Billionaire Hedge Fund Manager Bill Miller is Bullish on Bitcoin

There is a wave of high-end opinions going on around the cryptocurrency ecosystem at the moment. Fund managers and institutional investors are once again becoming more vocal about what they think will happen to bitcoin, altcoins, and the blockchain ecosystem as a whole.

The vibe from a lot of users and opinion leaders portrays what could be another significant era in the life of cryptocurrencies and the flagship cryptocurrency in particular.

Bitcoin is Growing Less Risky

In an interview with Bloomberg, the founder and CIO of Miller Value Partners, Bill Miller, gave a positive assessment to bitcoin by describing it as “an interesting technological experiment,” though he thinks that most other cryptocurrencies are worthless.

Bitcoin, as of the time of writing, trades above the $8,000 mark, a factor that Miller identifies to be significant in the stability and belief in the cryptocurrency. According to him, unlike in the past when the cryptocurrency traded around the $100…