Former Coinbase CTO makes $2M bet on Bitcoin’s performance
Former Coinbase chief technology officer Balaji Srinivasan has made a millionaire bet on Bitcoin’s ( BTC) price over the next 90 days, predicting the cryptocurrency will reach $1 million by June 17. The wager was initiated on March 17, when pseudonymous Twitter user James Medlock offered to bet anyone $1 million that the United States would not experience hyperinflation.