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👀 Is it true that Bitcoin will go to $1 million per coin?

This tech founder has just bet $1 million that Bitcoin will appreciate to $1million per coin in the next 90 days, Details inside 👇

GM. This is The Seek, your go-to source for all things crypto. We're the Scooby to your Shaggy in the digital currency world, always ready for an adventure and always ready to have some fun 🤠

Here's what's on the itinerary:

  • Tech Founder Bets On Bitcoin

  • Chesster The #1 Chess Newsletter In 2023 (Partner)

  • Important Dates For The Week

  • The Weekly Meme :)

TECH FOUNDER BETS THAT BITCOIN WILL GO TO $1 MILLION IN 90 DAYS

Oh boy, have you heard about the recent bet on Bitcoin? This bet is one of the craziest things I have seen in a while!

Balaji Srinivasan has made a million-dollar bet that Bitcoin's price will exceed $1 million in the next 90 days. That's right, you heard it here first, folks! This guy is either a genius or completely insane 🤪

Before we get into why he made this bet, who is Balaji Srinivasan? He is a technology entrepreneur, investor, and academic who has founded several startups and served as the chief technology officer of Coinbase. He is also a prominent advocate for decentralization/cryptocurrency and has recently been known for making accurate future predictions on Twitter.

Here is the whole thought process on how Bitcoin will go to $1 million in 90 days:

  1. US dollar dies because of hyper inflation and he believes if one more bank run happens the US economy will be heading to the toilet

  2. Since the US dollar is the World's reserve currency he believes once it collapses everyone will be in panicking and put their money in a decentralized currency like Bitcoin

  3. Once this happens Bitcoin's price will skyrocket from $25,000 --> $1,000,000 per Bitcoin 🚀

I'm not sure if Balaji is a financial expert or just a gambling addict with a lot of spare cash, but it certainly takes some guts to make a bet like this. I am pro-crypto, but $1,000,000 in 90 days is crazy.

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IMPORTANT DATES FOR THE WEEK

  • 3/29/2023 - The Seek Newsletter

THE WEEKLY MEME

That wraps it up, stay tuned for next Wednesday. If you haven't seen last weeks news then you need to check this out 👇

DISCLAIMER: The Seek does not provide any financial advice. This newsletter is strictly for educational purposes and should not be used to make any financial actions. Please be careful and do your own research.