Cointime

Download App
iOS & Android

Billionaire Tim Draper Tells Businesses to Hold Bitcoin in the SVB Aftermath

Billionaire venture capitalist Tim Draper believes businesses should hold “at least two payrolls worth of cash” in Bitcoin (BTC) and other cryptocurrencies.

He said businesses need to diversify and decentralize to remain sustainable in the current economic conditions. Such bank collapses will become more likely if governments continue over-printing money and whipsawing the interest rate to contend with the resulting inflation.

Comments

All Comments

Recommended for you