Podcasts/Bitcoin News Alerts | Daily BTC Macro Signal/1233: BILLIONAIRE TIM DRAPER SAYS BITCOIN IS A HEDGE AGAINST DOMINO BANK RUN CRISIS!!
Bitcoin News Alerts | Daily BTC Macro Signal
Episode 1233

1233: BILLIONAIRE TIM DRAPER SAYS BITCOIN IS A HEDGE AGAINST DOMINO BANK RUN CRISIS!!

March 27, 2023·19m

Show Notes

Billionaire investor Tim Draper says that Bitcoin (BTC) could be a tool for businesses to hedge against any potential banking crisis.

In a new memo directed at startup founders, Draper says the recent collapse of Silicon Valley Bank (SVB), plus the "over-regulation" of banks by the government means business founders should consider a more diversified strategy of cash management such as the king crypto (BTC).

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