Draper reasons that since women constitute about 80% of retail spending, if merchants begin accepting BTC due to its lower transaction costs, the broader use of BTC could send the largest crypto by market cap past $250,000.
Draper hints that the benefit to retailers is obvious. He said that women “control about 80% of retail spending,” and that retailers can save a lot on fees paid to credit card companies by choosing Bitcoin. Women constitute 30% of all crypto owners in the United States,Hodler's guide to travel: Which platforms accept cryptocurrency?
The level of adoption that Draper hopes for may not be far off, as Morning Consult found that about 24% of American households own crypto, which is up 2% from July 2021. If Draper is right, then it could start a cascade event which would also validate Mastercard CEO Michael Miebach’s prediction that the global payments system SWIFT
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