TechnologyA look at Balaji Srinivasan's proposed $1M bitcoin bet,...
Technology

A look at Balaji Srinivasan's proposed $1M bitcoin bet, predicting one BTC will be worth $1M+ in 90 days, which makes little sense besides attracting attention (Matt Levine/Bloomberg)

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Matt Levine / Bloomberg:

A look at Balaji Srinivasan’s proposed $1M bitcoin bet, predicting one BTC will be worth $1M+ in 90 days, which makes little sense besides attracting attention  —  Credit Suisse  —  It is sometimes useful to think that the shareholders of a bank are not its owners; they are just renting it from its creditors.





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