Billionaire venture capitalist Tim Draper has once again delivered an extremely bullish prediction for Bitcoin.
He has argued that the cryptocurrency could eventually go "infinite" against the U.S. dollar due to accelerating adoption.
Draper made the prediction on X after commenting on the growing adoption of Bitcoin payments. "First they’ll say, 'We accept Bitcoin.' Then they’ll say, "We only accept Bitcoin,'" he wrote. He then predicted that a run on banks would follow, eventually leading to a fundamental transformation of the financial system.
The venture capitalist concluded that Bitcoin could "go infinite against the US dollar."
In the meantime, Bitcoin payment adoption continues to expand. In March, Block began automatically enabling Bitcoin payments for eligible U.S. Square sellers. The rollout was expected to reach millions of merchants.
Crypto-friendly states are winning
The venture capitalist's Draper Innovation Index has recently shown U.S. states are creating favorable conditions for entrepreneurs.
Texas, for instance, climbed to fourth place in the March 2026 U.S. ranking. Oklahoma rose to 15th. Cryptocurrency and blockchain investment have contributed to the outperformance of these states.
Draper has also continued to dismiss concerns about the technological threats that $BTC is facing. In June, he argued that quantum computing is more likely to compromise traditional banks before it compromises Bitcoin.
In a March interview, Draper compared the transition from traditional banking to Bitcoin with the shift from horses to automobiles.
