An American bitcoin enthusiast has filmed himself eating his hat after losing a bet.
Acting in what, with hindsight, was extreme optimism, the man wagered that the bitcoin price would not fall below $1,000. Yes, we are fully aware that it was not a good bet to make, and so, now, is the unnamed fan of the digital currency.
The video – posted by someone titled, of course, ‘Hat Eater’ – showed up on reddit on Thursday, and soon spread through social networks and cryptocurrency communities.
Bitcoin bon appétit
What can we say? The 45-minute video depicts Hat Eater eating a hat. A red, cotton one. The unwelcome snack took him three days, a few sandwich, some ice tea and a couple of beers to force down. Some ketchup was also involved.
So far the video has notched up 120,000 views on YouTube and as you may expect, the comments are just as ridiculous as the video itself. Some called it integrity, others believed it was pointless and plain silly.
In any case, there’s one less hat in the world and bitcoin has slipped to around a half of the $1,000 minimum the naive gambler set. Let’s just hope it was a one-off bet and there’s nobody out there who made a similar wager at $500.
Disclosure Read More
The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.