Balaji Srinivasan predicts that within the next 90 days Bitcoin’s price will reach 1 million USD, due to the collapse of the banking system. He argues that no bank has enough money to repay depositors in case of massive withdrawals, and no state has the capacity to cover all bank deposits in the event of a generalized problem. #bitcoin #bitcoinnews #btc #cryptonews #cryptocurrencynews
of the banking system.
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