American investor Bill Miller recently stated in an interview that Bitcoin will become a key part of investment portfolios in the coming years.

Bill Miller's Interview and Views on Bitcoin

In an interview with Forbes, Bill Miller shared that his interest in Bitcoin was sparked after a lecture by former Xapo CEO Wences Casares. He highlighted the unique economic properties of Bitcoin, such as its consistently limited supply regardless of market demand. Miller also noted that while central banks faced challenges maintaining traditional financial systems, Bitcoin did not encounter such issues.

Comparison of Bitcoin to Gold

Miller emphasized that according to JPMorgan, Bitcoin holds a higher position in investment portfolios than gold, being 3.7 times higher. Unlike traditional assets, Bitcoin's supply remains constant even as prices change, making it a unique economic resource.

Bitcoin's Resilience in Economic Crises

Miller pointed out that in times of instability, Bitcoin can serve as a digital equivalent to gold, providing a hedge against financial catastrophes and inflation. He also noted that Bitcoin remains resilient during economic crises, in contrast to traditional financial systems that require central bank support.

Bill Miller believes that in the coming years, financial advisors will begin recommending that their clients invest in Bitcoin to diversify and protect their assets amid potential economic crises.