Billionaire investor Tim Draper: Bitcoin will replace the US dollar within 10 years According to CoinDesk, US billionaire investor Tim Draper stated in an interview that Bitcoin will replace the US dollar as the world's primary reserve currency in the next decade. He reiterated the prediction that Bitcoin will reach $250000 by the end of 2025 and pointed out that the US dollar will lose its value when Bitcoin can be used for daily payments and taxes. Draper used the 2023 Silicon Valley bank collapse as an example to emphasize the fragility of the traditional financial system and suggested that companies hold both fiat and Bitcoin to cope with the banking crisis. In addition, Draper believes that although stablecoins contribute to the popularization of digital currencies, they will eventually face inflation issues like fiat currencies. He specifically mentioned that the US dollar index has fallen by 8% since the beginning of this year, hitting a new low since April 2022, which confirms his prediction of a "decline of the US dollar".