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The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
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We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
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Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
DurwinBurger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
DurwinSomeone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
DurwinThe youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
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“I’ll bet anyone $1 million that the US does not enter hyperinflation.”
Apparently, that was a trigger for Balaji.
He wanted to prove that James Medlock, a random Twitter pseudonym, wrong.
His bet: 1 Bitcoin will be worth $1M+ in 90 days.
That was his bold bet.
But is it also blinded?
Holds no weight or water.
Apparently.
He just closed it out (indirectly admitting that he lost).
“In closing out his $1 million bet, Srinivasan made three $500,000 donations, one to fund Bitcoin Core development at Chaincode Labs, one to Give Directly and one to pseudonymous Twitter user James Medlock, who back in March offered to bet $1 million that the U.S. would not experience hyperinflation.”
Strange, it hasn’t even been a month or so.
And Balaji is already closing the bet and paying up.
“I just burned a million to tell you they’re printing trillions”
He claims to have done the bet and paid up to make a point as loud as he possibly can.
That the feds are printing money and it is not healthy for the economy.
He is saying that the world will unanimously redenominates on Bitcoin as digital gold eventually.
Hmm, I wonder how much BTC he has.
The balls on this fella…
But this is no ordinary fella.
He is Balaji Srinivasan, who was once the CTO of Coinbase, was also a GP at Andreessen Horowitz.
He is a serial entrepreneur, respected intellectual and angel investor with a lot of BTC (rumored).
He is very well respected in the startup, tech, VC and web3 world.
So why would he, of all people, go on Twitter to make such a ludicrous bet?
Did he stand to gain financially?
Was he somehow forced to do it?
Was it really all for attention and calling out the feds?
Was he trying to shout and warn us all of hyperinflation?
Either way, he has the brains and money to do it.
It was a bet that he had very, very little chance of winning.
Perhaps that was the point.
To make a bet so ridiculous, that people noticed and started spreading.
He must be loaded and doing really well, to shell out millions via seemingly frivolous Tweets.
To be fair, you can’t say that he lost the money.
He donated $1.5M to various entities.
James Medlock, received $500k!
I just wished I was the one who goaded him into betting!
-
Will bitcoin ever hit $1M?
-
#CryptoInvestments #Bitcoin #Ethereum #Hyperinflation #InvestmentStrategy #MarketVolatility #RiskManagement #FinancialDecisions #CryptocurrencyAnalysis #LongTermInvesting #balaji #balajisrinivasan
“I’ll bet anyone $1 million that the US does not enter hyperinflation.”
Apparently, that was a trigger for Balaji.
He wanted to prove that James Medlock, a random Twitter pseudonym, wrong.
His bet: 1 Bitcoin will be worth $1M+ in 90 days.
That was his bold bet.
But is it also blinded?
Holds no weight or water.
Apparently.
He just closed it out (indirectly admitting that he lost).
“In closing out his $1 million bet, Srinivasan made three $500,000 donations, one to fund Bitcoin Core development at Chaincode Labs, one to Give Directly and one to pseudonymous Twitter user James Medlock, who back in March offered to bet $1 million that the U.S. would not experience hyperinflation.”
Strange, it hasn’t even been a month or so.
And Balaji is already closing the bet and paying up.
“I just burned a million to tell you they’re printing trillions”
He claims to have done the bet and paid up to make a point as loud as he possibly can.
That the feds are printing money and it is not healthy for the economy.
He is saying that the world will unanimously redenominates on Bitcoin as digital gold eventually.
Hmm, I wonder how much BTC he has.
The balls on this fella…
But this is no ordinary fella.
He is Balaji Srinivasan, who was once the CTO of Coinbase, was also a GP at Andreessen Horowitz.
He is a serial entrepreneur, respected intellectual and angel investor with a lot of BTC (rumored).
He is very well respected in the startup, tech, VC and web3 world.
So why would he, of all people, go on Twitter to make such a ludicrous bet?
Did he stand to gain financially?
Was he somehow forced to do it?
Was it really all for attention and calling out the feds?
Was he trying to shout and warn us all of hyperinflation?
Either way, he has the brains and money to do it.
It was a bet that he had very, very little chance of winning.
Perhaps that was the point.
To make a bet so ridiculous, that people noticed and started spreading.
He must be loaded and doing really well, to shell out millions via seemingly frivolous Tweets.
To be fair, you can’t say that he lost the money.
He donated $1.5M to various entities.
James Medlock, received $500k!
I just wished I was the one who goaded him into betting!
-
Will bitcoin ever hit $1M?
-
#CryptoInvestments #Bitcoin #Ethereum #Hyperinflation #InvestmentStrategy #MarketVolatility #RiskManagement #FinancialDecisions #CryptocurrencyAnalysis #LongTermInvesting #balaji #balajisrinivasan
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