Agreed
Hypothetically, if he has $10 million worth of bitcoin, pumping the price even 10% with his bet is a wash (0 risk) bet.
The more bitcoin he has, the lower the risk.
Anything that pumps his bags more than $1,000,000 is just gravy money.
Jon_Hodl / Jon Hodl
npub1ft…56ykf
2023-03-18 17:33:59
in reply to nevent1q…pw3l
Author Public Key
npub1ftrnkvl0hdud65yacyvcn6sx2w7lfztdp2957wp344dcc9s3yf8qm56ykfPublished at
2023-03-18 17:33:59Event JSON
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"content": "Agreed \n\nHypothetically, if he has $10 million worth of bitcoin, pumping the price even 10% with his bet is a wash (0 risk) bet.\n\nThe more bitcoin he has, the lower the risk. \n\nAnything that pumps his bags more than $1,000,000 is just gravy money.",
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