Why this man bet $1M that Bitcoin will be worth $1M in 3 months
Balaji is an ideological activist.
He believes the US will enter hyperinflation within 3 months.
He also believes that Bitcoin will reach $1 million in 3 months too.
He bet $1M on this.
For reference, this is what hyperinflation looks like:
- The price of everything ×10,000
- Your salary ×1000
- So everything 10x more expensive
- All your savings gone
- People carry cash in wheelbarrows
On the plus side, your mortgage and car are immediately paid off.
