- Tim Draper, the pro-cryptocurrency venture capitalist is predicting Bitcoin at $250,000 by 2023.
- The innovations such as the Lightning Network would be key in propelling the Bitcoin price higher.
Closely followed crypto-enthusiast, Tim Draper, he believes that Bitcoin (BTC) could be worth millions of dollars after 2022 as payment processors allow easier transactions, Tim Draper has forecast.
Draper was speaking during a Q&A session at the Malta AI & Blockchain Summit recently and detailed that the innovations such as the Lightning Network would be key in propelling the Bitcoin price higher.
It’s because of Lightning Network and OpenNode and maybe others that are allowing us to spend Bitcoin very freely and quickly, so that it’s not just a store of value but it can be used for micropayments; it can be used for retail, it can be used all over.
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