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Bill Miller Says Bitcoin Is Insurance Against Financial Catastrophe

Miller said the notion that bitcoin holds no intrinsic value is correct, and he compared it to high-value collectibles like a Picasso painting. ....

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Bitcoin gets 'less risky the higher it goes': Legendary investor Bill Miller breaks down why the cryptocurrency could surge 100% in 2021

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Bitcoin gets less risky the higher it goes : Legendary investor Bill Miller breaks down why the cryptocurrency could surge 100% in 2021
Bitcoin gets less risky the higher it goes : Legendary investor Bill Miller breaks down why the cryptocurrency could surge 100% in 2021
Emily GraffeoJan 10, 2021, 20:22 IST
Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal/Getty Images
Legendary investor
Bill Millertold CNBC on Friday he sees bitcoin surging 100% in 2021 as more investors add the coin to their portfolios as a hedge against inflation.
One of the things that s interesting about Bitcoin is that it gets less risky the higher it goes, and that s the opposite of what happens with most stocks, the Miller Value Partners founder said. ....

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