Why did Tim Draper visit Sri Lanka's Central Bank?

Billionaire investor and Bitcoin fan Tim Draper made a surprise visit to the headquarters of Sri Lanka’s central bank trying to promote the cryptocurrency as a tool to fight corruption, but faced a frosty reception from the bank's Governor Nandalal Weerasinghe, per a Bloomberg report.

Will 100% bitcoin be a Sri Lanka reality ever?

Sri Lanka’s topmost monetary official countered: “Adoption of 100% Bitcoin won’t be a Sri Lanka reality ever.” It’s a frostier response than Draper has gotten in some other locations. The tiny island country of Palau in the Pacific made him the founding resident of its digital-residency program, for instance.

Is Draper trying to buy bitcoin?

Draper, 64, a Silicon Valley venture capitalist and early backer of companies like Tesla, Baidu Inc., Skype, Coinbase and Robinhood, made news in 2014 when he purchased seized Bitcoin at a US Marshals Service auction. Bitcoin is hovering in the low $20,000s — but he sees it reaching $250,000 this year. He kept trying with Weerasinghe.

Should Sri Lanka follow El Salvador's lead in using bitcoin?

During his meeting with Weerasinghe, Draper, dressed in a Bitcoin tie, said that should Sri Lanka follow El Salvador's lead in making use of Bitcoin, "A country known for corruption will be able to keep perfect records with the adoption of Bitcoin.”