In 2014, Tim Draper, a venture capitalist, made a bet that the Bitcoin would be worth $10,000 in three years. He paid $632 for each Bitcoin.
In 2017, his prediction came true and he cashed out, making a profit of over $4 million.
Draper is a firm believer in the potential of Bitcoin and blockchain technology. He has said that he believes that Bitcoin will eventually become the global currency.
Draper has also been an early investor in companies such as Tesla, Skype, and Baidu.
What do you think about Tim Draper’s investment in Bitcoin? Do you think it was a wise move? Let us know in the comments below!.