$TRX
Cooling DownSnapshot Window: 2026-07-13 18:00 UTC · ← Back to Crypto Overview
Social Momentum Summary
Total Engagement - Comments: 0, Retweets: 0, Likes: 0, Impressions: 1
Verbatim Community Citations & Social Evidence 1 source posts analyzed
$432M Miller Value Partners CIO, Bill Miller IV, tells CNBC: "fundamental case for Bitcoin has never been stronger" [Spoken audio]: fundamental case for Bitcoin has never been stronger. Why is Bitcoin performing so poorly? I think the main reason right now is the fact that Clariac, like it could be stalling on ethics concerns, but you look at it over a much longer time horizon, the fundamental case for Bitcoin has never been stronger. So the CBO this year is projecting $1.9 trillion in a deficit. So let's let's look at that from a different angle. The marginal obligations being created that that are unfunded by our country is 50% bigger than the entire market cap of Bitcoin. So you have to think, is this the best way of accounting for capital when we can just come up with new obligations year in and year out, the debt cycle gets worse and worse. I think there are better ways to account for capital that are based on consensus, energy and transparency. So we're still very optimistic about the technology over the long term. I know, but I didn't hear you say anything about the use case of it. I mean, what if there was never really a credible fundamental story to begin with? Well, then it might not exist, right? So Bitcoin came into existence in the heels of the 2008, 2009 financial crisis when everyone saw all of the money printing coming down the pike and that's what happened. So the fundamental use case is stronger and you have to look at the over underlying sets of dynamics out there around you when you make market calls. And so the fundamentals are still incredibly strong. What if the biggest problem here is it's simple and that there's just a lot of money going into other more durable fast growing areas of the market around the AI trade and Bitcoin just can't compete with that. Well, I think AI very, very long term is incredibly deflationary. And to make up for that, you're going to have to come up with a whole bunch more dollars to fill in for all the debts that are out there. So one of the ways out of the debt spiral is inflation and in Bitcoin is a hedge against that over the long term So I think overall that's a very good thing over the long term for Bitcoin