I prominent twitter guy just made a $1M bet that there will be hyperinflation in the US within 90 days

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Mar 18, 2023
5:16:08pm

cheezedawg Properly rated

I prominent twitter guy just made a $1M bet that there will be hyperinflation in the US within 90 days

He’s put $1M in escrow for the bet. Don’t read his twitter feed if you don’t want anxiety.

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.
All we need is a mutually agreed custodian who will still be there to settle this in the event of digital dollar devaluation.
If someone knows how to do this… https://t.co/tcuBNd679T pic.twitter.com/6Aav9KeJpe
— Balaji (@balajis) March 17, 2023

https://twitter.com/balajis/status/1636797265317867520

This message has been modified

Originally posted on Mar 18, 2023 at 5:16:08pm

Message modified by cheezedawg on Mar 18, 2023 at 5:16:21pm

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cheezedawg

Bio page: cheezedawg
Joined: Oct 4, 2007
Last login: Apr 29, 2024
Total posts: 66,321 (16,728 FO)

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Messages

Author

Time

Looks like FED will raise .25 interest and pause on QT. Did $300B QE last week

roseyscenario

3/18/23 4:47pm

RE: Looks like FED will raise .25 interest and pause on QT. Did $300B QE last

TNT

3/18/23 4:48pm

If only TNT had paid attention in school

UNLVcougar

3/18/23 4:51pm

How dare you. His mom was an excellent teacher

TNT

3/18/23 4:52pm

TV can only teach you so much.

JohnnyC

3/18/23 4:56pm

TNT's mom was a TV?

Schultz is back

3/18/23 5:02pm

I prominent twitter guy just made a $1M bet that there will be hyperinflation in the US within 90 days

cheezedawg

3/18/23 5:16pm

Isn't that the guy that always predicts doom and then deletes his tweets when

Kajdin

3/18/23 5:27pm

Is he saying that he thinks BTC will be over $1M in 90 days? That’s crazy talk

Mike Honcho

3/18/23 5:52pm

Definitely seems crazy

cheezedawg

3/18/23 6:10pm

At least his wager isn’t as crazy as Macafee’s was

Mike Honcho

3/18/23 7:57pm

Surprised it hasn't happened sooner, and been steeper. Gotta pay the piper at some point. Might as well be now.

3/18/23 5:29pm

There were a lot of very smart people that missed the whole Main street

Nat Gas Man

3/18/23 5:45pm

That's my expectation as well. Or higher. IMO, additional variable costs will enter into the logistics chain.

3/18/23 5:52pm

That will just put a lot of pressure on wages.

JohnnyC

3/18/23 6:00pm

Agreed. The reduction of the middle class thru inflation is a significant concern. We all know that tax brackets won't

3/18/23 6:04pm

Longer. Like 20 years. We've got a demographic problem on top of that. Too many

CougarTailDevourer

3/18/23 6:58pm

Not enough numbers, let alone what percent are even willing to work instead of mooching of aging parents and government?

3/18/23 7:45pm

AI seems to be the only way to get around this issue. Would be interesting to

CougarTailDevourer

3/18/23 10:49pm

Don’t worry it s just transitory….

BYU Grounds

3/18/23 6:49pm

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