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Bitcoin Idle

John McAfee Loses Bet: Bitcoin Hasn't Hit $500K (mashable.com) 49

Posted by EditorDavid from the eating-your-words dept.
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 :)"
This discussion has been archived. No new comments can be posted.

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

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

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  • Will it be fried or steamed?

    • If I were in his shoes I'd go to a restaurant that serves pizzle and eat up on camera. Thus he would eating 'his' dick.

      So stewed would be the answer.

      • Re: (Score:2)

        by starless ( 60879 )

        There's also the classic British pudding "spotted dick"...

        https://en.wikipedia.org/wiki/... [wikipedia.org]

        • Madness. Honor clearly dictates he subvert the spirit of the boast as little as possible. Next you'll be saying he can get away with naming a piece of bacon "Richard", or some other such lunacy. For shame!

        • Why do you [starless] propagate the FP-abuse Subject?

          Here's my new energy saving cryptocurrency NWBC (No-Work-Bit-Coin). It consists of the first 21 million positive integers. Each integer will become valid as a NWBC on a certain date. Without loss of generality, we can set the schedule to correspond to the mining schedule for Bitcoins, but without doing any of the computation. Instead, we will simply have a lottery to give out the NWBCs at random to any person who has asked to receive a NWBC. The demand wi

    • Re: (Score:2)

      by mark-t ( 151149 )

      I assume he means to suck on it, and swallow.

      That said, I know very few people who are flexible enough they could actually accomplish such a task.

  • Live television (Score:5, Funny)

    by backslashdot ( 95548 ) on Saturday July 18, 2020 @06:14PM (#60305295)

    He said "within three years", so he's already welching. You know it, I know it, he knows it.

    Doesn't matter though, his second excuse then will be that the damn obscenity laws won't let him do it. In which case we should petition the FCC for a one day exemption.

    Following that, his excuse will be that he didn't say when do it .. only that he would do it.

    Yeah so he's a welcher.

    • Maybe this was why Twitter was hacked.

    • He has another excuse, have you seen the man? He's basically and old retiree with a podgy midsection and at that age likely severe mobility issues of the spine. Let's see him bend over to touch his knees before we start petitioning for laws allowing grandpa auto-fellatio on TV.

    • Re: (Score:2)

      by ceoyoyo ( 59147 )

      Give him a break. It's going to take a *lot* of yoga before he can pay up.

  • Odds are, he’s probably already done it at least once in the past - the only new bit would be the “televised” part.

  • The closest I'd like to be to watching this would be watching someone watching someone else watch it. On Zoom.

  • At least eating your own poop won't make you sick [gawker.com].

    Yes, I got curious enough to look up whether it was safe to eat your own poop. You know, just in case I pulled a McAfee one day and was compelled to do so. Or, if I was ever tortured into the act.

    Admit it, you were wondering the same thing...

    • Re:Not that anyone wants to know, but... (Score:4, Informative)

      by NicknameUnavailable ( 4134147 ) on Saturday July 18, 2020 @06:37PM (#60305359)
      His bet was that he would eat his own dick, not his poop.

    • Well I guess it's nice to know that's how you spend your Saturday afternoons - Googling eating shit.

      Now that we know about that, do you have a comment about McAfee's pledge to suck his own dick on national TV?

      I'm just messing with you. You're a cool person, and one of the more reasonable ans thoughtful people on Slashdot.

      • HA! (Score:2)

        by Pollux ( 102520 )

        Well, that just is a kick in the rear! Serves me right for jumping at the opportunity to score some mod points with some quick wit inferred from the summary without any RTFA. Request to the Editors: please insert the first letter of a censored word to avoid any wrong and/or embarrassing interpretations of its meaning. Thank you.

        Actually, most of my Saturday afternoons are spent watching my son play classic Super Nintendo. He's twice as good at half the age when I first beat LttP. But thanks for the co

    • No, I wasn't actually wondering the same thing. The summary is misleading as it censors the word "dick" completely, but I will admit I thought the censored word was"shit". But NEVER have I thought of eating my own or anyone else's shit.

      My thoughts actually turned to Divine eating dog shit in Pink Flamingos, a movie which I thankfully barely remember watching some 30-40 years ago.

      "I guess it’s one of the most famous scenes I ever shot. Certainly no one ever tried to do it again. It was a first, a las

  • shocked (Score:3)

    by guygo ( 894298 ) on Saturday July 18, 2020 @06:37PM (#60305357)

    A spoiled rich brat welshing on a bet? I'm shocked... shocked I say!

  • Rash bets can make for unpleasant payoffs.

  • As he is already full of shit

  • /slashdot is not your personal autofellation erotica site
    //who has time for slashies if you can get yourself off?

  • Coprophagia or the ingestion of feces, considered to be a variant of pica, has been associated with medical disorders like seizure disorders, cerebral atrophy, and tumors and with psychiatric disorders like mental retardation, alcoholism, depression, obsessive compulsive disorder, schizophrenia, schizoaffective disorder, fetishes, delirium, and dementia.

    (borrowed from here [nih.gov]. )

    Its wikipedia entry [wikipedia.org] mentions some interesting facts::

    The young of elephants, giant pandas, koalas, and hippos eat the feces of their

  • OK, he's reneging of his commitment, claiming that he meant the end of 2020. What he's not telling is that his claim was that, by the end of 2020, a single bitcoin would be worth $1,000,000, not just $500, 000. How much is it worth right now? Still less than $10,000?
    • If my future self came back and told me one BTC was worth 1m by dec 31st of 2020 that wouldn’t make the top 10 list of surprising events.
    • Right, and given the state of the economy I would not be surprised if hyperinflation got going and a BTC was worth $1,000,000, it's just that a million wouldn't be worth a million either.

  • He is very flexible or, someone will loan him a knife, a frying pan, and ketchup.

  • This is why you don't censor things like this. I know he said he'd his **** from the summary. Shit? Dick? Hair? Pork?

    What is he chickening out on?

  • Why is Mashable so threatened by the idea of quoting him directly? DICK. Say it, you cunt, D-I-C-K.

    Worthless cunts.

  • Something like cutting a small portion of his skin off his Penis to honor the bet.
  • Just eat the fingernail of a private investigator (private dick) you hired. Or better yet, go make a spotted dick (British cuisine) and eat that.

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