Bitcoin Is Here to Stay, Tim Draper Says – Bloomberg

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
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Mike Amiri was raised in Los Angeles’s most famous neighborhood, Hollywood, during the excess of the ’80s hair metal scene. The son of Iranian immigrants, he was transfixed by the music, culture and fashion coming out of clubs like the Roxy. So when he launched his eponymous luxury brand in 2013–with $30,000 of his own money–he married those aesthetics with an obsessive craftsmanship and the most opulent fabrics available. Nine years later, his brand has opened stores around the world, shows regularly at Paris Fashion Week and is projected to earn more than $350 million in 2023. Amiri has created a new, uniquely American vision of what a fashion house should be in the 21st century.
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FTX sent the message that “we don’t want centralized currencies of any kind,” Tim Draper, founding partner of Draper Associates and DFJ, says on “Bloomberg Crypto.” Draper sees Bitcoin rising to $250,000 by 2025. (Source: Bloomberg)

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