Lightning Network Will Drive Bitcoin to $250,000 by 2023 — Tim Draper

Cointelegraph | Nov 13, 2019 at 10:05 AM
  • Could be worth millions of dollars after 2022 as payment processors allow easier transactions, Tim Draper has forecast.
  • The fees for Lightning transactions can, therefore, be much cheaper than transacting on-chain — just a single satoshi (approximately $0.00008788).
  • In September, he even went as far as to call the $250,000 figure “conservative,” while subsequently arguing Bitcoin would cause considerable geopolitical upheaval.