US Billionaire Bill Miller Bets 50% of His Wealth in Bitcoin

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The Street

By Rob Lenihan Star fund manager Bill Miller says ‘bitcoin is the only economic entity where supply isn’t affected by demand.’ Legendary investor Bill Miller showed some big love for cryptocurrency as the billionaire and fund manager said that bitcoin and other cryptos now represent around 50% of his personal assets. Miller made his revelationduring a video interview with WealthTrack, saying that he views bitcoin as “insurance” against financial catastrophes and government overreach. He said he invested in bitcoin in 2014, and then started buying it up again last spring during a surge in inter…

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