ALTSLA 2026: Tim Draper of Draper Associates Spoke to Courtney McQuade

Great. Thank you. And nice meeting you, too, Courtney.

Oh, I'm absolutely certain because of the way Bitcoin has followed a certain pattern. Whenever there's a halving, that means there is less Bitcoin out there. So in simple supply and demand rules, it would mean that the price would go up. And if you just estimate based on how the other halvings have worked, it's almost exactly where I expect it to be.

Well, they're really going to miss out when we have sort of a major financial transformation. You know, my dad gave me a million dollar bill when I was about 10. And I said, 'What can I do with it?' And he said, 'Nothing.' And I said, 'What do you mean nothing? It's a million dollars.' He said, 'It's a million Confederate dollars.' And nobody wanted Confederate dollars after the war. And so they had huge inflation. Nobody trusted the currency and out it goes. Same thing's happening now. And eventually you'll get to the point where the retailers accept Bitcoin and then the retailers will only accept Bitcoin. And then there will be a moment where people run to the banks and try to get out their dollars. There will be a high inflationary period and then there'll be this mass entrance to Bitcoin. And if you're responsible for other people's money and you're a treasurer of some big company or whatever and you don't have Bitcoin, you have all your money in one or two banks, you're being irresponsible.

Right.

Right.

Coinbase looks like Coinbase, only a lot bigger. Yeah, I tend to be an early investor in certain things. So, I meet entrepreneurs every day, about eight per day on average. And in meeting entrepreneurs, they're always giving me a view of the future. And so when I predict things like, 'Hey, Bitcoin's going to eclipse the dollar' or 'Coinbase will be a really big deal' or 'Tesla will be a big deal' or 'SpaceX will be a big deal,' it's because I've been meeting with people for a long time and all we're doing is taking a little bit of a leap forward and saying, 'Hey, this is probably the way the world's going to go.' And so, yeah, that's what I do. It pays to talk to people and then to project out their vision of the future and then you can assemble your own vision of the future.

Oh, we have already started. I have five digital twins. We use AI to evaluate entrepreneurs. We use AI to record all the meetings with the entrepreneurs and we do transcriptions with Otter, but then we use SER to evaluate emotions, whether somebody's telling the truth. We use MAPA to evaluate their voice to see what kind of personality they are. And then entrepreneurs that come to our website have an opportunity to put their deck up and get it evaluated by AI and then they can also talk to my digital twin and in an iterative way figure out their business model. And that actually has made the entrepreneurs that finally do come to us better and just more likely to be funded. We also, I also have a digital twin that takes press releases and turns them into shows. And we use a lot of AI in editing Meet the Drapers, our show. And our entrepreneurs that come through Draper University are encouraged to use AI because they can then set up, you know, the billion-dollar single-employee organizations. This is really an amazing transformative time. AI, Bitcoin, all the great uses of the internet. It's going to be a really amazing time over the next 10 or 15 years.