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Why Tim Draper Is Betting Big on Crypto

Draper Associates founder Tim Draper says Bitcoin represents “trust and freedom” in the fiat currency world and is a great hedge against inflation. Draper also says he sees cryptocurrencies slowly taking over every industry. He speaks with Bloomberg’s Amanda Lang and Taylor Riggs on “Bloomberg Markets.”

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Draper Associates founder Tim Draper says Bitcoin represents “trust and freedom” in the fiat currency world and is a great hedge against inflation. Draper also says he sees cryptocurrencies slowly taking over every industry. He speaks with Bloomberg’s Amanda Lang and Taylor Riggs on “Bloomberg Markets.”

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51 Comments

51 Comments

  1. Lori Cannon

    November 24, 2021 at 8:05 pm

    Nothing drives his emo 🖤! So go ahead and kiss 💋 my grits. 💅🐈‍⬛💨

  2. Lauren Ashley

    November 24, 2021 at 8:12 pm

    • Lauren Ashley

      November 24, 2021 at 8:13 pm

    • Lauren Ashley

      November 24, 2021 at 8:13 pm

      Wim68 VlA Te le gr am..📧📧,

  3. Eye of Saurona

    November 24, 2021 at 8:25 pm

    Tezos is the worst – no one buys that

  4. JC Awe

    November 24, 2021 at 8:28 pm

    #timedraper

  5. Mike

    November 24, 2021 at 8:28 pm

    It really is bitcoin and then a massive chasm and then everything else. Host wants to conflate it all.

  6. Stannis

    November 24, 2021 at 8:35 pm

    he’s trying to get back that money he lost betting big on theranos

  7. Viktor Raymond

    November 24, 2021 at 8:36 pm

    I think the pandemic has taught people the importance of multiple streams of income,unfortunately having a job doesn’t mean security rather having different deal is the real investment.

    • Viktor Raymond

      November 24, 2021 at 8:45 pm

      Poor people think about what they can buy their money, rich people think about what they can invest in with their money.

    • Doc_ Bradley

      November 24, 2021 at 8:51 pm

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    • Stanley Chigozile

      November 24, 2021 at 9:00 pm

      Crypto is totally profitable!
      I’ve heard a lot about Evelyn
      Carrera, how does she make such profits

    • BlueSea Blog

      November 24, 2021 at 9:39 pm

      I have heard alot about Evelyn Carrera, her news is all over..
      Please can i get more information to reach her.. Need to invest wisely, hope it works out 🙏🙏..
      Am also a blogger ☺️

    • BlueSea Blog

      November 24, 2021 at 9:50 pm

      Thanks…
      Here is the number

  8. Yo

    November 24, 2021 at 8:44 pm

    Damn she doesn’t know how to listen! Sheesh! He stating nothing but facts.

  9. WOKE BEAST

    November 24, 2021 at 9:37 pm

    Bitcoin. Open world economy. Magic.

  10. Palm Tree

    November 24, 2021 at 9:37 pm

    4:04 who buys bitcoin to use it like fiat? No one. I want to flip it and make money off it. Or am I missing the point???

    • funaicha1

      November 26, 2021 at 10:30 am

      You are

  11. Palm Tree

    November 24, 2021 at 9:42 pm

    5:04 your identity lol I have a feeling this was the whole agenda behind crypto. Why would a government hate blockchain when you can easily control your people with it.

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    November 24, 2021 at 10:03 pm

    Great video! Yesterday I bought 13k$ in an accidental dip at 7750$, already made 2341$ in 30hrs. Love this project! Also tried this with 30$ to check if you can withdraw and it worked so thats why i put in a bit much

  13. Tom Riley

    November 24, 2021 at 10:04 pm

    Lmfao, he doesn’t know exactly who is behind Bitcoin tho

  14. Reach out to sheridangeorge11 Gmail. com

    November 24, 2021 at 10:05 pm

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  15. message on Sheridangeorge11 Gmail . com

    November 24, 2021 at 10:13 pm

    the crypto market is one of the most potential places to invest in, in investing in crypto is often risky which draws attention to the huge losses and gains of Investors, if you can manage the risk then you can take advantage of the crypto market to secure your financial position and earn money

  16. Usman Ullah

    November 24, 2021 at 11:30 pm

    That’s some big eyebrows lol

    • paulmichaelmark

      November 25, 2021 at 2:30 am

      Wat about his armpits 😂

  17. ARIA SPENCE

    November 24, 2021 at 11:42 pm

    I want a GREAT HEDGE FOR AMERICANS TO EAT PLANT PASED MEALS ON TIME. AMEN.°°

  18. Moose

    November 25, 2021 at 6:16 am

    I love your tie Tim! 🤩🤩🤩

  19. Jayr Lanning

    November 25, 2021 at 6:22 am

    couldnt you basicly bankrupt Wealthy Countries through the means of people worldwide etc ???? seems like a dirty Trick…

  20. SNG S

    November 25, 2021 at 10:14 am

    Ahhh….yes, true believer of Theranos!

