Founder of Miller Value Partners, Bill Miller gave an exclusive interview to FOXBusiness where he shared his positive thoughts on cryptocurrencies and went even deeper on explaining why the latest market sell-off shouldn’t scare investors from investing in digital assets. During the interview he has compared BTC with other major inventions throughout the history:

“What I observed with bitcoin is that it’s following a very time-honored path of disruptive innovation going all the way back to the printing press, railroad, electricity, radio in the 1920s, biotech, the internet.”

Meanwhile many Wall Street investor keep comparing the so called BTC ‘bubble’ to the crisis of NASDAQ back in 2000 and to Dot-com bubble, moreover some even went deeper with trying to point out to similarities with the tulip bulb mania. To address these concerns, Miller has quoted the famous Everett M. Rogers:

“Bubbles are necessary to bring capital into the market to see if these innovations are actually going to stand.”

He also made sure to inform our readers; his firm is betting nearly half of its assets in the digital currencies. Check out the FOXBusiness link for the exclusive video.