Not a revenue of $1000, but always being $1000 away from being in debt.
...yeah I get "what if I spent $900 on a purchase and got the money back the next day" is a valid criticism, but I mean, just above poverty.
By the way the P(expected) = (1 billion * 0.5) + ((almost) zero * 0.5) = a very respectable 500 million, which even at $1000 a day would take 500,000 days or over a thousand years.
> Not a revenue of $1000, but always being $1000 away from being in debt.
On the contrary, the bet posed was "Here's a mathematical question: if you could flip a coin, with a 50% chance of getting a billion dollars, and a 50% chance of never having more than $1000 in your bank, would you flip the coin?"
It's a cash cap, not a risk statement.
So by the terms, you do just need to set up a way to ensure a cash flow to you while you continue to build up more illiquid safety net and ensure fewer and fewer things cost you money even if you don't own them.
Even if you want to reframe as always being $1000 away from being in debt, that's easy, there are financial arrangements that can let you structure extraordinary assurance that $1000 would never dip below zero, even if you accept it as a narrow lane between the cap and bankruptcy.
I would expect the average SWE on HN to be worth more than a $1000. (Of course there are exceptions, I'm not an SWE myself but I'm only talking about the average person for simplicity.)
You're right, there's only one rational bet.
* More if you set up with a bank with intraday transfers.