American venture capital investor and entrepreneur Tim Draper took the master stage at Paris Blockchain Week 2023 to give his keynote speech on, “The Decentralization of Everything" which he ended with a self-composed Bitcoin song.
The speech opened by touching on the general distrust of cryptocurrencies - primarily Bitcoin (BTC) - from centralized governments. “I think they are absolutely panicking right now,” he said.
Draper particularly angled his thoughts through the lens of the recent Silicon Valley Bank (SVB) crisis, which he called a “crisis of trust.”
However, according to the investor, a smooth transition out of these latest bank failures will not be likely under the current leadership in the United States. He signaled to the recent remarks against cryptocurrencies stemming from the White House.
His whole speech boiled down to his belief that an inevitable change is coming stemming from decentralized financial tools like Bitcoin, and called it a “drumbeat that keeps coming and coming.”
He continued saying that weak leaders will be revealed by those who resist it. Whereas strong leaders embrace it and are looking for this change. He concluded his speech with a 3-minute song, which wrote and performed.
Tim Draper spitting fire #btc #ParisBlockchainWeek pic.twitter.com/RNNhNURxJv
According to Draper the song was written four years ago but more relevant than ever today. It touched on Satoshi, Bitcoin, banks, governments and the want for a new world order.
Related: Paris Blockchain Week 2023: First day of the Summit kicks off
Before he began he dedicated the song to SVB and “all the banks that have failed and will fail.”
The song got a round of applause from the audience, as well as the panelists who followed Draper
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