Hacker News new | ask | show | jobs
by mindcandy 758 days ago
Math is mixed up. He's got 43.6 BTC. Currently worth $68K each, for a total of $2.9 mil. He's waiting for it to be worth $4.4 mil.

I'm betting his retirement math worked out to $4.4 mil before taxes. And, $100k is a human-bias round number that BTC is widely expected to hit in the next year.

1 comments

Considering bitcoin call options for March 2025 are going for only about 12k, I think it's fair to say the consensus is that bitcoin exceding 100k in about a year is unlikely.
He hasn't needed them the last 10 years so he can probably hold out 10 more years.