Miller Predicts Bitcoin Deniers Will Suffer Over Next Decade

Famous investor Bill Miller has reaffirmed his stance on Bitcoin (BTC), saying he's 'still betting' on it. In a recent blog post, Miller pointed out that Bitcoin's market cap is just a small fraction of its total addressable market.

Miller claims that Bitcoin has enormous potential to rise despite currently trading close to all-time highs. He believes the cryptocurrency's intrinsic value is 'many multiples' of its current market cap.

The billionaire investor also emphasized that Bitcoin's promise of freedom, allowing individuals to control their own purchasing power without government interference, is a major factor in its appeal.

Miller has been a long-time proponent of Bitcoin and was one of the first high-net-worth investors to predict its potential. He even went so far as to say that BTC could go as high as $314,000 per coin in the past.