Tim Draper: Bitcoin can hedge against excessive US government spending, optimistic about reaching $250000 within the year Draper VC founder Tim Draper stated in a post that once the US government allows employees to engage in collective bargaining, it's like driving a truck down a mountain without brakes, but Bitcoin can hedge against excessive spending by the US government. Tim Draper believes that Bitcoin can still reach $250000 within 2025, and the main factors driving Bitcoin's development are: Trump's trade agreement market is generally optimistic, the regulatory framework expected by the industry is about to be introduced, and Web3 applications built on the Bitcoin blockchain are constantly developing. Major banks are also adding Bitcoin to their products. Compared to other cryptocurrencies and stocks, Bitcoin has lower risks because people believe in it, earning it the title of a store of value.