Part 1: Pomp On Balaji's 90 Day Bitcoin Bet, Digital Catastrophes, And Failing Banks
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
So Bology comes out, he says, I will take that bet. You buy one Bitcoin. And I'll s I'll send one million dollars to an escrow. To be clear. This is forty to one odds. So he's basically saying not only is this unlikely to happen, like if this was even odds,
It would have been like dang Bollywood's gonna lose a million dollars'cause bit Bitcoin's not likely to be worth a million dollars. Then he added. In ninety days, which is already a radical move. Then he said I'm and by the way, the million dollars versus one Bitcoin. Bitcoin's currently at twenty six thousand at this at the time he made the spend, he goes, that's forty to one odds that I'm laying you. All right, we got an episode here with Pomp, Anthony Pompliano, who you may know as the Bitcoin guy. He's huge all over YouTube, Twitter, everywhere else.
He uh came on we're actually gonna do this as a two part episode because at the beginning It was all business. We were business in the front. We were talking about this crazy million dollar Bology bet where he's betting that Bitcoin is going to a million dollars in the next ninety days. We talk about that, why Bology thinks it, what we think about the bet. And Pomp does a you know, I don't know. Econ one oh one where he explains what's going on with the banking system from his perspective.
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