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Bitcoin will replace the US dollar 10 years ago, says the VC TIM DARPER


Within a decade, Bitcoin will replace the US dollar dominance and become the standard currency that supports the international economy, according to Tim Dierber, the billionaire capitalist.

“10 years, something like that. It might be a little less,” Dripper said in a large -scale interview with coinesk.

Dreter repeated his expectation that Bitcoin would rise to $ 250,000 by the end of 2025, and that after a decade, it will be “no end against the dollar because there will be no dollar.”

“Once I can buy my food, my clothes, my shelter, pay my strikes, all in Bitcoin, which is a better way to collect taxes. Certainly, there will be no reason to stick to it [dollars] “Bitcoin will be the main source of possessing wealth.”

“The good news here is that banks can now carry the bitcoin currency and your business Fiat … but you do not want to be in the queue in the banks that are trying to get your dollars to put it in Bitcoin when there is a shift.”

Dryber has warned that there will be a tour of the banks and a global transformation into the bitcoin standard, as confidence in governments is falling and replacing decentralized technology the traditional banking system. This was particularly evident at Silicon Valley Bank (“SVB”) Collapse In March 2023.

“I received calls from 15 wallet companies and companies, and they were all saying, I couldn’t make salaries,” Dryber said.

“So every Treasury Ministry of every company I finance, I recommend that they have Bitcoin with FIAT in banks, so that when there are failures in banks, or if people stop taking FIAT, they will be able to make salaries anyway.”

SVB was close to the signing bank collapse and preceded the liquidation of Silvergate Bank. All three financial institutions were relations with the digital asset industry and were influenced by “infection effects” in the wake of a failed exchange of encryption, according to Federal Deposit Insurance Corporation. But the encryption companies found evidence that has been accelerated by a secret government campaign, known as the name ChokePoint 2.0After previous government efforts to cut controversial but legal companies from banking services.

Draper Bitcoin sees as a better technology and programs that will replace banks and currency issued by the government. At an early age, he learned that there was a precedent in the United States to the currency crisis when his father gave him a panel of a $ 1 million confederation of no value.

“The Confederation lost the war in front of the union, and so there was a major inflation in the funds of the Confederation and people were paying only one million dollars for only one dollar of the Federation’s funds,” DRIBIBR said. “In fact, we are going through a similar time now.”

Bitcoin versus stablecoins

Draper is the maximum amount of bitcoin that Stablecoins is a Bitcoin bridge that will lead to people to take advantage of digital currencies, but in the end they are defective like governments that punish them.

“Stablecoins is subjected to inflation,” Draber said.

Although the policies of the global tariff for US President Donald Trump are inconsistent with Iman Derbar with free trade, they accelerate his prediction that the US dollar will weaken. The dollar index has decreased nearly 8 % so far to 99.96, its lowest level since April 2022. Trump administration is widely forecast To analyze ways to reduce the value of the dollar to make us make more competitive in the world. However, Dryper hopes that the United States government will negotiate the fees until commercial partners buy more American goods and resume an open market.

Within the United States, Draper is more confident in creating local technology now after the Securities, Stock Exchange Committee and other federal organizers became “more open to creativity” and moved away from the exercise of organization by implementation.

“Let’s start communicating with animals”

Other technologies that hereditary invested include. Early investment in Huge biological science Newspaper headlines are published when the genetic laboratory created a new type of severe wolf and “woolen mice” approved from genes to existence using a mixture of mutations similar to the mystical mammoth. These efforts aim to “remove extinct species” to restore the biological diversity of the Earth, but Dereber believes that they will eventually help humans communicate with animals.

“Dogs can smell the smell of 10,000 times as we can,” Dryber said. “My theory is that they are usually really happy and they love you, they are sneaking you. What they do is tell you a story, they shed you and then,”[Here] It is all the things you did. These are all the things you smelled. “Dryber believes that progress in genetics and artificial intelligence will eventually be the language of birds that” must have 500 different wind words “and a better understanding of the weather. Humans can also learn to talk to ants about the management of the population.

“Let’s start communicating with animals. I think it will be great and get there.” “It’s slow. This is for 50 years.”

As for artificial intelligence, the most ridiculous programmers warn that artificial intelligence will eventually reject humans as just carbon bodies with limited use as energy sources, but Draper is still permanent optimistic.

He said, “I think humans will adapt.”

When artificial intelligence replaces human workers, Daper trusts that people will find new functions with their newly discovered productivity, achieve a greater impact, and “gain in the quality of life”. DRIPRPR believes that humans will eventually merge with artificial intelligence by programming embryos and linking human brains with WiFi and other techniques.

“I think it will be incredibly amazing for someone who is still alive after 50 years from now, because they would look back and say,” God, these poor people, they were all stuck on the ground, only the land. “” They had already asked their phones to know instead of having their mind to expect the need for knowledge. “




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