Биткойн-миллионер Тим Дрейпер советует стартапам сохранять биткойны в качестве страховки от «домино» набегов на банки

Тим Дрейпер, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations offered to startup founders. Draper recommended having at least two payrolls worth of cash in bitcoin or other cryptocurrencies to avoid being affected by bank failures like the collapse of Silicon Valley Bank (СВБ).

Tim Draper Touts Bitcoin as Hedge Against Bank Failures

Тим Дрейпер, a well-known venture capitalist and crypto enthusiast, has recommended bitcoin as part of his cash diversification advice for business founders. Draper, known for winning an auction of 30,000 bitcoins from the U.S. Marshals back in 2014, and for his bitcoin price predictions, posted a document on Twitter that comments on several considerations businesses should make in the face of bank failures.

The document, which presents seven different ways to avoid a cash crunch, состояния:

Since boards and management are responsible for making payroll, even in times of crisis, it is important to build out contingency plans for bank failures that could happen more and more often if government continues to print money and whipsaw interest rates to counteract inflation caused by the over-printing of money.

Draper comments that the collapse of Silicon Valley Bank (СВБ) showed the importance of having a sound contingency strategy in uncertain times.

Per different reports, many tech startups that were dependent on Silicon Valley Bank faced a period of uncertainty when the bank collapsed, not having the necessary liquidity to complete payroll payments. Однако, Соединенные штаты. Федеральная корпорация по страхованию вкладов (ФКСД) averted the situation and made customers’ deposits whole under a systemic risk exception approved by the Federal Reserve.

Bank Diversification Recommendations

One of the key points in Draper’s cash management plan, which was designed with the help of Wharton school individuals, is the diversification of banking risk. Draper states that businesses can no longer rely on just one institution to manage their cash, advising to keep at least six months of short-term cash in two banks — one local and one global bank.

Также, Draper advises keeping at least two payrolls worth of cash in bitcoin or other cryptocurrencies, maintaining excess money in assets saleable for emergencies. He supports taking these measures by stating:

For the first time in many years, governments are taking over banks and governments themselves are at risk of becoming insolvent. Bitcoin is a hedge against a ‘domino’ run on the banks and on poor over-controlling governance.

What do you think about Tim Draper’s advice on keeping bitcoin as a hedge against bank failures? Tell us in the comment section below.

Серджио Гощенко

Серхио — криптовалютный журналист из Венесуэлы.. Он описывает себя как опоздавшего на игру, вход в криптосферу, когда рост цен произошел в декабре 2017. Наличие компьютерного инженерного образования, жизнь в Венесуэле, и влияние бума криптовалюты на социальном уровне, он предлагает другую точку зрения на успех криптовалюты и на то, как она помогает людям, не имеющим доступа к банковским услугам и недостаточно обслуживаемым.

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