Bitcoin or Buffett? The optimist is ready to bet millions to the first

in crypto •  6 years ago 

image.png

The company's shares of billionaire Warren Buffett Berkshire Hathaway are traded at a price of $ 287,100 per issue. The Bitcoin is exchanged for just over $ 6,000.

A fearless fan of the crypto, however, believes that the price differential will not be maintained. He is so convinced he's ready to bet millions of dollars.

According to Australian bookmaker Tom Waterhouse on Twitter, the wealthy and so far anonymous fan of Crypto wants to bet $ 8.5 million (the US $ 6.3 million) to beat the Berkshire Hathaway shares by 2023.

If this happens, it will earn 1.2 billion Australian dollars (886 million dollars).

Not a bad profit, but the likelihood of this happening at this stage does not seem to be too great. The Bitcoin has risen to about $ 20,000 at the end of last year but has been very poor lately. Crypto has fallen by half in just over six months, writes MarketWatch.

Who knows, perhaps Buffett himself may be interested in such a bet. In the end, he has repeatedly shared his negative comments about the Bitcoin, calling it "mirage" and "squat rat poison".

His friend Bill Gates could also get involved. He said some time ago that if there was an easy way to break the Bitcoin, he would.

Cyber ​​Security Specialist John MacAffy is one of those who hopes the bold pledge to come true. The eccentric founder of the antivirus software company with his name said a year ago that if the Bitcoin does not rise to $ 500,000 in three years, he will eat his male dignity live on TV.

So far he has only $ 494,000 left!

image source - Instagram

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Congratulations @crypto-rev! You have received a personal award!

1 Year on Steemit
Click on the badge to view your Board of Honor.

Do not miss the last post from @steemitboard:
SteemitBoard World Cup Contest - The results, the winners and the prizes

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!