Renowned scholar and risk analyst nntaleb has labeled balajis's Bitcoin price prediction
on Twitter that he would bet $1 million that bitcoin would reach $1 million within 90 days, sparking heated debates and backlash from the cryptocurrency community.
Taleb, author of The Black Swan, The Bed of Procrustes, and Antifragile, is known for his expertise in risk analysis and probability, making his criticism particularly scathing.He also highlighted that Srinivasan's bet could be exploited for arbitrage, inviting his followers to identify the optimal strategy.
Matt Levine, a financial journalist, also questioned the logic behind the outlandish prediction. He pointed out that if Srinivasan truly believed that the flagship cryptocurrency would be worth $1 million in 90 days, he should be buying 40 bitcoins instead of just one.
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