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1266: EX-COINBASE CTO EXPLAINS $1 MILLION BITCOIN BET RATIONALE, SAYS COULD TAKE LONGER THAN 90 DAYS!!

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Manage episode 362012409 series 2835096
Content provided by Justin Verrengia. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Justin Verrengia or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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.

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1215 episodes

Artwork
iconShare
 
Manage episode 362012409 series 2835096
Content provided by Justin Verrengia. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Justin Verrengia or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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

  continue reading

1215 episodes

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