In an interview with Bloomberg Markets, Tim Draper, who is described as a Bitcoin bull, announced two altcoins that he follows closely.

Draper stated that he is following the Ethereum-based altcoin Aragon (ANT) and the open-source programmable blockchain Tezos (XTZ) due to its strong fundamentals and unique use cases.

Stating that XTZ has what he wants to see in a crypto money project, Draper;

   “What I am looking for is who are the entrepreneurs and engineers behind a particular cryptocurrency. I love some coins. I love Tezos because they have a great engineering team and they have redefined how to run a token. They do this as proof of stake. They use less energy and have a new management style, and that's exciting.”

Another altcoin that Bitcoin bull Draper is following is Ethereum-based Aragon. Allowing users to form their own decentralized autonomous organization (DAO), Aragon had developed a community-run decentralized court system to handle subjective disputes requiring judgment from human jurors. For this system, Draper “Could revolutionize the way juries work.” said.

Regarding BTC, Draper claimed that Bitcoin is a great hedge against inflation and is more reliable than government institutions.

   “I think Bitcoin will be a good choice for investors. Because the supply of Bitcoin is limited to 21 million BTC. Better to rely on a decentralized system that allows us to use them everywhere, rather than trying to rely on a bank or a government agency.”