Infinite Money Printing Bailouts Amid COVID-19 Are Insanely Bullish For Bitcoin: Tim Draper
Published by Brenda Ngari
zycrypto.com
zycrypto.com
ZyCrypto via zycrypto.com
While this endless money printing is unlikely to save the economy in the near future, it has sure put bitcoin on a path to success. Nonetheless, these trillion-dollar bailouts will take years before they take effect and get the economy back on its feet, serial investor and Bitcoin bull Tim Draper observed during a recent interview.
According to Draper, people will start thinking about how to use things like bitcoin, smart contracts, and artificial intelligence. Draper notes that the banks will flood the economy with so much money and that money is eventually going to be “worth less, and less and less”.
According to Draper, people will start thinking about how to use things like bitcoin, smart contracts, and artificial intelligence. Draper notes that the banks will flood the economy with so much money and that money is eventually going to be “worth less, and less and less”.
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