Billionaire Bitcoin Evangelist Shelves ‘Three Californias’ Plan after Legal Setback

Billionaire Bitcoin Evangelist Shelves ‘Three Californias’ Plan after Legal Setback

Billionaire bitcoin evangelist Tim Draper has grudgingly shelved his ambitious plan to split California into three states. Draper, a venture capitalist and prolific cryptocurrency investor, wrote in a letter dated Aug. 2 that he will not appeal a court decision barring his initiative — formally known as Proposition 9 but better known as “Cal 3”

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Source: Billionaire Bitcoin Evangelist Shelves ‘Three Californias’ Plan after Legal Setback – BitcoinDigest