PANews reported on May 14 that according to CoinDesk, American billionaire investor Tim Draper said in an interview that Bitcoin will replace the US dollar as the world's main reserve currency in the next decade. He reiterated his prediction that Bitcoin will reach $250,000 by the end of 2025, and pointed out that when Bitcoin can be used for daily payments and tax payments, the US dollar will lose its value. Draper used the collapse of Silicon Valley Bank in 2023 as an example to emphasize the fragility of the traditional financial system and suggested that companies hold both fiat currency and Bitcoin to cope with banking crises. In addition, Draper believes that although stablecoins help popularize digital currencies, they will eventually face inflation problems like fiat currencies. He specifically mentioned that the US dollar index has fallen 8% this year, hitting a new low since April 2022, which confirms his prediction of "the decline of the US dollar."