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Fiat Currency Will be Laughable in Five Years Says Billionaire Tim Draper

Tim Draper has every reason to be bullish on Bitcoin as he has seen his $20 mln investment in the digital currency grow by over 1,000 percent in just three years. Draper is now predicting that in five years fiat will be so obsolete, it will be laughable. The tech investor has made a fortune backing companies […]

Tim Draper On Bitcoin: ‘In 5 Years If You Use Fiat Currency, They Will Laugh At You

In 2014 Tim Draper bought 30,000 Bitcoin for under $20 million. Today, it’s worth almost $215 million. Tech startup founders tend to live in the future, seeing future developments that most can’t yet perceive as achieved facts. The same is true, apparently, of venture capitalists. Tim Draper has led investments in companies like Skype, Tesla, and Twitter. […]

Bitcoin, Blockchain Continue March Toward Mainstream With Government Partnerships

Digital currency and Blockchain technology continue to make inroads into mainstream use and acceptance. There is perhaps no better way to move Blockchain technology forward than to convince governments of its usefulness, and that’s exactly what one partnership is doing. Blockchain firm ConsenSys partnered with the U.S. Department of State last month to plan the Blockchain@State Forum, a […]

Goldman Sachs Predicts Bitcoin Price Consolidation Around $8,000 Before Continuing Up

The break-neck speed rally of Bitcoin has left investors wondering where Bitcoin would finally stabilize. Goldman Sachs believes that $8,000 would be the consolidation level for the current rally. Where does rally stop? Bitcoin’s price may have smashed through the $5000, $6000 and $7000 levels over the past few weeks, but technical analysts expect it to go higher. […]

Cryptocurrency Basics

The Basics of Cryptocurrency and How it Works Cryptocurrency is a digital currency recorded in a ledger of accounts and transactions between peers using a system of verification and encryption. Transactions are made by sharing public passwords that are attached to a private and encrypted digital wallet. All math and technical jargon aside, that is all there […]

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10 Investment Tips For Investing in Cryptocurrencies

The price of Bitcoin and the price of Ethereum has exploded in 2017. The question is whether there is sufficient upside potential to consider investing in cryptocurrencies. Stated differently, is it (still) worth looking into cryptocurrencies as an investment or is it too late? The key consideration is that Bitcoin is not the only cryptocurrency to invest in. […]