Cryptocurrency News

Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe

2022.05.28 07:26

Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe
Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe

Bill Miller the billionaire founder and chief investment officer of investment firm Miller Value Partners, has said he considers Bitcoin (BTC) an “insurance policy against financial catastrophe.”

Appearing on an episode of the “Richer, Wiser, Happier” podcast on May 24, Miller backed the cryptocurrency as a means for those caught in conflict to still access financial products. He used the collapse of financial infrastructure in Afghanistan after the United States withdrawal in August 2021 as an example.

Source

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 104,555.01 0.16%
ethereum
Ethereum (ETH) $ 3,309.93 4.93%
xrp
XRP (XRP) $ 3.27 1.00%
tether
Tether (USDT) $ 0.999171 0.14%
solana
Solana (SOL) $ 262.86 19.34%
bnb
BNB (BNB) $ 709.26 1.75%
dogecoin
Dogecoin (DOGE) $ 0.397183 4.27%
usd-coin
USDC (USDC) $ 1.00 0.00%
cardano
Cardano (ADA) $ 1.09 4.42%
staked-ether
Lido Staked Ether (STETH) $ 3,307.53 4.87%
tron
TRON (TRX) $ 0.242313 2.70%
avalanche-2
Avalanche (AVAX) $ 39.29 5.38%
sui
Sui (SUI) $ 5.04 3.59%
chainlink
Chainlink (LINK) $ 24.01 4.39%
stellar
Stellar (XLM) $ 0.484355 0.83%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 104,101.89 0.12%
hedera-hashgraph
Hedera (HBAR) $ 0.355677 5.10%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,908.16 5.62%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 6.30%
the-open-network
Toncoin (TON) $ 5.28 5.80%
polkadot
Polkadot (DOT) $ 7.02 6.61%
weth
WETH (WETH) $ 3,307.51 4.97%
litecoin
Litecoin (LTC) $ 125.24 8.30%
bitcoin-cash
Bitcoin Cash (BCH) $ 466.35 4.84%
leo-token
LEO Token (LEO) $ 9.52 2.49%
uniswap
Uniswap (UNI) $ 14.18 5.54%
bitget-token
Bitget Token (BGB) $ 6.80 3.02%
pepe
Pepe (PEPE) $ 0.000018 10.09%
hyperliquid
Hyperliquid (HYPE) $ 21.74 6.15%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,502.89 4.76%
near
NEAR Protocol (NEAR) $ 5.45 5.58%
usds
USDS (USDS) $ 1.00 0.06%
ethena-usde
Ethena USDe (USDE) $ 0.999326 0.11%
official-trump
Official Trump (TRUMP) $ 28.61 566.45%
aptos
Aptos (APT) $ 9.29 4.98%
internet-computer
Internet Computer (ICP) $ 10.65 6.46%
aave
Aave (AAVE) $ 317.72 5.40%
vechain
VeChain (VET) $ 0.051903 7.72%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.483916 4.97%
ethereum-classic
Ethereum Classic (ETC) $ 26.90 5.13%
monero
Monero (XMR) $ 215.05 7.15%
ondo-finance
Ondo (ONDO) $ 1.27 3.99%
render-token
Render (RENDER) $ 7.52 5.99%
bittensor
Bittensor (TAO) $ 460.58 5.51%
algorand
Algorand (ALGO) $ 0.444551 5.62%
crypto-com-chain
Cronos (CRO) $ 0.1345 8.59%
mantra-dao
MANTRA (OM) $ 3.79 0.87%
kaspa
Kaspa (KAS) $ 0.14118 8.67%
mantle
Mantle (MNT) $ 1.06 6.57%
dai
Dai (DAI) $ 1.00 0.03%