Billionaire Bill Miller: Financial advisors will recommend allocating 1%-3% of portfolios to Bitcoin in the coming years

ChainCatcher news, billionaire investor Bill Miller recently stated in an interview that he expects financial advisors to start recommending a 1% to 3% allocation of Bitcoin in investment portfolios within the next three to five years.

He said, "This is the only economic entity whose supply is not affected by demand or price. At the most basic level, you just need to believe that the demand for Bitcoin will grow faster than the supply."

He pointed out that if more people want to buy Bitcoin, its price will continue to rise because its supply will not increase, which is different from gold. Earlier this year, JPMorgan found that after adjusting for volatility, Bitcoin's weight in investor portfolio allocations exceeded that of gold, with its allocation being 3.7 times that of gold.