Tone Vays Is Still Dressing For Crypto Winter

It’s almost July, but some bitcoiners are still wearing their coats. Tone Vays, former Wall Street executive turned Bitcoin maximalist, reckons that winter may not yet be over.

Bitcoin has more than doubled this year, and the entire crypto market has seen more green than the streets of Vancouver. And while everyone has a right to make predictions, it helps to ground them in some evidence. So why is Vays so gray?

Vays seems to have a liking for high-priced and highly visible bets. On March 5, the YouTube content creator made a $250,000 bet that bitcoin would fall below $2,000 before the 2024 halving:

Here is my bet offer as I take off on a 17hr flight:
If #Bitcoin drops under $2K you give me 100 $BTC = $200K that day.
If it does NOT drop under $2K, I give you $250K or 1 BTC (whichever has a higher $ denominated value)
I have until 2024 halving to be sure $2k won't happen