A look at Balaji Srinivasan's proposed $1M bitcoin bet, predicting one BTC will be worth $1M+ in 90 days, which makes little sense besides attracting attention (Matt Levine/Bloomberg)

Matt Levine / Bloomberg:
A look at Balaji Srinivasan's proposed $1M bitcoin bet, predicting one BTC will be worth $1M+ in 90 days, which makes little sense besides attracting attention  —  Credit Suisse  —  It is sometimes useful to think that the shareholders of a bank are not its owners; they are just renting it from its creditors.