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Balaji was and is a shitcoiner who occasionally got a thing or two right in his predictions. By this summer, we’ll find out if he’s a stark raving lunatic, or one of the most prescient thinkers of our time (and unexpectedly, the most uberbullish maxi)

Pierre 2y ago

Which one is it?

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Discussion

Avi Burra 2y ago

I’m not going to link to the haram bird site, but he’s made a slightly confusing bet that hyperinflation is coming in the next 90 days and that will eventually push Bitcoin price to $1M USD. Many people are reading it as BTC will be $1M USD in 90 days, although I don’t think that’s what he’s saying. I’ll write a more detailed note about this tomorrow

Hurvajs Rumcajs 2y ago

Balaji @balajis says (I'm paraphrazing):

The hyperinflation has started in stealth. The bailout funds went from $25b in march to $2T now. And that it won't stop and be quite quick.

Closing up the us crypto banks is a way to barr people in the collapsing system. No time to close all exits all over the world though.

BTC $1M means it's happened.

I've been so desensitivized with such predictions that it's "yeah? ok, whatever"

💁

Hurvajs Rumcajs 2y ago

Sorry, I'm reading too fast... the $1m is a price money, Balaji wants to give away $1k at the time for tweets with charts and evidence that it is indeed happening. No mention of "final bitcoin price".