Billionaire fund manager Bill Miller told Bloomberg TV bitcoin (BTC) is an “interesting technological experiment” and the only cryptocurrency worth holding.
Calling bitcoin a “positive expectation lottery ticket,” the founder and chief investment officer of Miller Value Partners touted bitcoin for its potential to increase in value given its limited supply, among other reasons.
Of course, he has good reason to tout bitcoin. According to NewsBTC, Miller has invested more than $1 billion of his hedge fund’s liquid assets in the cryptocurrency over the past few years. Read more here.