bitcoin bet – DIGIT INFO

Bitcoin OG bets surprising sum on BTC hitting $100K before the halving

DIGIT — Mon, 07 Aug 2023 03:05:00 +0000

Adam Back has joined a growing roster of market commentators who are bullish on the price of Bitcoin ahead of next year’s halving event.

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Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

DIGIT — Thu, 04 May 2023 05:30:29 +0000

Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million, more than the initially committed $1 million, with two-thirds of the money donated to two organizations. Former Coinbase […]

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Balaji pays out his crazy $1M Bitcoin bet, 97% under price target

DIGIT — Wed, 03 May 2023 01:19:57 +0000

The former Coinbase exec settled the high profile wager 45 days ahead of time but remains convinced that a “fiat crisis” is inevitable.

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Balaji Srinivasan: ‘Giant Robot’ of Crypto-Friendly States Needed to Battle ‘Giant Monster’ of US Gov., Explains Why He Made Bitcoin Bet

DIGIT — Thu, 13 Apr 2023 14:19:56 +0000

Tech entrepreneur, angel investor, and author of The Network State, Balaji Srinivasan, says a proverbial “giant robot” of supportive governing bodies and crypto proponents is needed to do battle with the “giant monster” of the U.S. federal government. The former CTO of Coinbase also said he will issue an update on his ongoing $1 million-dollar […]

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A Million-Dollar Bitcoin Bet, Financial Crisis Warnings Abound, and Ordinal Inscriptions Surpass 500,000 — Week in Review

DIGIT — Sun, 26 Mar 2023 12:30:41 +0000

Venture capitalist Balaji Srinivasan says hyperinflation is happening now, and is making million-dollar bets that the price of bitcoin will reach $1M in 90 days. In related news, myriad voices from the world of finance are sounding off about inflation, recession, and a brewing economic crisis. In spite of the economic turmoil, however, Federal Reserve […]

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Balaji Srinivasan Says Hyperinflation Happening Now — Makes Million-Dollar Bets on Bitcoin Price Exceeding $1M in 90 Days

DIGIT — Sun, 19 Mar 2023 00:30:53 +0000

Venture capitalist and angel investor Balaji Srinivasan says hyperinflation is happening now. Expecting the price of bitcoin to soon hit $1 million, he is making million-dollar bets that it will happen in 90 days. Srinivasan also advised investors to buy bitcoin, which he believes to be “a hedge against hyperinflation, monetary debasement, bank freezes, and […]

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