Jason Calacanis’ Bleak Bitcoin Prediction Draws $3M in Rival Bets—but He Won’t Bite

Jason Calacanis faced $3 million in rival bets after declaring Bitcoin would never reclaim its record high. Three bitcoin investors each offered $1 million challenges, with terms ranging from two to ten years, but Calacanis sought a shorter contest. Hollywood producer and bitcoin educator Terence Michael also joined the fray.