Balaji’s Hyperinflation Theory Explained.

[@hugopk1]

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]

Good idea!

[@lastleaffallen1006]

really great summary ... thx

[@probsomething]

Appreciate it!

[@juleslondon]

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]

Thanks man, interesting take. Central bankers certainly haven't done themselves any favors here

[@lukazaian01]

I want to congratulate you for catching my attention on a topic I was researching on in KZbin 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]

Thanks Ian, super nice of you to say! Happy to have you as a sub and hope you enjoy future vids

[@lukazaian01]

@@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 KZbin Bio.

[@Sentinel-911]

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]

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]

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.

[@Juan-Blasquez]

If Balaji is right, I don’t have anything to worry about because I’m already poor 😂

[@probsomething]

Haha nothing to lose

[@Juan-Blasquez]

@@probsomething 🤣

[@dookieboy2106]

Gotta eat not sure on 90 days .

[@thankgodetim3620]

There's is a thin line between insanity and genius

[@probsomething]

Good point

[@yovanismaya1317]

Mostly genius for robbery. Making bet to lose and then charity. But he always make profit from his speech

[@billionaire2337]

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]

Good point

[@walsh_w3894]

Thanks bro I've been wanting more info on this crazy story.... Maybe not so crazy 😔

[@probsomething]

Yeah this story hits all the nerves

[@randomsam83]

Sounds like a buy Bitcoin scam

[@probsomething]

Not impossible

[@randomsam83]

@@probsomething Sounds like a bot