Crypto Currency Tracker logo Crypto Currency Tracker logo
cryptonews 2023-05-04 18:30:00

Former Coinbase CTO Loses $1 Million Bitcoin Bet, Warns About US Hyperinflation

Coinbase’s former chief technology officer Balaji Srinivasan has settled his bet from March that Bitcoin would reach $1 million in just 90 days, while warning the public that he still believes hyperinflation is coming. “I just burned a million to tell you they're printing trillions,” Srinivasan started his Twitter thread by saying, while explaining that he made the bet not to make money, but to rather as way to get people’s attention.... Read More: Former Coinbase CTO Loses $1 Million Bitcoin Bet, Warns About US Hyperinflation

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.