I just saw a statement from Tim Draper that’s worth paying attention to. The guy is predicting that Bitcoin will reach $250,000 in the next 18 months. Considering we’re around $78,000 right now, that’s a pretty aggressive projection.

But you know, his argument isn’t so random. He talks about long-term adoption as the main driver of this appreciation. Basically, as more institutions and ordinary people adopt Bitcoin, demand increases while supply is limited by design. It’s simple math.

The other point he raises is the inflation of the dollar. With central banks printing money, Bitcoin ends up being seen as a hedge against the devaluation of fiat currency. It makes sense when you think about the last few years of expansionary monetary policy.

I’m not saying that $250,000 will happen exactly in 18 months, but the guy has a track record of making bold calls that eventually come true. It’s worth watching how adoption evolves over the next quarters. If this trend continues, his scenario might be closer than it seems.