Balaji Bets the Dollar will Hyperinflate. NOT A DRILL!
Balaji Srinivasan is back on Bankless with alarming takes. According to Balaji, in the next 90 days, the Dollar will hyperinflate—and the Bitcoin price will skyrocket to $1 Million.
He’s backed up these claims with a million dollar bet. With these dire predictions and a track record of strong takes, we needed to hear him out.
Who should we bring on next to counter these claims?
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Timestamps:
0:00 Intro
7:50 Weeks when Decades Happen
9:30 $1 Million Bitcoin Bet
16:20 Balaji’s Track Record
19:00 Pandemic
https://twitter.com/balajis/status/12...
23:15 Hyperinflation
https://twitter.com/balajis/status/16...
27:50 US Banking Failure
https://twitter.com/balajis/status/16...
32:50 The Banks are Insolvent
https://pbs.twimg.com/media/FrXKYKcak...
https://twitter.com/balajis/status/16...
35:38 More Failure, More Funding
https://archive.is/0Jww3#selection-73...
40:30 FDIC and the Fed
https://www.telegraph.co.uk/news/worl...
https://www.federalreserve.gov/newsev...
44:18 Bank Runs
https://qz.com/the-feds-discount-wind...
https://twitter.com/balajis/status/16...
https://www.straitstimes.com/business...
https://www.federalreserve.gov/newsev...
52:25 Escaping to Gold
https://twitter.com/spectatorindex/st...
57:50 Exporting Inflation
https://www.theguardian.com/lifeandst...
https://www.wsj.com/graphics/red-econ...
https://howmuch.net/articles/rise-and...
1:04:30 Bitcoin in Wartime
https://pbs.twimg.com/media/FrrfQuaaU...
1:10:45 Capital Allocation
https://twitter.com/balajis/status/14...
1:13:30 The Only Real Banks
https://twitter.com/koeppelmann/statu...
1:20:49 Why Now?
https://twitter.com/balajis/status/16...
https://twitter.com/balajis/status/16...
https://twitter.com/0xfoobar/status/1...
https://www.google.com/search?q=sivb&...
https://www.google.com/search?q=usd+b...
1:28:15 Do This Now
https://twitter.com/MaxCRoser/status/...
1:34:52 A Year From Now
• How The Economic ...
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://www.bankless.com/disclosures
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