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
🍿
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
@molly0xfff this is an absolutely insane bet, if you're long BTC there are countless different ways to make more money. Like, I think his brain is seriously broken
