(05-05-2023, 11:49 AM)dabigv13 Wrote: Lol that Balaji dude is a clown. He predicted bitcoin was going to hit a million dollars due to hyperinflation in the US, bet a million dollars on it, and to his credit actually paid up when he turned out to be wildly wrong (Bitcoin is presently 30k, or 3% of what he predicted).
I think you missed the point of the bet. Hint: he didn't expect to win, but you know about the bet.
Also, he cited the Fed's own discussion about banking risks.