Some men will literally sell $1M puts for $27k instead of learning how to price options.
this also confused me. I donāt get this financially much, but since his side of the bet is broadly considered the more unlikely, couldnāt he have bid less and the other side would have had to take the bigger position? Not sure tho, because his big confidence of USD going to zero flips the odds in his view, right?
Some men will throw around numbers like $1,000,000 casually for clout, followers and flex. The Bugatti is usually rented and the wager or giveaway is usually fake news
I have a hard time thinking he's this incompetent so I think maybe there's some other manipulative angle going on here.