Tim Draper is an investor in the Bitcoin phenomenon, as well as a well-known billionaire. He is also known for being one of the earliest investors in Tesla, of which Elon Musk is the co-founder and CEO. The former but replied or reacted, in a sense, to Musk regarding his moment where he inserted Bitcoin into the bio on Twitter, which blew up. The BTC parent company witnessed a massive boom within half an hour of the update.
Musk’s efforts to promote #Bitcoin was followed by Jack Dorsey, the CEO of the app Twitter, as well as the Reddit page’s founder, Alexis Ohanian. Tim Draper is one of the people who own more than 30,000 of Bitcoin’s hot tokens, BTC. The market for Bitcoin sky-rocketed high, raising about 14% following Musk’s announcement. But about a day in, the rise tumbled and ended the day exactly from where it had picked up from Musk, $33,000.
Tim Draper’s Response
Tim Draper then reacted to this massive activity, to Elon Musk, billionaire to billionaire, asking to pay for the cybertruck by Tesla in Bitcoins. His message began with a greeting of “hi” and continued saying that he “would like to” purchase a cybertruck by Tesla. He further said that he could “accept” the payment in “bitcoin” through (tagging his bitcoin processor platform) OpenNode.
After the announcement on Musk’s bio, several speculated him to be the huge investor with a huge networth behind the large investment in BTC. Tim Draper must have simply seized the opportunity, sighting that Musk was interested in Bitcoins. As per a more recent interview, Draper mentioned that he was interested in buying more BTC. He also added that he had no intentions of selling these Bitcoin tokens, as he believes that it is the future’s currency.