Bitcoin investor Krueger made a million-dollar bet to the podcast host

Bitcoin supporter and investor Fred Krueger tweeted that he plans to propose a $1 million bet to podcast host Jason Calacanis, stating that Bitcoin will surpass its historical high of $126,210.5 by October 28, 2036.

Krueger stated that both parties could each deposit $1 million into an independent escrow account, using an escrow agent and objective price oracle agreed upon by both parties. If Bitcoin reaches a new high before the deadline, Krueger wins, and the bet ends immediately; otherwise, Calacanis wins, and the settlement will occur on October 28, 2036. Jason replied suggesting to change the bet to the next 12 months.