. The spirit stays the same. Full video created by @Kuprel.

Some tips for business cash management post SVB. acrobat.adobe.com/link/revie… #bitcoin #trust #freedom

According to @StatistaCharts, #Nigerians are 5 times more likely to have #bitcoin wallets than #Americans--34% vs 5%. #bitcoin=financial inclusion! And when Americans see the inflation our government has wrought, it should be awesome for #bitcoin.

Congratulations to Gary Gensler on his appointment to become SEC Chief. #bitcoin is in good hands. See our interview. Tim Draper's Fireside Chat with Gary Gensler | BEF SF 2018 piped.video/BLqB7OwkI00 via @YouTube

In a turn of events, #bitcoin miners are signing deals with Texas electrical grid providers to get paid to turn off during peak demand. Bitcoin miners help with electrical grid management. #bitcoin #trust #freedom

Lebonese would rather take #Bitcoin for their salary than local currency. I am sure the same is true for Argentinians, Nigerians, Venezuelans, and after the $9T bailout, Americans too? #competitivegovernance

Methinks China doth protest too much. Every other weekend they make another identical announcement and it still makes the news. Bo—ring. #bitcoin is rocking the world! China spreading FUD. apple.news/AKJx-isKtTz6jC-5Z…

McDonalds, many others using @OpenNodeCo to accept #bitcoin in El Salvador. Panama expected to follow suit. apple.news/AWzT-hrqSQYqdChtB…