Bill Miller IV Says ‘Every Company Might Be A Bitcoin Treasury’ In 20 Years—Claims Ethereum Won’t ‘Win’ In The End
Miller Value Partners portfolio manager Bill Miller IV predicts widespread corporate Bitcoin (CRYPTO: BTC) adoption within decades, dismissing Ethereum‘s (CRYPTO: ETH) long-term prospects despite recent regulatory advantages.
What Happened: Speaking on CNBC Monday, Miller said he expects “every company might be a Bitcoin treasury company” in 20 to 30 years, citing Bitcoin’s superior underlying protocol stability compared to fiat technologies.
Miller highlighted three recent legislative developments affecting cryptocurrency markets: the Clarity Act for regulatory oversight, the GENIUS Act for stablecoin regulation, and the anti-CBDC surveillance act preventing government overreach in central bank digital currencies.
The fund manager criticized the Clarity Act’s grandfathering provisions, which allow Ethereum and Solana blockchains to qualify as decentralized despite their proof-of-stake consensus mechanisms. Miller argued these technologies essentially maintain existing power structures where large stakeholders control decision-making.
Despite Ethereum’s …
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