In a bold move, Balaji Srinivasan, a tech founder, accepted the wager of James Medlock, a social democrat, who bet $1 million that the US would not enter hyperinflation. Srinivasan took the bet against one Bitcoin (BTC) with 40:1 odds, with the bet terms lasting 90 days. Srinivasan said he needs a mutually agreed custodian The post Balaji Bets $1M on Bitcoin Price, Says US Hyperinflation Is Underway appeared first on Coin Edition .