Tim Draper Doubles Down: Bitcoin to Dethrone US Dollar by 2035

Venture capitalist Tim Draper just threw gasoline on the crypto fire—predicting Bitcoin will render the US dollar obsolete within a decade. The man who called Bitcoin’s 2014 crash (and 2017 rebound) isn’t known for subtlety.

Why this matters: Draper’s betting on hyperbitcoinization—when BTC’s deflationary design flips fiat’s inflationary spiral. Central bankers, start sweating.

The fine print: Sure, Draper’s been early before (remember his 2018 $250K BTC price target?). But with lightning network scaling and BlackRock’s ETF cannon aimed at Wall Street, this prediction stings differently.

Bonus jab: Meanwhile, traditional finance still thinks ’blockchain not Bitcoin’ is a viable strategy—like embracing email while rejecting the internet.

Billionaire Venture Capitalist Says Bitcoin Will Replace The US Dollar In The Next Decade

Entering 2025, Bitcoin and the cryptocurrency market were a clear focal point. With the return of Donald Trump to the White House, the nation got its very first pro-crypto administration. Subsequently, many experts foresaw the presence of favorable regulation for the asset class during that second term.

That regulation was poised to help propel the asset that has long stood as the largest by market cap. According to one venture capitalist, that may just be the beginning. Indeed, with Bitcoin’s recent surge, billionaire Tim Draper projects that the crypto will replace the US dollar over the next ten years.

“10 years, something like that. It may be a little less,” Draper told CoinDesk in a recent interview. Additionally, he noted that after the next decade, bitcoin will be “infinity against the dollar because there won’t be a dollar.”

“Once I can buy my food, my clothing, my shelter, pay my taxes, all in Bitcoin—and it’s a better way to collect taxes for sure—there won’t be any reason to hold onto any [dollars], and Bitcoin will be the primary source of owning wealth,” Draper predicted.

“The good news is that banks can now hold your bitcoin and your fiat currency,” Draper added. However, he did predict a run on the greenback to soon take place. He expects a global shift toward Bitcoin to come, pushing many to make the transformation. When that happens, “you don’t want to be in line at the banks,” Draper told the publication.