balaji srinivasan is betting someone that the US will enter hyperinflation within 90 days, which he believes will be signified by bitcoin hitting $1 million

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he's actually betting $2 million in total, because he's agreed to take the bet with one as-yet-unspecified person (many have volunteered)

they don't even have to put up $1M, just 1 BTC (currently ~$27,500)

i suppose this could be interpreted as a bet that USDC goes to $0 in 90 days lol

if i was the counterparty, i'd get a lawyer to draft something up specifying balaji still has to cough up the USD if USDC properly depegs in that period

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@molly0xfff my thought exactly! It severely de-pegged just a few days ago!

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