"Venture capital investor Tim Draper reaffirmed his prediction that the Bitcoin (BTC) price will reach $250,000 by 2022, during a panel discussion at the Web Summit summit conference Nov. 6."
https://cointelegraph.com/news/tim-draper-stands-by-his-bitcoin-price-prediction-of-250k-in-2022Yes. We are talking [...] about five percent market share to get to $250,000. That seems like a drop in a bucket and all we need to really do is make it so that Bitcoin can be used to buy Starbucks coffee, and all of a sudden the world just opens up and then they say Ive got this choice. [...] Do I want a currency that I can take from country to country [...] or do I want one that sticks me in one country or one geographic area and I cant use it anywhere else?
I think things like global virtual marketplaces and escrow systems coming out soon will drive universal crypto acceptance forward and make cryptocurrency a useful part of everyday life.
Arguments for or against his accuracy?
This is pure speculative drivel. Nobody can tell what is going to happen next week, talk less of 2022. I was told early 2018 that it will trade @ $50K. It is now trading less than half its value when that prediction was made.