Balaji Srinivasan, a former chief technical officer of Coinbase, has wagered $1 million on the price of Bitcoin during the following ninety days, anticipating that it would hit $1 million by June 17.
James Medlock, a Twitter user going by a fake name, offered to bet anyone $1 million that the United States will not experience hyperinflation on March 17. The previous Coinbase CTO accepted the wager a short while afterwards.