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Balaji Srinivasan Explains $1M Bitcoin Bet Rationale, Says Could Take Longer Than 90 Days

Relating the chances of bitcoin reaching $1 million to the probability of some sort of Black Swan event in the U.S. economy, Srinivasan said he thinks there’s a 10% chance of a very serious issue in months, a 70% chance of one in years, a 19% chance within decades and a 1% chance it takes a century or more.

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