The bet between billionaire Balaji and VATman Medlock on Twitter is going viral. Balaji is betting that due to hyperinflation Bitcoin will be worth $1 million dollars in 90 days.
I thought it interesting to see what that would look like on the logarithmic. Seems totally farfetched... or is it? :D
Heres the bet below:
@jdcmedlock I'll bet anyone $1 million dollars that the US does not enter hyperinflation
BalajiS 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.