Bitcoin $250,000 in 2022 acording to billionaire Tim Draper

In a recent news item billionaire Tim Draper claims that bitcoin will be $250.000 in 2022.
An interesting prediction that comes along with many other people speculating on the rice of bitcoin's price.

What is my take on this?
Bitcoin is certainly an interesting investment. Though, right now, the real world use value of bitcoin is very low. It is quite unpractical to use the coin. To really increase in valued, it woud be necessary that there are more concrete use cases of bitcoin, that the coin is actually being used. That is probably the most important factor for bitcoin to really establish.

If you are invested you can read the news item here: https://bitcoinmagazine.com/articles/tim-draper-predicts-bitcoin-will-soar-250000-four-years/