Hyperinflation

Balaji Srinivasan speaking at Consensus 2023 (CoinDesk)

Amid the initial bank failures in the U.S., the tech entrepreneur in mid-March had bet $1 million that bitcoin would hit $1 million within 90 days.

By Stephen Alpher

May 2, 2023 at 9:01 p.m. UTC

May 2, 2023

Balaji SrinivasanBitcoinHyperinflation

Future of Bitcoin Amid U.S. Banking Jitters

Video

Balaji srinivasan

Future of Bitcoin Amid U.S. Banking Jitters

Coin Desk Chief Content Officer Michael J Casey joins All About Bitcoin to discuss the significance of bitcoin in global finance amid recent concerns surrounding the banking industry Plus reaction to Balaji Srinivasan accepting a bet proposed by James Medlock that a single bitcoin would be worth 1 million in just 90 days due to [...]

By CoinDesk Inc

Mar 24, 2023 at 8:22 p.m. UTC

Mar 24, 2023

Balaji SrinivasancdtvHyperinflationaab clipJames medlock

What Could Happen if the World Is Thrust Into Hyperbitcoinization?

Video

Balaji srinivasan

What Could Happen if the World Is Thrust Into Hyperbitcoinization?

Last weekend Twitter was ablaze with reactions to former Coinbase Chief Technology Officer Balaji Srinivasan accepting a bet proposed by James Medlock that due to hyperinflation in the United States a single bitcoin would be worth 1 million in just 90 days by June 15 2023 Coin Desk Senior Research Analyst George Kaloudis breaks down [...]

By CoinDesk Staff

Mar 24, 2023 at 8:21 p.m. UTC

Mar 24, 2023

Balaji SrinivasanCoinbaseTwittercdtvHyperinflationaab clipJames medlock

Historic photograph of a German bank during a period of hyperinflation during the Weimar Republic. (Bain News Service/Wikimedia Commons, modified by CoinDesk)

Consensus Magazine

Opinion

A Sudden Onset of Hyperinflation: What Will Happen to Bitcoin?

If the world is thrust into hyperbitcoinization – as Balaji Srinivasan predicts – before the ecosystem is ready, then even bitcoiners might not be in a position to use bitcoin.

By George Kaloudis

Mar 24, 2023 at 4:34 p.m. UTC

Mar 24, 2023

OpinionBitcoinHyperinflationThe NodeNewslettersBalaji Srinivasan

Tech

Bitcoin

‘Hyperbitcoinization’ Is a Few Years Away, Predicts Samson Mow

The CEO of technology startup Jan3 explains why Bitcoin might become the world's preferred monetary system as early as 2030.

By Frederick Munawa

Nov 3, 2022 at 3:54 p.m. UTC

Nov 3, 2022

Bitcoinbitcoin adoptionHyperinflationSamson Mow

Fed's Powell: Without Price Stability, the Economy Doesn't Work For Anyone

Video

Federal reserve

Fed’s Powell: Without Price Stability, the Economy Doesn’t Work For Anyone

Federal Reserve Chairman Jerome Powell holds a press conference to discuss the central bank’s latest interest rate decision. This is the third consecutive time that members of the Federal Open Market Committee raised rates by 75 basis points.

By CoinDesk Staff

Sep 21, 2022 at 8:46 p.m. UTC

Sep 21, 2022

Federal ReserveJerome PowellHyperinflationrate hikeSocial_Clip

Markets

Inflation

The End of Exorbitant Privilege: Inflation, the Global Dollar and What Comes Next

What would it mean for the dollar to lose its global reserve status? Why might it happen? And what could take its place?

By David Z. Morris

Aug 5, 2021 at 2:41 p.m. UTC

Aug 5, 2021

InflationOpinioncentral bank digital currencyDollarDigital YuanHyperinflation

alexander-schimmeck-AoI2E_7El1w-unsplash

Policy

Opinion

There’s More to Inflation Than the Money Supply

The printer may be going "brrrrr" but increasing the money supply doesn't necessarily lead to inflation, writes EY's blockchain leader.

By Paul Brody

Apr 5, 2021 at 2:29 p.m. UTC

Apr 5, 2021

OpinionHyperinflation

Are Hyperinflation Fears Exaggerated and Misplaced?

Video

Bitcoin

Are Hyperinflation Fears Exaggerated and Misplaced?

EY Principal and Global Innovation Leader Paul Brody weighs in on inflation, bitcoin as well as the good, the bad and the ugly in blockchain solutions.

By CoinDesk Staff

Mar 17, 2021 at 6:44 p.m. UTC

Mar 17, 2021