Tim Draper Believes Bitcoin Will Climb to $250,000 by the End of 2022

Tim Draper is a well-known billionaire venture capitalist and a strong bitcoin investor. He believes that the value of a single bitcoin will reach $250,000 by the end of 2022. Draper is convinced that despite the crazy swing in value that cryptocurrency has seen and its turmoil regarding its un-environmentally friendly usage, the value will continue to rise.

Tim Draper Believes Bitcoin Will Climb to $250,000 by the End of 2022Draper’s Bold Bitcoin Predictions in the Past

Back in 2018, Tim Draper made his very first prediction regarding bitcoin, and it was quite a bold one. Around that time, bitcoin was trading about $8,000. He then stated for the first time that he believed it would reach $250,000 at the latest at the beginning of 2023. Now, he stands behind his initial prediction. Draper claims that he’s either going to be spot-on with his prediction or wrong. However, he remains hopeful that he’ll be right.

His prediction is based on the belief that the cryptocurrency, Bitcoin, will have much more use then than it does now. This, in turn, will make it more valuable. He says in about a year or so, more retailers will start using an Opennode which is a bitcoin payment processor, which means they’ll be able to accept the cryptocurrency.

Billionaire and Bitcoin investor, Tim Draper.At the moment, only a few major retailers and companies accept bitcoin as a form of payment either directly or through 3rd-party apps, and these include PayPal, Overstock, Starbucks, Microsoft, Home Depot, and Whole Foods.

Becoming a Billionaire Through Early Investments

Tim Draper, who is 63 years old, originally built his fortune by making a series of investments early on in the game. He has invested in Skype, Tesla, Twitter, and SpaceX to name but a few. While it’s unknown exactly how much bitcoin he has or whether or not he’s invested in other cryptocurrencies, it’s safe to say that he is holding onto some.

According to Draper, bitcoin will be the center of financial activity for the next 20-30 years.

Apple Is Now Selling Touch ID-Equipped Magic Keyboard & New GPUs

A few peripherals and add-ons that may be of interest to some Mac users were released on Tuesday. A Touch ID-enabled Magic Keyboard (formerly exclusively available with the 24-inch iMac) and three new graphics card modules for the Mac Pro desktop are among the new products.

Apple Is Now Selling Touch ID-Equipped Magic Keyboard & New GPUsApple Also Offers Upgraded Versions of Other Products

Apple’s shop also has upgraded product versions of the Magic Mouse ($79) and Magic Trackpad ($129), but these aren’t that different. The Magic Trackpad, for example, has a little modified form to better match the Magic Keyboard, which has undergone major changes. A USB-C to Lightning cable is included with each of the updated accessories for charging.

The keyboard includes a redesigned shape and additional functionality, such as a Touch ID fingerprint reader. Touch ID is a biometric authentication feature that was previously exclusively available on Apple laptops and smartphones.

Touch ID Magic KeyboardThe new Magic Keyboard was unveiled as an exclusive for the M1-equipped 24-inch iMac, which was released this spring. Because the all-in-one desktop was available in a range of colors, the keyboard is as well. However, it appears that the standalone Magic Keyboard will only be available in the regular silver and white color scheme found on many Apple peripherals.

How Much Will Apple’s Magic Keyboard Cost? The Magic Keyboard with Touch ID costs $149. The non-Touch ID version costs $99. Both the non-Touch ID and Touch ID keyboards are available with a numeric keypad ($129 and $179, respectively).

New Apple Mac Pro MPX Modules

The Mac Pro isn’t a mass-market consumer device; it’s designed for professional video editing bays and other such applications. However, if you’re one of the few people who own one (or manage IT for a group that does), you now have several new upgrade possibilities.

New Apple Mac Pro MPX ModulesThe Mac Pro includes an upgradeable graphics card; however, instead of off-the-shelf consumer GPUs, it employs prepackaged modules. Three new graphics modules for the Mac Pro are available for purchase.

Each is labeled as a Radeon Pro. Names and pricing are as follows:

  • Radeon Pro W6800X with 32GB GDDR6 ($2,400 when configured, $2,800 when purchased separately)
  • Radeon Pro W6800X Duo with 64GB GDDR6 ($4,600 for the configuration, $5,000 when purchased separately)
  • 32GB GDDR6 Radeon Pro W6900X: ($5,600 for the configuration, $6,000 when purchased separately)