Podcasts/Bitcoin News Alerts | Daily BTC Macro Signal/1224: BITCOIN WILL REACH $1 MILLION IN NEXT 90 DAYS - EX-COINBASE CTO BETS HIS NET WORTH!!
Bitcoin News Alerts | Daily BTC Macro Signal
Episode 1224

1224: BITCOIN WILL REACH $1 MILLION IN NEXT 90 DAYS - EX-COINBASE CTO BETS HIS NET WORTH!!

March 18, 2023·19m

Show Notes

Balaji S. Srinivasan, former CTO of the Coinbase crypto exchange bets his net worth that the Bitcoin price will breach $1 million per BTC in the next 90 days.

"I will take that bet.

You buy 1 BTC.

I will send $1M USD.

This is ~40:1 odds as 1 BTC is worth ~$26k.

The term is 90 days.

All we need is a mutually agreed custodian who will still be there to settle this in the event of digital dollar devaluation.

If someone knows how to do this with a smart contract, we can do it on chain, so I can send USDC.

If you won't do that, name a custodian."

Learn more about your ad choices. Visit megaphone.fm/adchoices