Billionaire Bill Miller calls Bitcoin ‘insurance’ against financial catastrophe

Cointelegraph

Published May 26, 2022 10:14PM ET

Updated May 28, 2022 12:20AM ET

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.

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