What's the Point of the Bet?

Balaji Srinivasan is an entrepreneur and an investor. He was the former chief technology officer at Coinbase, a former general partner at the venture capital firm Andreessen Horowitz, and he also has a number of nine figure exits as a founder of companies. In this conversation, Balaji and I discuss the current banking crisis, the potential of hyperinflation, what happens to the U.S. dollar moving forward, why he made a $1 million bitcoin bet over the next 90 days, and what exactly Balaji thinks has led up to this scenario.

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Pomp writes a daily letter to over 200,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at https://pomp.substack.com/