Billionaire Venture Capitalist Tim Draper sang about Bitcoin at Amsterdam Conference 10057
Bitcoin News
Roshni Vayyapuri
May 28, 2018 at 6:31 PM

Bitcoin enthusiast and venture capitalist Tim Draper ended an interview on Friday at a technology conference in Amsterdam by singing about cryptocurrencies. He did rapping along with the song.

He was wearing a purple tie with bitcoin pattern. After completing the on-stage interview, he stood up and sang some lyrics for almost three minutes without any background music.

He sang like this, “We want a new world order/we want to pay across the border, I just wanna be a Hodler on my Bitcoin hustle.”

He sure is an enthusiast of blockchain who is hoping the distributed ledger technology will take over every sector. He further spoke about the blockchain platform’s potential to influence banks, venture capital, and governments tied to geographical locations. He even predicted that bitcoin will reach $250,000 by 2022. He also presented his argument that cryptocurrency will fight the current fall and will rise when more people begin to use and spend.

The bitcoin price fell from 0.8 percent to $7,491.79 as of 12:38 p.m. in New York, according to sources.

Tim Draper has been a constant supporter and enthusiast of virtual digital currencies. He bought 30,000 Bitcoins from the U.S. government auction. He has invested in blockchain startups including Tezos and Bancor.

Tim Draper was present at the GovTech Pioneers conference on 23rd May in Vienna, Austria. Here, he envisioned the potential of blockchain technology to uphold digital governance.

Draper perceived a future where smart contracts and artificial intelligence will help blockchain technology to improve governance. By governance, he implied all the roles, duties and responsibilities. These roles are performed by leveraging ledger technology.

According to Tim Draper, Bitcoin will be much bigger than the internet in the coming years.

"This is bigger than the internet. It's bigger than the Iron Age, the Renaissance. It's bigger than the Industrial Revolution," Draper said at Intelligence Squared U.S. debate presented in partnership with Manhattan Institute's Adam Smith Society on Saturday. "This affects the entire world and it's going to be affected in a faster and more prevalent way than you ever imagined."

 

Image source: Shutterstock