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Former Coinbase CTO makes $1 million bet on Bitcoin price with Twitter user

律动BlockBeats · 2023-03-19T01:40:02.000Z

According to BlockBeats news, on March 19, former Coinbase Chief Technology Officer Balaji Srinivasan and Twitter user James Medlock made a million-dollar bet on the price of Bitcoin. Under the terms of the proposal, Balaji buys one Bitcoin and if the price does not reach $1 million within 90 days (June 17), he will win Balaji’s $1 million, and lose one Bitcoin if the price does not reach $1 million. Balaji said he also sought to make an equally sized bet on the price of Bitcoin with another person.

律动BlockBeats

Mar 19, 2023

According to BlockBeats, on March 19, former Coinbase CTO Balaji Srinivasan and Twitter user James Medlock made a million-dollar bet on the price of Bitcoin. According to the proposed terms, Balaji would buy one Bitcoin, and if the price of Bitcoin did not reach $1 million within 90 days (June 17), he would win $1 million from Balaji, otherwise he would lose one Bitcoin. Balaji said he was also seeking to make a bet of the same size on the price of Bitcoin with another person.

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