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Cryptocurrency News Articles

Billionaire Tim Draper Predicts Bitcoin Will Reach $250,000 by the end of 2025 and Replace the US Dollar

May 15, 2025 at 04:55 pm

In a recent interview on CoinDesk, billionaire venture capitalist Tim Draper made headlines with his audacious predictions about Bitcoin.

Billionaire Tim Draper Predicts Bitcoin Will Reach $250,000 by the end of 2025 and Replace the US Dollar

Billionaire venture capitalist Tim Draper has once again made headlines with his audacious predictions about Bitcoin, suggesting the cryptocurrency will hit $250,000 by the end of 2025 and replace the U.S. dollar in ten years, sparking lively discussions on the future of global finance.

Draper, an early investor in Bitcoin BTC and other transformative technologies, is known for his bold outlooks on emerging trends. In a recent interview with CoinDesk, he elaborated on his predictions and the economic shifts that might drive them.

“[Bitcoin] will hit $250,000 [by the end of 2025]. I’ve been saying that for a year and a half, and I still say that. It will take about ten years for Bitcoin to replace the dollar and become the main currency in the world.”

His predictions stem from his observations of the U.S. dollar's diminishing role in a world facing inflation, geopolitical instability, and a growing demand for decentralized financial systems.

"The U.S. dollar code will become like the old British pound code—something in a museum that people used to spend their money with," Draper added.

Draper's vision extends beyond mere price speculation; he sees Bitcoin as a catalyst for a broader shift towards a global, trustless financial system, where individuals and institutions can interact directly without intermediaries.

If Bitcoin were to reach $250,000, it would signify an unprecedented surge in value, likely driven by large-scale institutional adoption and a surge in retail interest.

Such a rise could lead to a reevaluation of traditional investment portfolios, with Bitcoin becoming a staple asset class in the holdings of major institutions and sovereign wealth funds.

Moreover, the idea of Bitcoin replacing the U.S. dollar within a decade suggests a seismic shift in international trade and reserve currencies.

Countries and corporations might start holding Bitcoin reserves, as Draper recommends, to hedge against fiat currency devaluation and macroeconomic uncertainty.

However, several economists and financial analysts remain skeptical of Draper's predictions, citing the technical difficulties in processing a large volume of transactions on the Bitcoin network and the potential for a backlash against cryptocurrencies from regulators.

Despite these challenges, Draper's predictions offer a glimpse into the possibilities that some envision for the cryptocurrency sector. As Bitcoin continues to evolve and the global financial landscape undergoes transformation, the coming years may hold surprising shifts in the balance of currencies and the technologies that underpin them.

As of May 13, 2025, Bitcoin's price is showing signs of recovery, trading at around $102,991.26 with a market cap of over $2,007,131,840,550. This recovery follows a period of decline from all-time highs reached earlier in the year, reflecting the cryptocurrency's sensitivity to broader market trends and investor sentiment. Several macroeconomic events are poised to influence the global economy and, by extension, Bitcoin's trajectory.

The International Monetary Fund (IMF) has revised its global growth forecast downward to 2.8% for 2025, reflecting concerns over persistent inflation and geopolitical tensions. This revision suggests a cautious outlook that could impact investor confidence in traditional assets, potentially driving interest towards Bitcoin as a hedge against economic uncertainty.

Furthermore, the World Economic Outlook for 2025 highlights divergent growth paths among major economies, with the United States seeing an upward revision of 0.6 percentage points to 1.9% growth, while the euro area and other world bank macroeconomic forecasts are facing a downturn.

Such disparities in economic performance could lead to increased volatility in currency markets and foreign exchange rates, setting the stage for a re-evaluation of global monetary systems, which might favor Bitcoin's role as a stable and decentralized currency.

Moreover, upcoming policy decisions from central banks, particularly regarding interest rates and inflation control measures, will be critical in determining the stability of existing financial infrastructures or, alternatively, the urgency of a shift towards decentralized alternatives like Bitcoin, as predicted by Draper.

As the cryptocurrency sector continues to evolve and the macroeconomic environment unfolds, the coming months will be pivotal in shaping the future of money and technology.

This article is not financial advice. Always perform your own research before making any cryptocurrency investment.

The post Billionaire Predicts Bitcoin Will Replace U.S. Dollar ‘in 10 Years’ appeared first on Benzinga.

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