Bitcoin to hit $250,000 by year-end, replace US dollar in 10 years: Wall Street experts

Bitcoin will replace U.S. dollar dominance within a decade and become the standard currency underpinning the international economy, according to billionaire venture capitalist Tim Draper. “10 years, something like that. It may be a little less,” Draper said in a wide-ranging Spotlight interview with CoinDesk.

“The good news here is that banks can now hold your bitcoin and your fiat currency…but you don’t want to be in line at the banks trying to get your dollars out to put them into bitcoin when there is a transformation.”