What is a bullish bet?
I'm trying to understand the concept of a bullish bet. Could someone explain what it means in the context of investing or trading?
Why did Balaji Srinivasan make a bullish bet on Bitcoin?
Can you elaborate on the reasons behind Balaji Srinivasan's decision to take a bullish stance on Bitcoin? What factors or insights led him to make such a prediction? Was it based on a particular analysis of the market trends, or did he have a unique perspective on the technology and its potential impact? It would be interesting to hear more about his rationale and the data points he considered before placing his bet.