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Balaji’s Hyperinflation Theory Explained. 

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Are we witnessing the collapse of the U.S. financial system? Balaji Srinivasan certainly believes so. In fact, he’s so confident that we’re on the cusp of financial armageddon that he’s betting $2 million dollars that it will happen within 90 days. By June 17th 2023, Balaji is predicting that the US dollar will hyperinflate and that the price of bitcoin will skyrocket to $1 million dollars, replacing the dollar as the global reserve currency.
I’ve studied Balaji extra closely this past week, listened to hours of podcasts and devoured as much of his writing as possible. In today’s video, I’ll share what I learned in an attempt to figure whether this guy is an absolute genius or a complete madman.
- ABOUT PROBABLY SOMETHING -
Hey, I'm Kunal. I'm a Swedish founder in NYC and ex-investment banker (Lazard M&A). You can think of this as my personal business blog, but in video format.
I create videos about finance, business strategy, M&A and mental models to help me better understand our complex business world. Through my work, I've mostly covered tech, media, healthcare, sports and holdcos so those are naturally the topics I gravitate towards.
My goal is to constantly challenge myself to become a better business operator, investor and thinker by studying world class founders, financiers and investors. I hope this channel will help you do the same.
Just sharing what I'm learning along the way and documenting my journey - nothing on here should be considered financial advice.
Feel free to reach out: kun.chauh@gmail.com
-Kunal Chauhan

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4 авг 2024

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Комментарии : 26   
@lastleaffallen1006
@lastleaffallen1006 Год назад
really great summary ... thx
@probsomething
@probsomething Год назад
Appreciate it!
@hugopk1
@hugopk1 Год назад
Have you thought about using mini chapters throughout your vids, e.g. "Balaji is always right", "The Fiat Crisis", etc? Would maybe make it easier to follow along and digest.
@probsomething
@probsomething Год назад
Good idea!
@lukazaian01
@lukazaian01 Год назад
I want to congratulate you for catching my attention on a topic I was researching on in RU-vid as well as having the confidence to present your work in video format where viewers such as myself get to learn the current events that most likely will have a huge impact towards the world. I'd like to give you credence for having the confidence for sharing information from your point of view in video format where viewers (such as myself) get to learn a thing or two out the enjoyment of watching content that intrigues us. You have a new subscriber. Mr. Kunal, thank you and I wish you all the best in your life endeavors. Take care, cheers. 🥂
@probsomething
@probsomething Год назад
Thanks Ian, super nice of you to say! Happy to have you as a sub and hope you enjoy future vids
@lukazaian01
@lukazaian01 Год назад
@@probsomething By any chance if you have or either make time for a conversation. Please let me know, I’m curious on a number of things about who you are despite, yes having reading your RU-vid Bio.
@juleslondon
@juleslondon Год назад
I have been moving more and more of my fiat savings to various cryptos for the last 12 months and will continue doing so until I have no fiat left. Western nations have been lying and manipulating the crowds for too long now. And now their biggest weapon for manipulation - money - is about to disintegrate. It's gonna be ugly.. Great vid man and great content
@probsomething
@probsomething Год назад
Thanks man, interesting take. Central bankers certainly haven't done themselves any favors here
@Juan-Blasquez
@Juan-Blasquez Год назад
If Balaji is right, I don’t have anything to worry about because I’m already poor 😂
@probsomething
@probsomething Год назад
Haha nothing to lose
@Juan-Blasquez
@Juan-Blasquez Год назад
@@probsomething 🤣
@dookieboy2106
@dookieboy2106 Год назад
Gotta eat not sure on 90 days .
@walsh_w3894
@walsh_w3894 Год назад
Thanks bro I've been wanting more info on this crazy story.... Maybe not so crazy 😔
@probsomething
@probsomething Год назад
Yeah this story hits all the nerves
@thankgodetim3620
@thankgodetim3620 Год назад
There's is a thin line between insanity and genius
@probsomething
@probsomething Год назад
Good point
@Sentinel-911
@Sentinel-911 Год назад
Based on Balaji thesis of hyperinflation leading to btc spiking to a million, I like to ask how is this beneficial to btc and crypto in general. If the USD gets demolished, when one cónvert back to fiat, the value of a million dollars worth of btc will still be worth its value in fiat. For example, under hyperinflation, if a loaf of bread costs 1 million dollars, it will still be the same for btc, with a value of 1 million dollars worth of btc to buy that same loaf. So, this is totally not beneficial to btc and crypto in a hyperinflation economic situation.
@probsomething
@probsomething Год назад
Valid point. I think what you’re missing is Balaji’s argument to exit the fiat system completely. Meaning, not to convert BTC back to USD (or any other fiat currency). Essentially 1 BTC = 1 BTC
@Sentinel-911
@Sentinel-911 Год назад
You know such thinking is naive, don't you? If a loaf of bread costs 1m in fiat, it is totally naive to think that it will cost 0.000001 btc. Not exiting to fiat changes nothing. The concept of 1 btc: 1 btc is so simplistic, I dont know where to start. In any case, even gold derives its price from fiat. No one will transact in btc if its value is not derived from economics but an artificial bubble. In any case, Balaji's thesis is totally flawed and makes no sense at all.
@yovanismaya1317
@yovanismaya1317 Год назад
Mostly genius for robbery. Making bet to lose and then charity. But he always make profit from his speech
@billionaire2337
@billionaire2337 Год назад
I think the bitcoin will not reach 1million dollar but because of balaji drama the bitcoin price will increase so he bought it for less money and creating dramas which will increase the bitcoin price so he sell it for High price it is a good trading and I think so if he fails in the 2million bet also he may earn more than that
@probsomething
@probsomething Год назад
Good point
@randomsam83
@randomsam83 Год назад
Sounds like a buy Bitcoin scam
@probsomething
@probsomething Год назад
Not impossible
@randomsam83
@randomsam83 Год назад
@@probsomething Sounds like a bot
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