Legendary investor balajis places a giant bet on $BTC to surpass $1,000,000 in 90 days BitSignal
As covered by U.Today previously, the crash of major U.S. institutions triggered a series of painful collapses on VC markets.Largely, the commentators on Srinivasan's account are pessimistic about the prospects of his bet. Even Bitcoin bull and crypto influencer who goes by Colin Talks Crypto stressed that this bet might be a"FOMO"-triggered proposal:
I feel like this is the ultimate FOMO bet. As in: you saw BTC go up a $5k in a few days and got so excited that you somehow extrapolated a mental model for another $975k gain. At the same time, Balaji Srinivasan launched yet another initiative to spread the word about the upcoming devaluation of the U.S. Dollar. In his tweet, he offered 1,000 prizes of $1,000 each for content that would alert Twitter users about the collapse.
In this campaign dubbed"BitSignal," he will reward the best 1,000 pieces of content with bonuses in Bitcoin .
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