IT is just a joke... no one would honor such a bet which will only happen in 80-100 years.
While the price may hit $1,000,000 people forget it maybe will go higher too...
But I think we should focus first on $10,000 and worry about 1 million after.
It's not about honoring the damn bet.
It's a bet he can't lose.
1) Bitcoin hits 1 million in our lifetime , he wins
2) Bitcoin does not reach 1 million in 2000 years , he still hasn't lost as 2000 years does not mean NEVER. Maybe in 3000 will