Bill Miller: Bitcoin fundamentals are stronger than ever

Bill Miller, Chief Investment Officer of Miller Valle Partners, stated that the base of Bitcoin was stronger than ever before. He noted that the United States Budget Office projected a deficit of $1.9 trillion this year, with unfinanced obligations 50 per cent higher than the overall market value of bitcoin. In his view, one way out of the debt spiral was inflation, while bitcoin was a hedge against inflation over the long term。