Venture capitalist Tim Draper has predicted that Bitcoin will surpass $250,000 by October 2026. In a recent interview, Draper highlighted Bitcoin's technological advantages, such as transparency and self-auditability, which eliminate intermediaries and trust costs. He criticized the U.S. dollar for its continuous depreciation, suggesting it will eventually become worthless, while Bitcoin's value could rise indefinitely. Draper advised those reliant on fiat currencies to hold Bitcoin to protect against potential bank failures or credit crises, drawing parallels to the historical devaluation of Confederate dollars.