I offer a guaranteed way to earn $1 million!
If you are absolutely certain that bitcoin will not reach $1 million within the next three months, there is one very famous person who believes that it will. He is willing to bet with anyone for 1 BTC and 1 million USDC, and in order to ensure fairness, he will do so through a smart contract.
Balaji Srinivasan, a partner at investment firm Andreessen Horowitz, has tweeted that he is transferring $2 million into USD Coin (#USDC) #stablecoins to participate in a "million-dollar" bet.
Srinivasan believes that in the near future, the world may experience hyperbitcoinization, where #BTC becomes fully-fledged digital gold. He predicts that not only private investors, commercial firms, and funds will actively buy BTC, but the governments of many sovereign states, including the US, the Middle East, and the EU, will join them.
Srinivasan is also convinced that the US Federal Reserve System (FRS) is deliberately hiding from the world community how many assets American banks actually have on their balance sheets. In his opinion, as soon as people realize the deception, everything will happen very quickly, and all dollar liquidity will be destroyed.
"Regulators know that American banks are insolvent, but do not warn depositors about this. Therefore, the banking crisis came as a surprise to everyone. The FDIC and the FED have long known that SVBs - and hundreds of other banks - have fewer assets than liabilities. No one informed us that all our money was gone. We are waiting for a long-term depreciation of the US dollar against BTC," wrote Srinivasan.
The businessman claims that as soon as Indian Prime Minister Narendra Modi instructs the Central Bank of India to buy BTC, the game will be over. He advises buying bitcoin in advance. Srinivasan stated that under the terms of the bet, the losing side pays the winner $1 million.
Today, the cost of BTC has reached $27,500. According to the information portal 99 Bitcoins, bitcoin has survived its 474th "clinical death" and successfully revived, which gives crypto investors hope for the end of the crypto winter and the revival of the digital asset market.
So, are you too weak to participate in the bet? After all, you are certain that bitcoin will not be worth $1 million in the next 90 days. Are you sure that bitcoin will gradually rise for a few days or weeks and then drop again to reach local lows? Well, why not bet a million dollars to double it in 90 days? Are you ready to bet with the former Coinbase CTO? Or are you afraid that BTC will still reach a million?
However, a better option would be to simply buy bitcoin. If it grows 40 times in three months, it will definitely be more than the promised 2X from Balaji, and if it doesn't grow, no one can guarantee that the smart contract will definitely work, and you will receive your million dollars.
By the way, does he remind you of anyone?
Thank you for being here and reading to the end!
Posted Using LeoFinance Beta