Tim Draper|Jan 19, 2026 17:01
Just wrapped up an incredible conversation with the Divot team about Bitcoin, entrepreneurship, and why California needs to wake up.
A couple things we covered:
𝗢𝗻 𝗕𝗶𝘁𝗰𝗼𝗶𝗻:
I bought my first bitcoins at $4.
Lost everything to Mt. Gox.
Bought back in in a US Marshall's auction when I paid over market at $632.
People thought I was crazy when Bitcoin was at $180 in 2014 and I predicted $10,000 by 2017. Three years to the day later, it hit exactly that.
My next prediction was thwarted by a misguided administration. Now, we are back on track.
Now I'm calling $250,000 in six months, and all up from there. $1,$2 maybe $10 million before Bitcoin eclipses the use of the dollar. The Bitcoin network keeps growing while the dollar keeps shrinking.
𝗢𝗻 𝗲𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀𝗵𝗶𝗽:
At Draper University, we've proven you can create and mould entrepreneurs from ordinary people. We've taken 6,000 founders, who started 2,000 companies. Six are already worth over a billion dollars. All in 15 years. The secret is getting people to realize it's okay to stick their necks out.
The interview also covers why I still believe Elizabeth Holmes and CZ should be released, what my dad's Confederate million dollar bill taught me about currency.
Full episode is out now.(Tim Draper)
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