By Pete Rizzo, Coindesk.com
In an interview on CNBC’s popular morning program ‘Squawk Box’, Legg Mason’s Bill Miller dismissed Warren Buffett’s statements on bitcoin as flawed.
The former Legg Mason CFA, chairman and CIO, and current portfolio manager for the Legg Mason Capital Management Trust reiterated his support for bitcoin, directly addressing the legendary investor’s opinions on the subject in the process.
Buffett has been outspoken in his views about bitcoin as an investment, calling its value a ‘mirage’ and urging investors to ‘stay away’ from the digital currency, though his statements have suggested he sees value in bitcoin’s underlying technology.
In contrast, Miller has been open about owning bitcoin and what he sees as its potential to maintain and grow its value long-term.
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