Tim Draper, Stacks and Zest Roughout 🍊
Legendary investor and renowned BTC whale Tim Draper (@TimDraper) gave a public tweet about the SIP-031 vote and the Stacks ecosystem.
🧐 Tim Draper
- In 2014, when Mt. Gox was hacked, he lost 40,000 BTC, but he didn't care and bought back 30,000 BTC at the Silk Road auction for $630 each, shouting, "I'm going to get $10,000 in Bitcoin."
- In 2019, during a meeting with the president of Argentina, he said, "If Bitcoin rises more than the Argentine peso, what if Bitcoin becomes legal tender ha ha ha ha
- Very interested in 'using Bitcoin'. He is aggressively investing in Bitcoin startups and even started a Bitcoin startup support company called Booster VC.
- Zest (@ZestProtocol), Aave, of Stacks, came in as a lead investment. I remember being surprised when a draper came into the stacks ecosystem, which was a state of chaos at the time.
In recent years, there has been a lot of public support for SIP-031 from institutional and large investors. This proposal seems to be going to pass, and since this is happening, I think the real agency brothers will have to grab their hair and pull it along!
Ps. For reference, @Stacks market cap is about $1B, and Tim Draper has a net worth of about 👀 $3.3B
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