American venture capital investor Tim Draper has provided insights into why he believes Bitcoin will surpass fiat currency in the future. Draper, known for his bullish stance on Bitcoin, highlighted the advantages of the cryptocurrency over traditional currencies in a recent interview. He emphasized that Bitcoin’s decentralized network, secured by hundreds of thousands of nodes, is more effective than relying on banks and governments to control national currencies. Draper also pointed out the fixed maximum supply of 21 million coins for Bitcoin, which gives it an upper hand against inflation rates. Despite some previous forecasting failures, Draper remains confident that Bitcoin will continue to rise and gain wider adoption globally.
