Subnostr

davies 2y ago

A countdown on Balaji’s Bitcoin to $1m

Great URL - https://usd.rip

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Discussion

Qno 2y ago

davies 2y ago

Qno 2y ago

Yeah sorry I'm just asking what this means. Not heard of it.

davies 2y ago

No worries. Balaji has made a bet that bitcoin will go to $1m in 90 days because of hyperinflation. It’s all been happening on Twitter

Qno 2y ago

Hmmm. If we frame it that the dollar will drop to 100 satoshis before next summer I'd say there's a very good chance. I don't see the point of betting on it. We bet by the amount of bitcoin we buy - or not.

What was he putting up? I couldn't find the actual bet in his tweets.

davies 2y ago

More detail

https://twitter.com/balajis/status/1638136293065658368

JeffG 2y ago

LOL – phenomenal URL.

davies 2y ago

ikr they were obviously keeping it for a special occasion like this one 😀

𝖋𝖎𝖆𝖙𝖉𝖊𝖓𝖎𝖊𝖗 (¯`◕‿◕´¯) 2y ago

This is such a stupid bet, they guy betting against can buy 2 BTC lock be 1 up for the bet. If BTC gets to 1M, he lose 28k but made 1M, if BTC doesn’t get to 1M, he makes 1M. He can’t lose.