Tim Draper, Stacks & Zest Shoutout 🍊
Legendary investor and famous BTC whale Tim Draper (@TimDraper) has made a public shoutout regarding the recent SIP-031 vote and the Stacks ecosystem.
🧐 Tim Draper Stories
- In 2014, when Mt. Gox was hacked and he lost 40,000 BTC, he didn't care and bought back 30,000 BTC at $630 each during the Silk Road auction, shouting, 'Bitcoin is definitely going to $10,000.'
- In 2019, during a meeting with the President of Argentina, he jokingly suggested, 'If Bitcoin goes up more than the Argentine peso, why not just make Bitcoin the legal tender? Haha!'
- He is very interested in 'utilizing Bitcoin.' He is aggressively investing in Bitcoin startups and even started a company called Booster VC to support Bitcoin startups.
- He came in as a lead investor for Zest (@ZestProtocol), which is the Aave of Stacks. I remember being surprised when Draper entered the Stacks ecosystem, which was completely unoccupied at the time.
Recently, there has been frequent public support for SIP-031 from institutional and large investors. It seems like this proposal is on track to pass, and now it feels like the real institutional players need to step in and take charge!
P.S. By the way, @Stacks has a market cap of about $1B, while Tim Draper's net worth is around $3.3B 👀
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