Bitcoin has had a rough November, recording its steepest sell-off since April 2013, but many bitcoin faithful have not been deterred by the cryptocurrency sector’s steep decline.

Bitcoin price bull and renowned venture capital investor Tim Draper, who recently reaffirmed his prediction that the bitcoin price will reach a whopping $250,000 by 2022, has said he expects the entire global economy will eventually pivot to cryptocurrencies, with bitcoin leading the change.

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