Balaji Srinivasan, and why we should be worried about his $2 million bet

Enrique Dans
Enrique Dans
Published in
4 min readMar 23, 2023

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IMAGE: A supposed graph predicting a skyrocketing appreciation of the bitcoin to $1M in 90 days

On March 17, Balaji Srinivasan made the following prediction on Twitter: the value of bitcoin, then around $26,000, would increase to $1 million within the next 90 days. What’s more, he did not stop at the prediction, and offered to place $2 million in an escrow account and exchange one million for one bitcoin within ninety days, in mid-June: two people accepted the…

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Enrique Dans
Enrique Dans

Professor of Innovation at IE Business School and blogger (in English here and in Spanish at enriquedans.com)