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Former Coinbase CTO Loses $1 Million Bitcoin Bet, Warns About US Hyperinflation

Coinbase’s former chief technology officer Balaji Srinivasan has settled his bet from March that Bitcoin would reach $1 million in just 90 days, while warning the public that he still believes hyperinflation is coming. “...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Former Coinbase CTO Loses $1 Million Bitcoin Bet, Warns About US Hyperinflation
Coinbase’s former chief technology officer Balaji Srinivasan has settled his bet from March that Bitcoin would reach $1 million in just 90 days, while warning the public that he still believes hyperinflation is coming.
“I just burned a million to tell you they're printing trillions,” Srinivasan started his Twitter thread by saying, while explaining that he made the bet not to make money, but to rather as way to get people’s attention....
Read More: Former Coinbase CTO Loses $1 Million Bitcoin Bet, Warns About US Hyperinflation

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