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Billionaire Bill Miller: Bitcoin is still seriously "undervalued"

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2024-06-12 01:27:25
On June 12, Bill Miller IV, the billionaire investor and chairperson and CIO of Miller Value Partners, reaffirmed his strong belief in Bitcoin in a blog post titled "Why I'm Still Betting on Bitcoin" on June 11.
Mr. Miller argues that bitcoin is still grossly "undervalued" and predicts a major shift in global capital governance. He stresses that the traditional monetary system, which is subject to human judgment and political manipulation, is inherently flawed. Bitcoin, as a secure, immutable and automated system, offers a better alternative.
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