Bill Miller keeps bullish BTC view, says it is scarcer than gold

Miller Value Partners CIO and hedge fund veteran Bill Miller said he remains bullish on Bitcoin even after it rose from $63,000 to $87,000 over several months and later fell to $68,000. In an interview with Bitcoin Magazine, Miller said such volatility is the price investors must pay to hold high-quality assets. He added that Bitcoin is scarcer than gold because its supply increases by about 0.8% a year, and said persistent money printing is the only solution in the current macroeconomic environment.