Recently, Balaji Srinivasan , Coinbase’s former CTO, placed a remarkable $2 million wager on Bitcoin’s future success, anticipating a stunning $1 million valuation within just 90 days.
He primarily attributes this audacious projection to the possibility of hyperinflation occurring in the United States. Exploring factors for this milestone, it’s crucial to consider Srinivasan’s forecast’s potential impact on the broader crypto market and financial landscape.
One of the most lopsided bets I’ve ever seen. Balaji bets 1M USD that 1 Bitcoin is at least 1M USD in 90 days. He simply can’t win. pic.twitter.com/tvJ0hiSyqL — Nick
License.
