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Bitcoin Bet Drama: Public Feud Over $20,000 Donation Heats Up

The Twitter Showdown

In the ever-volatile world of cryptocurrency, a catfight between two prominent Bitcoin figures has taken a front-row seat. Ronnie Moas and Vinny Lingham have transformed a $20,000 bet into a Twitter spectacle that rivals any daytime soap. Picture two crypto titans throwing virtual punches as they try to hammer out a rather insane wager from 2018 without taking a single punch.

The Original Bet

Back in 2018, Moas committed to donating $20,000 to FreeRoss.org if Bitcoin didn’t soar to $28,000 by the end of last year. Fast forward to January 1, 2020, and Bitcoin was limping along at a paltry $7,200. Lingham called on Moas to follow through with his promise. But instead of a gracious payout, Moas threw a curveball, declaring that he wouldn’t honor the bet and swiftly calling Lingham some rather colorful names.

Not So Fast, Moas!

As the argument exploded online, Moas concocted a series of excuses not to donate, referring to various, possibly fabricated, reasons that transformed him from a charity champion to a cryptocurrency villain. “I have more than a dozen reasons,” he proclaimed—one is forced to wonder if he was counting them on his fingers.

Community to the Rescue

In a twist that only Bitcoin can deliver, the crypto community jumped in to save the day. Influential players, including Peter McCormack from the What Bitcoin Did podcast, rallied to provide the needed funds, each pledging $1,000. Talk about a team effort! It seems when one of their own stumbles, Bitcoiners don’t let the opportunity for collective heroism go to waste.

Unique Ways to Fundraise

Meanwhile, on forums like Bitcointalk, users have been increasingly creative in their attempts to raise funds, even selling quirky collectible items. These include a modified Venezuelan bolivar note with the cheeky title “Banco de Bitcoin” and a caricature of Charlie Shrem sporting sunglasses. After all, what’s a good cause without a little humor?

The Final Word

Now, as Moas sits in the hot seat, a community that once watched his every tweet is tuning in for the next update. Will he step up and honor the terms, or will this saga continue to drag on like an unfinished sequel? Only time will tell, but one thing’s for sure – this public debacle provides more drama than a prime-time reality show.

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