Tim Draper: Pandemic Could Be The Tipping Point For Bitcoin

Cointelegraph

Published Apr 07, 2020 08:44PM ET

Updated Apr 07, 2020 10:20PM ET

The global spread of the coronavirus played a major role in the dramatic 2020 stock market crash. The bailout bill for saving the world’s economy is $7 trillion and rising fast. Bitcoin bull Tim Draper believes this confluence of factors may be the tipping point that allows innovations such as Bitcoin and smart contracts to flourish.

In an interview on April 6, the global venture capital investor said he was skeptical about the government’s infinite money printing bailout plan and said it would take years before that money “permeates” the global economy.

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