The worst thing about this bet is that Balaji isn't just going to beclown himself but also his network states. A pity, really, they deserve better.

If you ever wondered what "stay humble" means in the "Stay humble and stack sats" motto, this is the exact opposite of it.

HOWEVER: the actual condition of the bet is not 1 BTC > 1M USD, it's "US enters hyperinflation", whatever that means.

This was updated in a subsequent tweet. It is that 1 HTC > 1M USD