Tim Draper, investor and founding partner of Draper Associates, asserts that macroeconomic factors, including the decline of the US dollar and inflation, will reduce the impact of Bitcoin's halving cycle, traditionally known for driving market fluctuations. Draper believes that in ten to twenty years, the US dollar might be obsolete, propelling a shift towards Bitcoin as a secure alternative amid rising distrust in banking systems and geopolitical instabilities. He states that the upcoming halvings might have diminished effects due to these macroeconomic drivers which will likely drive Bitcoin's value more than the historical four-year cycle. The conversation around Bitcoin’s influences is evolving, with some experts noting its maturation into a macroeconomic asset, while others highlight its ongoing volatility tied to traditional market dynamics.

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