He’s betting his family and their well being on bitcoin.
That’s worse (IMHO) than betting it all on red or black at the roulette wheel.
That’s worse (IMHO) than betting it all on red or black at the roulette wheel.
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I disagree. If it’s a legit roulette wheel, your chances are random.
If you’re buying commodities or currencies (even the cryto type), it is assumed you can predict how it will move. While this may well be folly, at least there is an aspect of skill to it.
To your point though, it definitely seems like greed, particularly if he didn’t sell at least some of it off when it was at 200k.