Billionaire Investor: Most Crypto Will Fail, Bitcoin is King134.12

The ideology of Bitcoin maximalism is heavily contested in the cryptocurrency community, with many seeing an aversion to altcoins as a stigma from the bygone Bitcoin-centric market. However, an investing legend from legacy markets has taken a stand as a fighter for Bitcoin, and Bitcoin only, claiming that most other cryptocurrencies are worthless.

On Friday, Bill Miller, a sixty-eight year-old investor and fund manager with a net worth of $2 billion, took to Bloomberg to discuss his opinions on the cryptocurrency industry.

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