Twitter user James Medlock offered to bet anyone $1 million that the United States would not experience hyperinflation. Ex-Coinbase CTO Balaji Srinivasan accepted the bet and set up a smart contract with the terms. If Bitcoin’s price fails to reach $1m by June 17, Medlock will win $1M worth of the dollar-pegged stablecoin USD Coin and the 1 BTC.

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