2min chapter

My First Million cover image

Part 1: Pomp On Balaji's 90 Day Bitcoin Bet, Digital Catastrophes, And Failing Banks

My First Million

CHAPTER

What's Going to Happen in the Next 90 Days?

Bitcoin is a currency whose one big feature is it doesn't inflate. Even when inflation was only two or 3% over a 40 or 50 year period, the money that you have in the bank will still look like $100,000. And so why would you ever save your money and something that is designed to lose purchasing power? You wouldn't do that. So I've always thought, Bitcoin's the core value of it is it's a savings technology.

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