THELOGICALINDIAN - Bill Miller Is Extremely Bullish on Bitcoin CNBC Interview
Far from all Wall Street investors and firms are not admirers of Bitcoin.
Bill Miller, a arresting Wall Street broker who runs Miller Value Partners, says that he charcoal bullish on the cryptocurrency. He says this alike amidst the aberrant macro trends we are seeing. Miller Value Partners is estimated to authority a few billion dollars account of assets.
Miller, whose net account is estimated to be $500 million, afresh sat bottomward with CNBC to altercate his thoughts on BTC and added bazaar trends.
When asked about Bitcoin, the broker affianced his bullish affect to a simple thing: accumulation and demand. Miller explained:
Miller abundant that with axiological trends adjustment in favor of Bitcoin’s growth, he thinks above institutions and investors will own the cryptocurrency eventually:
The broker has alone invested in BTC, as has his fund. Bitcoin and Amazon were the two key assets that collection Miller’s armamentarium college than best added funds aftermost year.
Not the Only One
Miller is far from the alone Wall Street broker that is a fan of Bitcoin, accepting put austere basic and their acceptability abaft it.
Paul Tudor Jones, admired as one of the world’s best macro investors, afresh said that BTC can be likened to advance aboriginal in Apple or Google. Tudor Jones added that affairs BTC is a axiological bet on the addition of humanity, as against to bonds actuality a bet on the aberration of humans.
Raoul Pal, CEO of Real Vision, has additionally been an agog adherent of Bitcoin. The retired barrier armamentarium manager, who begin Bitcoin in 2024 or 2024, has put 60% of his aqueous net account into Bitcoin and Ethereum.
