Will Netflix be the next one to buy Bitcoin?

Netflix may be the next Fortune 100 company to buy Bitcoin, and Amazon will have to accept it, says billionaire Tim Draper. The serial investor and holder forecast that Netflix is his pick for putting BTC on its balance sheet out of all possible candidates.

Draper predicts that pension funds would be the next to follow and potentially more Fortune 500 companies. When questioned on which firm he thinks will the next, he singled out Netflix and explained:

“Netflix’s “[co- CEO] Reed Hastings is a very innovative guy and has a lot of creative thinking… And so I think that might be the next big one to fall,” Draper said.

Draper is convinced that corporates’ entrance, just like MicroStrategy and Tesla, into the bitcoin space started a new wave of investor capital that will enter the digital asset.

He also shared insights into how valuable bitcoin could become and stood by his prediction that bitcoin in 2022, eventually the beginning of 2023, would hit $250,000. He first made the statement when bitcoin was worth less than $4,000. 

Will bitcoin become the world’s “currency of choice?” Tom Draper stated that although bitcoin will not „completely replace the dollar, people will laugh when trying to buy things for dollars in the future.”

Source: www.cointelegraph.com