Tim Draper predicts Bitcoin's 30x growth with adoption momentum

Venture capitalist Tim Draper predicts Bitcoin's value could increase 30x, citing its potential as "the currency of the future." In a recent interview, Draper described Bitcoin as undervalued and noted its $2 trillion market cap as a small fraction of the global economy. He expects mainstream adoption to drive significant price expansion. According to The Crypto Basic, Draper envisions Bitcoin becoming standard for payments, including groceries and taxes, within five to ten years. His projection places Bitcoin's future value at approximately $2.9 million per token, though still below Michael Saylor’s $13 million projection. He also highlighted Donald Trump’s pro-crypto stance, including potential blockchain initiatives and a proposed Bitcoin Treasury reserve.