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Abstract:Will Netflix be the next to buy Bitcoin?
Netflix co-founder and CEO Reed Hastings could be next to buy Bitcoin to protect the company from inflation.
Draper is also speculating on the possible addition of Bitcoin as a payment method on Amazon.
Since Elon Musk and Tesla announced the purchase of 1.5 billion dollars in Bitcoin , the community has speculated which giant will be the next to enter the market cryptography. From Apple to Twitter to SpaceX, speculation rages on. Billionaire Tim Draper is the latest to nominate a candidate.
Draper, a venture capitalist and Bitcoin bull, auctioned off around 30,000 BTC for an average price of $ 632 in 2014, which belonged to the black market “Silk Road,” Founded by Ross Ulbricht .
In an interview for the Unstoppable podcast, Draper predicted yesterday that Netflix would be the next company to buy Bitcoin. His speculation is based on his personal experience with CEO and Netflix Co-Founder Reed Hastings, Draper said:
The Bitcoin Bull believes the big business financier should study bitcoin. eventually, he thinks they will realize that cryptocurrency can be against dollar inflation caused by Federal Reserve monetary policies. s
Amazon could also be a candidate
On the possibility of Google, Facebook and Apple adopting BTC, the billionaire said these companies are busy trying to create their own currencies centralized. However, he believes Amazon could start accepting Bitcoin very soon.
The company run by Jeff Bezos reported by CNF in 2020, Draper has revealed to own Bitcoin (BTC), Bitcoin Cash (BCH) , Tezos (XTZ), XRP among others. Although he made a huge profit on his BTC funds, the billionaire expects the cryptocurrency to hit $ 250,000 in the next few years.
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