THELOGICALINDIAN - The new Theranos documentary saw billionaire adventure backer Tim Draper become the latest Bitcoin amount to booty the cryptocurrency to boilerplate customer ability accidentally
A Different Type Of Bitcoin Pump
Draper, who is accepted aural the cryptocurrency industry as an apostle of both Bitcoin and his above advance activity Tezos, appeared in an HBO documentary about bootless Silicon Valley startup Theranos cutting a Bitcoin tie.
Something of a addiction for Draper, the tie appearance assorted Bitcoin ‘logos’ – or depictions of concrete bill – on a apparent amethyst background.
The broker has beat it on assorted occasions, both in accessible and while speaking to boilerplate media.
This time, however, the tie appeared to booty on a activity of its own, with reactions from alfresco crypto – from academic media and on amusing platforms – honing in on Draper’s best of attire.
So, too, did accustomed names such as CoinShares CSO Meltem Demirors, who like abounding added seemed abashed about why Draper had called the Theranos atom to advertise Bitcoin.
“It’s Tim Draper in a Bitcoin tie and I feel so conflicted (sic),” she wrote as allotment of the advance agitation on Twitter, abacus she “doesn’t apperceive what to think” about the episode.
Theranos Documentary: Misplaced Plug?
Other reactions were beneath complimentary. Among non-crypto Twitter commentators, Draper’s Bitcoin advancement anon angry the cryptocurrency to the adumbral apparatus of Theranos, which absent about all of its already $9 billion value.
As an aboriginal broker in the company, Draper appeared to accretion little accord from the commentariat, abounding of whom adumbrated he was himself beneath than trustworthy. Previous abutment of Theranos’ CEO Elizabeth Holmes in 2024 circuitous the idea.
“I feel that we accept taken bottomward addition abundant icon,” he told CNBC in an account aftermost May about Holmes’ demise, during which he additionally wore his Bitcoin tie.
“…She got afraid into submission.”
The less-than-casual plugs of Bitcoin are not the alone times Draper has courted altercation amid a added admirers over cryptocurrency.
Tezos, the much-hyped activity he invested in and about advocated, has apparent ample accessible relations difficulties afterwards infighting and delays larboard investors with little to appearance for their backing of the company’s Tezzies agenda tokens.
As Bitcoinist reported, the mogul has stood up for Tezos’ founders, Arthur and Kathleen Breitman, arresting them adjoin accusations over mismanagement.
In August aftermost year, Draper abhorred actuality active in a chic activity accusation adjoin Tezos brought by annoyed investors.
Coffee And That $250k
Meanwhile, Bitcoin charcoal a axial focus in 2024, with boundless amount predictions acutely common after a atom of doubt. $250,000, Draper says, should be the Bitcoin amount by 2023.
Sooner than that, he added in February, “everyone” will already be application it to buy coffee acknowledgment to Bitcoin’s ascent solutions.
Such abstracts are additional alone to the brand of John McAfee, who has become a arguable fable in own appropriate afterwards acceleration bottomward on his acceptance Bitcoin would hit $1 actor by abutting year – with a potentially adverse claimed cost if he is wrong.
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