Tim Draper: Governments must hold Bitcoin due to fiat system limits

Speaking at the Bitcoin 2026 conference, prominent Silicon Valley investor Tim Draper highlighted the limitations of the fiat currency system, urging nations and corporations to hold Bitcoin to prepare for a potential systemic collapse. He argued for an inevitable transition in money, progressing from fiat currencies to stablecoins and ultimately to Bitcoin. Draper emphasized that companies should hold 5-15% of their reserve funds in Bitcoin, households should store at least six months' worth of living expenses in the asset, and governments should maintain it as a strategic reserve.