People putting up their coins in a bet doesn't affect the outcome, but rather signals their belief in the likelihood of the outcome. Nothing achieved except for maybe posturing. Not to mention the amount of people who actually have 1 BTC. Extreme privelege to have that much, when probably most plebs new to BTC are just getting by. The people who support the thesis of "BTC should be only monetary transactions" are the kind who think BTC is the best money, so are not going to be willing to be so flippant as to make a bet to prove whatever it is you think you are proving. In fact, locking one's funds up on such a bet can immediately change one's incentives. Now that person would be more likely to convince people of their side through deceptive or underhanded means to prevent them from losing such a large bet. Real shitcoing/crypto energy, which I guess is to be expected. How is this not obvious?