The bet between billionaire Balaji and VATman Medlock on Twitter is going viral.
Balaji is betting that due to hyperinflation Bitcoin will be worth $1 million dollars in 90 days.
I thought it interesting to see what that would look like on the logarithmic.
Seems totally farfetched... or is it? :D
Heres the bet below:
@jdcmedlock
I'll bet anyone $1 million dollars that the US does not enter hyperinflation
@balajis
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.
Balaji is betting that due to hyperinflation Bitcoin will be worth $1 million dollars in 90 days.
I thought it interesting to see what that would look like on the logarithmic.
Seems totally farfetched... or is it? :D
Heres the bet below:
@jdcmedlock
I'll bet anyone $1 million dollars that the US does not enter hyperinflation
@balajis
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.