Tim Draper is doubling down on a pretty extreme take — that one day businesses might stop accepting fiat entirely and only take Bitcoin. He’s been saying this for a while, arguing BTC isn’t just an asset but the future financial system itself, not a competitor to it.
His logic is basically:
fiat keeps losing value → companies look for protection → BTC becomes treasury + payments layer
Sounds crazy today, but then again people said the same about accepting BTC at all.
Curious where people here land this —
do you see Bitcoin becoming a real payment standard for businesses, or staying more of a reserve asset?
Will Businesses Really Switch to Bitcoin Only? Tim Draper Thinks So
byu/Enough_Angle_7839 inbtc
Posted by Enough_Angle_7839
3 Comments
Only custodial. The measly 4 transactions per second of BTC does not allow for p2p cash at scale.
Nope. Way to slow to accommodate business transactions at scale
No. People are not spending money they got in the past, they are spending their spending money and anything left over is invested. So fiat losing value is irrelevant