NewsLayer

Install NewsLayer

Get the app experience — one tap from your home screen, instant loads and breaking-news alerts.

NewsLayer.com
LatestDaily BriefMarkets
NewsLayer PulseLIVE₿BTC$82,742+0.20%ΞETH$2,437+0.02%◎SOL$104.96-0.60%✕XRP$1.34+0.84%ÐDOGE$0.0798-1.77%₳ADA$0.2191-1.34%Total Cap$2.90T-0.10%24H Vol$141.5BLayer Index53 Neutral
BreakingPHP Foundation admits ‘structural failure’ delayed critical security fixhace 5 horas
Markets
HomeCryptoPolicy

Crypto|Policy

Tim Draper Says Bitcoin Is Headed for ‘Infinity’ Against Dollar as Growing BTC Payments Could Trigger Bank Runs

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Yahoo Finance

Publisher

Aug 14, 2026 at 9:45 AM UTC · Updated hace 2 meses · 4 min de lectura

Tim Draper Says Bitcoin Is Headed for ‘Infinity’ Against Dollar as Growing BTC Payments Could Trigger Bank Runs
NewsLayer editorial artwork

Key Signal

2027 Zero-fee period ends

Entities

bitcoin

Last Updated

hace 2 meses

Traduciendo…

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.

Venture capitalist Tim Draper projected on Tuesday that Bitcoin will go to infinity against the dollar in a fundamental global shift.

Draper Confident About Bitcoin Adoption

In an X post, Draper attached a screenshot of a March announcement about Jack Dorsey-led Block Inc. launching Bitcoin payments on its Square point-of-sale system.

The feature lets merchants accept BTC payments with no processing fees until 2027. Additionally, a "Conversion" feature will enable them to convert a portion of card sales into Bitcoin.

Don't Miss:

Draper, an early Bitcoin backer, outlined a step-by-step progression for Bitcoin adoption: businesses start accepting it, then exclusively accept it, triggering bank runs and ultimately causing BTC to go to infinity against the dollar.

"The world as we know it will fundamentally change forever as Bitcoin goes infinite against the US dollar," said Draper, founder of Draper Associates.

First they'll say, "We accept Bitcoin."

Then they'll say, "We only accept Bitcoin."

Then there will be a run on the banks.

Then the world as we know it will fundamentally change forever as Bitcoin goes infinite against the US dollar. pic.twitter.com/Gl75HihujT

— Tim Draper (@TimDraper) August 11, 2026

Market Context

₿

Bitcoin

BTC

$82,742

+0.20% (24H)

$84,784$83,736$82,689
6 AM1 PM9 PM5 AM

Market Cap

$1.66T

24H Volume

$27.0B

24H High

$84,840

View Bitcoin Market Page

Article Intelligence

Key Entities

bitcoin

Topics

government-policycrypto

Related Coverage

CryptoGermany's Sparkassen Banks Open Bitcoin Trading to 50 Million Customershace 3 horas · 1 min readCryptoBitcoin, Ethereum, XRP, Dogecoin Rise as Scott Bessent Compares GENIUS Act to Lincoln's Currency Milestonhace 4 horas · 1 min readCryptoLee Hyoung-il Says Crypto Tax Decision Will Follow Review; NTS Notice Due by End-Octoberhace 3 horas · 1 min read
View all related

Sponsored

Ad
House — Advertise on NewsLayer
NewsLayerLearn more

NewsLayer Premium

Unlock deeper intelligence.

Ad-free reading, exclusive research, and real-time onchain insights.

Go Premium
NewsLayer.com

The front page of the onchain economy. Crypto, Web3 and regulation intelligence — live prices, original research and policy tracking in one layer.

Follow on XTelegram

News

  • Latest News
  • The Daily Brief
  • Crypto
  • DeFi
  • Policy
  • Web3
  • Blockchain
  • Explainers

Markets

  • Market News
  • Layer Index
  • Live Charts
  • DeFi Protocols
  • Regulation Tracker
  • Regulation Radar

Company

  • About NewsLayer
  • Advertise
  • PR Publication
  • Become an Author
  • Our Authors
  • Create Account
  • Sign in

Resources

  • Research
  • NewsLayer Originals
  • My Feed
  • Search
  • AI Sector
  • Quantum Sector

NewsLayer Premium

Read the full layer.

Unlock premium intelligence, original research and an ad-free reading experience.

  • Premium Intelligence briefings
  • Ad-free reading experience
  • Members-only research & data
Go Premium

© 2026 NewsLayer.com — The front page of the onchain economy

Privacy Policy·Terms of Service
NewsLayer

Get the signal, not the noise.

Markets, regulation and onchain intelligence in a 5-minute morning read — plus breaking alerts and Layer Index flips as they happen.

The Daily Brief

Breaking alerts

Index flips

Free · No spam · Unsubscribe anytime