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.
Login to reply
Replies (2)
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 👇
#[1]