1233: BILLIONAIRE TIM DRAPER SAYS BITCOIN IS A HEDGE AGAINST DOMINO BANK RUN CRISIS!!

1233: BILLIONAIRE TIM DRAPER SAYS BITCOIN IS A HEDGE AGAINST DOMINO BANK RUN CRISIS!!

Source Node: 2545697

Billionaire investor Tim Draper says that Bitcoin (BTC) could be a tool for businesses to hedge against any potential banking crisis.

In a new memo directed at startup founders, Draper says the recent collapse of Silicon Valley Bank (SVB), plus the “over-regulation” of banks by the government means business founders should consider a more diversified strategy of cash management such as the king crypto (BTC).

Learn more about your ad choices. Visit megaphone.fm/adchoices

Time Stamp:

More from Crypto News Alerts