Tim Draper’s ‘odd’ rules for investing in success – Cointelegraph Magazine

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Tim Draper’s ‘odd’ rules for investing in success – Cointelegraph Magazine
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“What if it works and something really extraordinary happens?” Unlike other VCs who worry about what can go wrong, Tim Draper likes to focus on what could go right. (From the archives of CointelegraphZN)

“I’ve always been bullish on Bitcoin — for me it represents freedom, cross-border freedom. I also love the trust element — freedom and trust are a great combination,” he says.

“Another difference is in my outlook. Other investors ask what can go wrong. I ask what if this works? What if it works and something really extraordinary happens to humankind and society — then it might be worth a try.”Draper is very encouraged by the recent news surrounding world governments taking steps toward adopting Bitcoin. He is enthused that countries like Panama, Uruguay and Ukraine look as though they are following El Salvador’s example, where it has become legal tender.

It’s the wrong way to look at it. When countries like El Salvador make these decisions, the money will follow. I’m going to El Salvador myself, as will many more investors. Tim Draper is a popular speaker at crypto conferences worldwide, though more often than not he attends via video.

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