Billionaire Tim Draper Predicts Bitcoin Could Go “Infinite” Against the US Dollar

NewsTue, 11 Aug 2026 21:43:20 UTC1 hour ago

Billionaire investor Tim Draper said Bitcoin could eventually go “infinite” against the U.S. dollar, reiterating his long-term bullish view in comments shared on X. Draper linked the outlook to growing Bitcoin adoption and the potential shift toward crypto-based payments.

His argument comes as Bitcoin continues expanding beyond investment markets and into everyday commerce. Square began automatically enabling Bitcoin payments for eligible U.S. sellers in March 2026, using the Lightning Network while allowing merchants to settle in dollars by default. This expansion could increase Bitcoin’s visibility among businesses and consumers while reducing friction around payment acceptance.

Draper has also maintained a $250,000 Bitcoin target, although previous deadlines for that forecast have passed. His latest comments put the focus on adoption, monetary debasement and Bitcoin’s potential role as an alternative financial asset. The broader market will continue watching payment adoption, institutional participation and Bitcoin’s ability to maintain demand during changing monetary conditions.

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