🤔 Tim Draper says businesses will soon accept only Bitcoin and drop fiat entirely
Fiat loses value through endless printing while Bitcoin grows long term. Retail starts accepting BTC, then drops fiat, triggering a bank run as everyone moves their money. Companies holding 0% BTC is now financially irresponsible according to him - 5-15% should be the minimum reserve.
Man bought 30,000 BTC in 2014 and is very unbiased about this 🤣