{"id":76014,"date":"2023-03-22T17:17:10","date_gmt":"2023-03-22T15:17:10","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=76014"},"modified":"2025-09-10T14:55:41","modified_gmt":"2025-09-10T11:55:41","slug":"tim-draper-sang-a-bitcoin-song-and-criticised-world-governments","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/tim-draper-sang-a-bitcoin-song-and-criticised-world-governments\/","title":{"rendered":"Tim Draper sang a Bitcoin song and criticised world governments"},"content":{"rendered":"<p>Venture investor and billionaire Tim Draper performed at the Paris Blockchain Week Summit 2023 with a song about Bitcoin.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Tim Draper spitting fire ? ? <a href=\\\"https:\/\/twitter.com\/hashtag\/btc?src=hash&#038;ref_src=twsrc%5Etfw\\\">#btc<\/a> <a href=\\\"https:\/\/twitter.com\/hashtag\/ParisBlockchainWeek?src=hash&#038;ref_src=twsrc%5Etfw\\\">#ParisBlockchainWeek<\/a> <a href=\\\"https:\/\/t.co\/RNNhNURxJv\\\">pic.twitter.com\/RNNhNURxJv<\/a><\/p>\n<p>\u2014 Daniel Nita ?? (@realdanielnita) <a href=\\\"https:\/\/twitter.com\/realdanielnita\/status\/1638484098757844993?ref_src=twsrc%5Etfw\\\">March 22, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>According to the businessman, these lyrics were written four years ago, but remain relevant to this day. He dedicated the song to <a href=\"https:\/\/forklog.com\/en\/news\/venture-capital-investors-distance-themselves-from-silicon-valley-bank-amid-liquidity-concerns\">Silicon Valley Bank<\/a> and \\&#8221;to all the banks that have collapsed and will collapse in the future\\&#8221;.<\/p>\n<p>According to Cointelegraph, during the performance Draper noted a general distrust of the digital assets market and stressed that world governments are in \\&#8221;absolute panic\\&#8221;. <\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cWe are experiencing anthropological changes that are hard for people. Many resist it,\u201d he added.<\/p>\n<\/blockquote>\n<p>In the investor&#8217;s view, a smooth exit from the banking crisis is unlikely under the current US leadership.\u00a0In particular, he hinted at <a href=\"https:\/\/forklog.com\/en\/news\/white-house-flags-risks-cryptocurrencies-pose-to-citizens-and-the-financial-system\">the White House position<\/a>, according to which digital assets do not meet the stated use cases and pose risks to investors and financial stability more broadly.<\/p>\n<p>In conclusion Tim Draper stated that blockchain, Bitcoin and smart contracts mark one of the &#8216;greatest leaps in world history&#8217; and should be embraced.<\/p>\n<p>In 2018 the billionaire predicted Bitcoin would reach $250,000 by 2022; in the summer of 2021 he <a href=\"https:\/\/forklog.com\/en\/news\/tim-draper-reaffirms-forecast-that-bitcoin-will-reach-250000\">broadened the forecast<\/a> to early 2023. By November 2022 the investor again <a href=\"https:\/\/forklog.com\/en\/news\/tim-draper-repeats-his-bitcoin-forecast-of-250000\">pushed the timeline<\/a> by six months.<\/p>\n<p>Earlier in February 2023, Draper <a href=\"https:\/\/forklog.com\/en\/news\/tim-draper-urges-sri-lanka-to-legalise-bitcoin\">proposed<\/a> Sri Lankan authorities to legalise the first cryptocurrency. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Venture investor and billionaire Tim Draper performed at the Paris Blockchain Week Summit 2023 with a song about Bitcoin.<\/p>\n","protected":false},"author":1,"featured_media":76015,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,954],"class_list":["post-76014","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-tim-draper"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=76014"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76014\/revisions"}],"predecessor-version":[{"id":76016,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/76014\/revisions\/76016"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/76015"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=76014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=76014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=76014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}