Draper, a prominent billionaire venture capitalist and early investor, sent this message as a public nudge for Musk to accept cryptocurrency. This interaction highlighted a long-standing dialogue between the two tech figures regarding the intersection of electric vehicles and digital currency. Key Points of the Interaction
In late January 2021, Draper tweeted at Musk, expressing his desire to purchase a Cybertruck specifically using Bitcoin .
This was part of a larger push by crypto advocates to see Bitcoin adopted as a mainstream payment method. Timeline of Tesla and Bitcoin BTC billionaire Tim Draper to Elon Musk: I’d bu...
The quote you're referring to is likely from tweet to Elon Musk in January 2021: "I’d buy the Tesla Cybertruck with Bitcoin" .
Tesla officially began accepting Bitcoin for vehicle purchases. Draper, a prominent billionaire venture capitalist and early
Draper criticized the reversal, arguing that Bitcoin is actually more environmentally friendly than the traditional banking system and suggested Musk should stop accepting fiat currency (like the US dollar) if he were truly concerned about environmental impact. Tim Draper's Current Outlook
Shortly after Draper's public nudge, Tesla announced it had purchased $1.5 billion in Bitcoin and planned to start accepting it as payment. This was part of a larger push by
As of , Tim Draper remains one of Bitcoin's most vocal "bulls," frequently doubling down on his prediction that the cryptocurrency will eventually reach $250,000 . He continues to advocate for a future where Bitcoin replaces fiat for everyday transactions, such as buying coffee or cars.