The Dollar Wrecking Ball: Why is a strong US dollar so dangerous?
The rising US dollar strength is starting to produce cracks across economies and markets.
New details of hyped crypto leader's bet Joe Lubin and Jimmy Song regarding Ethereum's future have been disclosed. In the bet, which stem from spotless onstage agreement from Consensus 2018 conference, is really big money! Lubin started it all, when he addressed Song with a claim he would bet any amount of bitcoin that ethereum's decentralized apps would have a non-trivial number of users in five years.
Song had accused Lubin of weaseling recently, he didn't speak directly and until the last meeting of the crypto leaders, there were no news, eventually the amount of the bet didn't disappoint - $ 500 000 ! If Ethereum is doing great four years from now, Song will pay Lubin 810,8 ETH, but if the platform for decentralised applications is blown to atoms, Lubin will send Song 69,74 BTC.
Comments
You must be logged in to add a comment.