Miller Predicts Pain for Bitcoin Skeptics Over Next Decade
Famous investor Bill Miller remains bullish on Bitcoin, predicting that those who ignore it will suffer in the next decade.
In a recent blog post, Miller stated that Bitcoin's intrinsic value is 'many multiples' of its current market cap of $1.5 trillion.
Miller believes that Bitcoin has enormous potential to rise despite trading near all-time highs and thinks that blockchain-based accounting is 'far superior' to fiat alternatives.
He also claims that Bitcoin's promise is one of freedom, allowing individuals to control their own purchasing power without being tied to their circumstances of birth.