1266: EX-COINBASE CTO EXPLAINS $1 MILLION BITCOIN BET RATIONALE, SAYS COULD TAKE LONGER THAN 90 DAYS!!
Bitcoin News Alerts | Daily BTC Macro Signal · Justin Verrengia
Audio is streamed directly from the publisher (dts.podtrac.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Entrepreneur Balaji Srinivasan explained the rationale for his bet that Bitcoin (BTC) could reach $1 million in price by June 17 as he spoke remotely by video link at CoinDesk's Consensus 2023 conference, which is being held in Austin, Texas.
Srinivasan, a former chief technology officer of crypto exchange Coinbase (COIN), is credited by many for predicting the effects of COVID earlier than most. In March, he predicted stupendously bullish prospects for the king crypto (bitcoin) in response to the devaluing of the U.S. dollar. He said the BTC price could reach $1 million in 90 days after March 17.
"Could it be that it takes 900 days or even 90 months? It's possible, I don't have a 100% probability on it," Srinivasan said on Friday.
Learn more about your ad choices. Visit megaphone.fm/adchoices