Mac Budkowski ᵏ pfp
Mac Budkowski ᵏ
@macbudkowski
Everyday I'm getting more convinced that Balaji might have been right. My conviction is still pretty low (ca. 4-5%) but it started from 1%.
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Dan Romero pfp
Dan Romero
@dwr.eth
So if it’s really >2% shouldn’t you buy the polymarket yes bet?
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Mac Budkowski ᵏ pfp
Mac Budkowski ᵏ
@macbudkowski
I bought BTC
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Mac Budkowski ᵏ pfp
Mac Budkowski ᵏ
@macbudkowski
Though I more believe in hyperinflation (for one month or so) than $1M BTC :)
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clun.eth pfp
clun.eth
@clun.eth
How would you have hyperinflation of USD but not BTC > $1M?
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Mac Budkowski ᵏ pfp
Mac Budkowski ᵏ
@macbudkowski
Hyperinflation = when rate of inflation increases at more than 50% a month. So you could have e.g., 20% inflation in April, 30% in May, 51% in June and 20% in July and we would still technically had experienced hyperinflation.
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clun.eth pfp
clun.eth
@clun.eth
Ah yes you’re right! Never actually looked up the proper definition before, my intuitive definition was just “money becomes worthless” (which in many cases turns out to be the same thing) :)
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