Tim Draper, founder of Draper VC, believes allowing collective bargaining for employees in the U.S. could be akin to driving a truck downhill without brakes. He proposes that Bitcoin, however, can serve as a hedge against potential government overspending. Draper projects Bitcoin’s price reaching $250,000 within 2025. His optimism stems from several factors: positive sentiment surrounding U.S. President Donald Trump’s trade agreements, the anticipated release of regulatory frameworks for Bitcoin, and the development of Web3 applications built on the Bitcoin blockchain. Further bolstering its position is the increasing inclusion of Bitcoin in financial services offered by major banks as they view it as a less risky alternative to traditional assets like stocks. This growing confidence has cemented Bitcoin’s status as a safe haven asset.