Why You’ve Misunderstood Balaji’s $1 Million Bitcoin Bet

Nearly a month ago Balaji Srinivasan agreed to a high-stakes bet; claiming that Bitcoin would reach a price of $1 million within the next 90 days. As you can imagine this took not only the crypto market but the entire financial market by storm. It was being talked about everywhere. Even the most optimistic of Bitcoin bulls were taken by surprise by this bet. It has caused quite a debate…