Tim Draper Predicts Bitcoin Could Go 'Infinite' Against the US Dollar

Billionaire venture capitalist Tim Draper has renewed his bullish outlook on Bitcoin, suggesting the cryptocurrency could eventually go "infinite" against the U.S. dollar as adoption accelerates. Draper, founder of Draper Associates and a prominent early Bitcoin investor who purchased nearly 30,000 BTC seized from Silk Road in a 2014 U.S. Marshals Service auction, has long been one of the cryptocurrency's most visible proponents.

Draper shared the prediction on X while commenting on the expansion of Bitcoin payments. "First they'll say, 'We accept Bitcoin.' Then they'll say, 'We only accept Bitcoin,'" he wrote. He forecast that a run on banks would follow, ultimately leading to a fundamental transformation of the financial system. The venture capitalist concluded that Bitcoin could "go infinite against the US dollar."

Bitcoin payment adoption continues to broaden. In March, Block began automatically enabling Bitcoin payments for eligible U.S. Square sellers, with the rollout expected to reach millions of merchants. The expansion comes as Bitcoin's role in commerce gradually extends beyond investment, though mainstream use as a transactional currency remains limited compared to its store-of-value function.

Crypto-Friendly States Gain Ground

Draper's own Draper Innovation Index recently indicated that U.S. states are creating increasingly favorable conditions for entrepreneurs. Texas climbed to fourth place in the March 2026 U.S. ranking, while Oklahoma rose to 15th. Cryptocurrency and blockchain investment have contributed to the outperformance of these states. Several states have pursued digital asset legislation or strategic Bitcoin reserve proposals, adding a policy dimension to the competition for crypto-related business activity.

Draper has also pushed back on concerns about technological threats facing Bitcoin ($BTC). In June, he argued that quantum computing is more likely to compromise traditional banks before it poses a risk to Bitcoin. In a March interview, he compared the transition from traditional banking to Bitcoin with the historical shift from horses to automobiles.

The Elusive $250,000 Target

Despite his talk of Bitcoin going "infinite," the cryptocurrency faces a more immediate and modest milestone: $250,000.

Draper reiterated in April that Bitcoin could reach $250,000 within 18 months, citing growing adoption and the debasement of fiat currencies as key catalysts. That target has yet to materialize, with Bitcoin trading under $64,000 on Wednesday.

The $250,000 call is notable because Draper has repeatedly moved the deadline. His original major Bitcoin forecast came in 2014, when he predicted that $BTC would reach $10,000 within several years. Bitcoin crossed that level in November 2017.

Draper subsequently issued a far more ambitious $250,000 prediction. In 2018, he forecast that Bitcoin would reach that level by the end of 2022. The timeline was pushed back, and he continued to argue the milestone remained achievable, including predictions for 2024 and 2025.

In November 2024, Draper was still calling for Bitcoin to reach $120,000 by the end of that year and $250,000 in 2025. That deadline also passed without Bitcoin reaching the target. Earlier this year, he doubled down on the $250,000 goal.

The path from roughly $64,000 to $250,000 would require an increase of nearly 290%. Draper's track record of missed deadlines on the $250,000 target underscores the difficulty of forecasting cryptocurrency prices, even for investors with early success calling major moves.