The founder of Terraform Labs accepted a bet from crypto expert Sensei Algod, who stated that the LUNA token would fall below $88 in a year.
Terraform Labs CEO Do Kwon clashed with Sensei Algod on Twitter. Cryptoexpert wrotewho is ready to make a bet with anyone on the value of the LUNA token:
“Who wants to bet $1,000,000 that the price will be lower in a year than it is now”?
To the challenge reacted Do Kwon: “Cool I’m in!”
Kwon also offered to bet that the UST wouldn’t be canceled at the same time next year, and he’s even giving it a 2:1 odds.
According to the condition of the bet, Do Kwon will win if the price of LUNA exceeds the current price. The winner will be Sensei Algod if the token drops in value. The price at the time of the bet, according to Coingeco, was $88. Both sides of the bet agreed that the dispute will be judged by the average price of LUNA for 24 hours Coingecko on March 14, 2023.
Earlier this year, Galaxy Digital founder Michael Novogratz offered cryptocurrency skeptic Peter Schiff a $1 million bet.
In 2017, Roger Ver, an investor and supporter of Bitcoin Unlimited, accepted a challenge from a user named Loaded. The bet was about which of the blockchains after the hard fork of the network would dominate. In the same year, in one of the institutions in Moscow, the managing partner of the Nakamoto Capital crypto fund and his partner in other projects argued about mining. The discussion ended in a fight with a traumatic pistol.
Source: Bits
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