Some men will literally sell $1M puts for $27k instead of learning how to price options.

Law and policy for interesting ideas.  Worked at Google and Discord.  Co-founded MobileCoin. 

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One view is that it’s beer money for him, he can afford to throw around $1M to make a point and get some press.

this also confused me. I don’t get this financially much, but since his side of the bet is broadly considered the more unlikely, couldn‘t 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?

I have a hard time thinking he's this incompetent so I think maybe there's some other manipulative angle going on here.