Tim Draper: I've been continuously buying more Bitcoin

BlockBeats News, May 18th, Tesla and Skype early investor Tim Draper stated in an interview, "I have been continuously buying more Bitcoin."

In July 2014, Tim Draper won about 29,656 bitcoins at an auction held by the U.S. Marshals Service for around $19 million, with an average purchase price of about $640. These bitcoins were seized by the U.S. government in the Silk Road enforcement action. Tim Draper has repeatedly expressed optimism about the future potential of Bitcoin, believing that Bitcoin can provide liquidity to emerging markets and serve as a hedge against currency devaluation.

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