Bill Miller Retains His Bitcoin Support

Famous billionaire Bill Miller continues to support the leading cryptocurrency despite the historical decline in Bitcoin.

Bill Miller Retains His Bitcoin Support. American investor and fund manager Bill Miller announced that he will continue to support Bitcoin, even though he has sold some of his Bitcoins. Miller argued that Bitcoin is “insurance against financial disaster.” Speaking to CNBC, Miller stressed that he does not understand investors who do not diversify their portfolios with crypto and stated that he is not worried about the market drop. “I've had at least three falls of over 80 percent,” Miller said. “I own Bitcoin as an insurance policy against financial disaster. I have yet to see a valid argument as to why people should not put at least 1% of their portfolio in Bitcoin.” Miller added that the decline in Bitcoin should be considered as a buying opportunity.