Billionaire Bitcoin Evangelist Shelves ‘Three Californias’ Plan after Legal Setback Author: Josiah Wilmoth Last Updated: 10 August 2018 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” The post Billionaire Bitcoin Evangelist Shelves ‘Three Californias’ Plan after Legal Setback appeared first on CCN