Tim Draper: Women Will Drive Bitcoin Growth

by in Cryptocurrency News

tim draper

Financier Tim Draper, who represents the Bitcoin bull camp, believes that the largest digital currency will add in value, thanks to the support of women.

According to him, over the past few years, the proportion of the fair sex has increased. They are the ones who will push BTC up as they love to shop. Many stores already accept cryptocurrency for payment, and women love to visit retail chains and spend money.

Draper does not exclude that thanks to women, the adoption of bitcoin will become widespread, and eventually, we will see the BTC rate in the region of $250,000. According to the billionaire, women account for up to 80% of retail spending in the world.

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Already, about a third of digital currency holders in the United States are of the fair gender. We will observe the expansion of the Bitcoin network, the number of its users will also increase, which will positively affect the value of the cryptocurrency.

Last June, Tim Draper stated that the price of bitcoin would reach $250,000 within the next two years. At that time, he also pointed to the mass adoption of BTC as the main factor stimulating the growth of the coin.