This is the best summary of Balaji's bet.

In addition to that, I must add that it is likely Balaji has quite some bitcoins or he bought call options. Being able move the prices upwards a little bit will easily cover his loss from the bet. Marketing and waking up people; win-win.

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yes no doubt Balaji has lots of bitcoins, other currencies, dollars, etc

this is an easy bet for him to cover iow

appreciate your kind words btw 🙏

I hope his very public bet gets ppl talking, and thinking…I hope for ppl ‘on the fence’ to begin to wake up

It takes a fair amount of thinking, questioning, and downright *rejection* of the system we’ve all been conned into believing is safe and sound

because folks, it is not

it is a house of cards

when it fails it will fail fast, and hard, and without any warning at all

our generation in the west, has never experienced a true national money failure

2008 came the closest but ultimately did not fail..they were able to stem the *contagion* and continue the game

they’re so very very desperate to continue it right now

#bitcoin

Here 👇

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