Balaji Bets the Dollar will Hyperinflate to Zero. NOT A DRILL!

Balaji Srinivasan is back on Bankless with alarming takes. According to Balaji, in the next 90 days, the Dollar will hyperinflate—and the Bitcoin price will skyrocket to $1 Million.
Collect this episode Floor: 0.18 ETH
Mar 21, 202301:41:03

Inside the episode

Balaji Srinivasan is an investor, founder, and Former CTO of Coinbase and GP at a16z and author of The Network State

He’s backed up these claims with a million dollar bet. With these dire predictions and a track record of strong takes, we needed to hear him out.

Who should we bring on next to counter these claims?


0:00 Intro

7:50 Weeks when Decades Happen

9:30 $1 Million Bitcoin Bet

16:20 Balaji’s Track Record

19:00 Pandemic

23:15 Hyperinflation

27:50 US Banking Failure

32:50 The Banks are Insolvent

35:38 More Failure, More Funding

40:30 FDIC and the Fed

44:18 Bank Runs

52:25 Escaping to Gold

57:50 Exporting Inflation

1:04:30 Bitcoin in Wartime

1:10:45 Capital Allocation

1:13:30 The Only Real Banks

1:20:49 Why Now?

1:28:15 Do This Now

1:34:52 A Year From Now

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