There’s a good chance his play is to accelerate adoption and also rescue as many people as possible. Directionally, he’s right, but I have doubts about 1M / 90 days. It’s more likely we fall somewhere in between, but I could see 100k no problem.
Discussion
Its a hell of a bet to try to basically trigger people to fomo to help themselves
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.