0 sats \ 2 replies \ @k00b 18 Mar 2023 \ parent \ on: Balaji betting $1 million that 1 BTC is > $1 million in 90 days bitcoin
Counterparties can bet that bitcoin's price will be less than $1m in 90 days with ~40:1 odds. Specifically, he bet 2 people bitcoin will be at $1m in 90 days. If he wins, they pay him 1 bitcoin. If they win, he pays them $1m.
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0 sats \ 1 reply \ @ar 18 Mar 2023
Did the other people KYC or is this a new boating accident strategy?
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0 sats \ 0 replies \ @k00b 19 Mar 2023
I think it’s people he knows
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