Crypto Braces for a $20 Trillion ‘Black Swan’ as Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Polygon, and Solana Prices Soar: ‘They’re Printing Trillions’

Technology investor Balaji Srinivasan has repeated his claim that bitcoin could reach $1m, arguing that despite pulling back his prediction, the risk he outlined of US inflation means the crypto bet remains an appealing directional signal. Srinivasan, an early bitcoin investor and former CTO of Coinbase, suggested a US sovereign default could be driven by an inability to lift the US’ existing $31.4tn debt ceiling, with money printing currently underway to prop up banks. But he admitted certainty over the timing of such an event was elusive. Srinivasan is currently making a bet on PredictIt, a political betting website that lets traders win money if an event occurs by buying low and selling high.

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About The Author

Niels I have been passionate about dogecoin since 2019, and have since become an avid follower and advocate of the cryptocurrency. I keep a close eye on the Dogecoin market and trends, and I'm always up-to-date with the latest news and developments. As a true believer in the potential of dogecoin, I am excited to be a part of the growing community and I'm eager to share my knowledge and experience with others. When not busy with dogecoin, I enjoy golf, and I can often be found on the golf course.

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