Bitcoin Is ‘A Hedge Against All Of Bad Governance’, Tim Draper Says

Venture capitalist Tim Draper, founder and managing director of Draper & Associates, on Monday said that Bitcoin (CRYPTO: BTC) is “a hedge against all of bad governance.”

Draper told CNBC that “Bitcoin is your alternative that allows you to deal with the major changes that are happening in government policies over time.”

Draper, an early investor in companies including Tesla, SpaceX, Skype, Coinbase and Robinhood, has long been one of Bitcoin’s most vocal advocates.

He reiterated his view that government intervention, …

Full story available on Benzinga.com