  21. Googlebanmetoomuch 2

    November 25, 2021 at 1:05 pm

    I’m starting my own cryptocurrency. There will only be 10 million coins! Invest now!!!!😎

    • Dave Murphy

      November 28, 2021 at 6:48 pm

      Best of luck. I’ll stick with BTC

  22. Jason Gr

    November 25, 2021 at 1:13 pm

    tezos lol garbage

  23. John Smith

    November 25, 2021 at 2:57 pm

    What an annoying woman

  24. Vincenzo Visone

    November 25, 2021 at 4:54 pm

    I would love to hear how this new decentralized system would likely address the basic unfairness of inherited wealth. I find it very likely all the new bitcoin millionaires will pass their property onto their kids giving them an incredibly unfair advantage over someone without that leg up. Best incomes are passive than capital gains (long-term) than portfolio and dead last is earned income. Investors and newbie need to understand the basic and fundamental movement of the Digital asses in other to grow and conglomerate their portfolio as the price varies in different valuation in all graphical algorithm . Basically , I have been able to grown my portfolio from 0.5 to 5.6 BTC in less than 5 weeks of active Day-Trading maneuvering signals from Dr Benjamin Edginton . furthermore I will advice investors buy and to take advantage of Day-trading as I’m not inimical to Hodling rather I will urge you all to engage in getting Ben Edgintons signals channels . His daily signals are very accurate which yields a great positive return on investment , Ben is available to give assistance to anyone who love crypto trading, you can contact him on WhatsApp:+ 447-883-171-286 and Telegram @ BenEdginton ** for inquires and profitable trading systems…

    • melissadarl123xx

      November 25, 2021 at 5:21 pm

      His signals give you consistent profit and winnings

    • Rick Noto

      November 26, 2021 at 1:57 pm

      Unfair advantage? Tell them kids to get out there and get a job and save their money and then buy their own bitcoin lady. That’s what I did I worked and I saved money and then I invested. You people crack me up

    • James beckenham

      November 27, 2021 at 3:03 am

      @Rick Noto fr she’s mad people who risk their money could have it payoff for their children.

  25. Sobanan Narenthiran

    November 25, 2021 at 5:28 pm

    I think he meant to say Ethereum Name Service token for the crypto addresses 🤯

  26. funaicha1

    November 26, 2021 at 10:30 am

    Don’t mix Bitcoin with the rest of smoke and shitcoins. This guy does not get it.

  27. Vincenzo T

    November 26, 2021 at 1:51 pm

    Tim please please landscape those eyebrows!!!

  28. Michael Reyes

    November 26, 2021 at 7:34 pm

    So much of what Draper said went right over Amanda’s head.. lol.. He just unloaded so much crypto-future knowledge!

  29. Donel Patterson

    November 27, 2021 at 12:12 am

    AABB CRYPTO stock UP 4,000 % in 2021…. New AABBG GOLD-backed Eth tech New Global Currency…Had Large Increase in Token sales in Nov… Only 5.4 mil initial supply compared to 21 mil btc…… Buy the DIPS.

  30. Stevie Wonders

    November 27, 2021 at 1:02 am

    I’ve fallen into the crypto rabbit hole 4 years ago and have never looked back. The US Dollar’s real value is .02 now. Why is the FED buying bonds from banks instead of the US Treasury? It’s pure theft.

  31. Graham Hobbs

    November 27, 2021 at 11:40 am

    Why does this broad need to shout?

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    November 27, 2021 at 1:13 pm

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  33. Jonas Baine

    November 27, 2021 at 7:24 pm

    now a good time to buy CRO crypto coin? .79 currently

  34. M Ac

    November 27, 2021 at 10:23 pm

    If you slept on ANKR yesterday then don’t please DON’T sleep on ASM token it is looking to gain📈 25% on today’s trade. $100mill market cap can easily double! Make that money💪🏾💪🏾

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the market cool-off as investors digest the direction of Fed cuts and Donald Trump’s next moves. And, EV’s take a hit as reports emerge that the $7,500 EV tax incentive will be cut under the new Trump administration. Plus, how one company is growing customers with their plant-based protein.
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