Post
Topic
Board Gambling discussion
Re: El Salvador's bitcoin
by
GreatArkansas
on 29/08/2025, 02:06:07 UTC
Not sure if this should be under bitcoin topic or here lol. But there have been platforms, namely kalshi's prediction market and polymarket, have listed similar bets about El Salvador's bitcoin holdings. Both platforms have listed that El Salvador will have a total of $1 Billion worth of bitcoin by the end of 2025. The odds are pretty interesting. Now Bukele has found out about this and seems to be hinting on social media. But do you genuinely believe El Salvador can magically get to a billion worth of bitcoin? They currently have over $700 Million. They would only need $300 million more. To me it seems a lot. To a country like El Salvador, that isn't easy money either. Would you bet on this?
I'm curious if this kind of bet could be influenced by an insider, like inside trading.
For example, any staff or people related to the government, specifically in the same department where these Bitcoin purchases by El Salvador will always know the plan, especially the future plan, or even close to their president. It can be easy money if you know the result of this bet.