Imagine the Balaji hyperbitcoinization thing ends up real and he was just a year early

working on meta.matcha.xyz, yc alum, @orangedao

i mean btc going to 1M will elevate the entire asset class

The impt question is whether these other coins like ETH outperform btc on the way up or not

My hypothesis would be no, because the buyer of BTC in this scenario is buying it as a hard money store of value, they are not interested in the world computer or crypto as a technology or whatever

is balaji actually bullish on ETH if this happens or not?

being early to radical shifts is kinda Balaji's thing tbh. I don't always see the vision but I would never bet against him

Definite possibility

I always thought a really cool thing he did was put a date on it

Really respect “falsifiability”

If hyperbitcoinization happens, it means Balaji was only a year early—pretty wild if that’s the case!