Billionaire investor Tim Draper (팀 드레이퍼) [Photo: Wikimedia]

Venture investor Tim Draper (팀 드레이퍼) sharpened his criticism at Apple and Meta. On Sept. 21, blockchain outlet U.Today reported that Draper said it was irresponsible for companies such as Apple and Meta not to hold bitcoin as part of corporate reserves.

His argument aligns with a situation in which corporate adoption of bitcoin has been a key market topic for some time but has failed to spread across large publicly listed companies. Strategy has been a leading example of actively incorporating bitcoin as a treasury asset, but participation by other big companies has been limited.

Meta shareholders also discussed a proposal in May 2025 urging the board to review the possibility of adding bitcoin, but Meta's board recommended a vote against it. Salesforce and McDonald's made similar choices.

Draper sees bitcoin as infrastructure for an alternative financial economy. He said blockchain systems and smart contracts could reduce intermediary roles such as accountants, bookkeepers and payment intermediaries. He also said that while the transition would involve significant volatility, people would eventually use bitcoin rather than the dollar.

He also warned that current fiscal flows could, over the long term, lead to hyperinflation or higher interest rates. He argued that either outcome could create serious problems for the existing financial system and that bitcoin could serve as a hedge. Against that backdrop, Draper again criticised big tech companies for turning away from bitcoin.

He then said artificial intelligence could also be a factor that accelerates the spread of bitcoin. AI could speed up the creation of software and services based on the bitcoin network, thereby increasing the pace of adoption, he said. That view ties to his earlier argument that bitcoin should be seen as digital financial infrastructure beyond a means of payment or store of value.

He also argued earlier this year that quantum computers would threaten banks before bitcoin. At the time, Draper said the bitcoin he holds is safer than dollars deposited at a bank. He also said that even if an extreme incident occurs in blockchain security, bitcoin network participants could coordinate around a safe state or software changes.

Markets are not fully following his optimism. Draper's repeatedly stated target of $250,000 for bitcoin has not yet been realised. As a result, his latest remarks may remain at the level of reigniting debate over corporate treasury strategy. Whether big tech companies will actually include bitcoin in their reserve assets still depends on a separate decision-making process.

Tim Draper says Apple, Meta should hold Bitcoin Billionaire investor Tim Draper believes it is “irresponsible” for major tech companies like Apple and Meta not to hold Bitcoin on their balance sheets. He argues that current government spending trends will inevitably lead to…

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