Coinbase CEO Armstrong Sets $5000 Wager That Bitcoin Fork Works out Fine

Coinbase CEO Armstrong Sets $5000 Wager That Bitcoin Fork Works out Fine

Brian Armstrong, CEO and co-founder of Coinbase, claims bitcoin is upgrading rather than splitting on account of Bitcoin Classic, and he’s willing to bet anyone $5,000 that he’s right. Armstrong, writing on Medium, said hard forks are one of the most important bitcoin innovations and having multiple teams working on the bitcoin protocol is a positive thing.

Brian Armstrong Bitcoin

Brian Armstrong

He said he is willing to bet $5,000 USD payable in any equivalent amount of fiat or crypto currency to the charity of the winner’s choice that bitcoin’s first hard fork will be an upgrade of a single currency, not a split, and all will work out fine. The bet extends to any public bitcoin figure or tech willing to accept it. Should more than one person accept, Armstrong will choose the challenger.

Who Will Accept The Bet?

Armstrong said his bet is mostly for fun, but he wants to see how many people are willing to put their money where their

Read more ... source: TheBitcoinNews

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