At the Web Summit conference held in Lisbon, venture investor Tim Draper once again confirmed his opinion that by 2022, Bitcoin will cost $ 250,000.

Tim Draper, an American venture capitalist and founder of Draper Fisher Jurvetson (DJF), made another statement on Bitcoin on CNBC's "Closing Bell" television show on Thursday.

In five years, the use of state currencies will come to naught, since they will be replaced by cryptocurrencies.