Man bets on hyperinflation, obviously loses, and to the surprise of almost everyone it pays out. I'm fairly sure you yourself have been banging on about USD hyperinflation for years, too, without it happening.
That bet didn't make sense even if Balaji was right; he could have bought 40 BTC instead of putting $1M into escrow. Then he would have made 40x the returns if he was right, and would have 1.03x his investment now even though he was wrong. It can really only be interpreted as a publicity stunt, possibly to pump BTC.
Man bets on hyperinflation, obviously loses, and to the surprise of almost everyone it pays out. I'm fairly sure you yourself have been banging on about USD hyperinflation for years, too, without it happening.