Quote from: GreatArkansas on Today at 02:06:07 AM

Quote from: kotajikikox on August 28, 2025, 12:56:23 PM

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.

That is true mate, such people that are close to knowing what the plans of the president in El Salvador will be, whether to purchase more Bitcoin to make it $1,000,000,000 will always be the winner or even some random bettors out there. Actually to me I dine really know if they can make it up $1B in 2025 because the year is almost rounding up as we are in August already and August is almost coming to an end, so I don't believe if El Salvador can achieve that this year as $300M is a huge sum of money.