Billionaire Bill Miller Sees Bitcoin As ‘Insurance Policy Against Financial Catastrophe’

pulled out of Afghanistan, Western Union stopped sending remittances there or taking them from Afghanistan, but if you had Bitcoin, you were fine.

Everybody got their Bitcoin, the price adjusted, and then when the Bitcoiners realized, ‘Wait, we’re going to have inflation down the road,’ Bitcoin went through the roof.

Miller explained that he looks at Bitcoin as an “insurance policy.” He also rebuked comments made by fellow billionaire Warren Buffett, who criticized Bitcoin for not producing anything.

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