HYPERINFLATION: Balaji's MILLION Dollar Bet on Bitcoin

Balaji's predictions of Bitcoin reaching $1 million dollars in 90 days has shaken up discussions around hyperinflation. Nick and Souvlaki dive deeper into these possibilities, exploring what inflation actually is, real-world scenarios of hyperinflation, the possibility of hyperinflation happening in the US, and quite literally million dollar question of whether Bitcoin will reach $1,000,000 in 90 days.

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⏲ Time Stamps ⏲

0:00 Intro
01:00 - Topic for today
01:44 - What is the definition of inflation?
2:57 - Why is there always inflation?
7:21 - Why does the price of every goods and services not go up?
10:23 - What is hyperinflation?
11:42 - Causes and effects of hyperinflation
21:05 - How did hyperinflation happen in Yugoslavia?
23:14 - What happened in Zimbabwe?
28:10 - Could hyperinflation happen in the US?
35:41 - What are the chances of hyperinflation in the US?
41:21 - Is Bitcoin going to a million dollars in the next 90 days?
51:00 - People are looking for alternatives
53:48 - Sentiment towards Bitcoin is shifting
56:19 - Closing Remarks

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📜 Disclaimer 📜

This video is for informational purposes only. Nothing contained shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial adviser or registered investment adviser. Trading cryptocurrencies poses considerable risk of loss.

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