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July 18, 2020 11:04 pm

John McAfee Loses Bet: Bitcoin Hasn't Hit $500K

Slashdot reader Charlotte Web quotes Mashable:Three years ago on this date, on July 17, 2017, McAfee, the eccentric founder of the antivirus software company bearing his name, made the bet of a lifetime. McAfee made a bet that in three years a single bitcoin (1 BTC) would be worth $500,000. Now while most people would throw down money to make this bet, McAfee had a very different idea. "if not, I will eat my **** on national television...." Fast forward to July 17, 2020, three years from the day McAfee made his bet. Today, a bitcoin is worth around $9,150. It's certainly up from three years ago, sure. But we're far away from $500,000. The world may be very different from the one we were living in three years ago, but a bet is a bet. Many on Twitter reminded McAfee that it was time to make good on his bet. McAfee's response? He appears to be chickening out... "The bet was the end 8f 2020." McAfee also tweeted that at the end of 2020, he'd still honor the bet. "Myself, or, perhaps, a subcontractor :)"

Read more of this story at Slashdot.


Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/yBTWio5Fdy4/john-mcafee-loses-bet-bitcoin-hasnt-hit-500k

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