{"type":"rich","version":"1.0","title":"Excellion wrote","author_name":"Excellion (npub1ex…pn72a)","author_url":"https://yabu.me/npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72a","provider_name":"njump","provider_url":"https://yabu.me","html":"Balaji wasn't wrong about #Bitcoin going to $1M, but he was wrong on the timing and the catalyst.\n\nMy $1M call is based on a massive rapid influx of institutional capital while Bitcoin available for sale is at historical lows, compounded by the halving. \n\nHis $1M prediction was predicated on money printing and banks failing. Those two things could potentially be a driver for a rapid run to $1M but not likely. The money printing already happened and then dried up. It will take a few more years for the market to adjust accordingly. As for banks failing, normies will just look for a \"safer\" bank. They aren't at the stage where they realize no bank is really safe and Bitcoin is the only option.\n\nTL;DR: #1MBitcoin is in play."}