Express
Investing Legend Bill Miller: Bitcoin Is Not In A Bubble, But The beginning Of Mainstream Adoption
Summary: Legendary hedge fund manager and investor Bill Miller told the host of CNBC "The Exchange" that Bitcoin has not fallen into a bubble, but the beginning of mainstreaming. Miller believes that the price correction is a normal thing, as volatility is the inevitable price that investors pay for the outstanding performance of cryptocurrencies. "It is ...
Legendary hedge fund manager and investor Bill Miller told the host of CNBC "The Exchange" that Bitcoin has not fallen into a bubble, but the beginning of mainstreaming.
Miller believes that the price correction is a normal thing, as volatility is the inevitable price that investors pay for the outstanding performance of cryptocurrencies.
"It is a much better version as a store of value than gold." He added.
As Bitpush previously reported, Bill Miller plans to purchase nearly $400 million of GBTC through Miller Opportunity Trust.
By Mary Liu
Tags: Bill Miller,Bitcoin,GBTC
Link: Investing Legend Bill Miller: Bitcoin Is Not In A Bubble, But The beginning Of Mainstream Adoption [Copy]
