Miami Mayor Francis Suarez believes the widespread adoption of Bitcoin will make it difficult for regulators to impose severe restrictions on cryptocurrency firms and the digital asset industry. Speaking at the Ethereal Summit, Suarez said that it will be difficult for the US authorities to control the activities of firms working with digital assets, even if the necessary changes to the legislation are made. 

JPMorgan CEO Jamie Dimon said he remains skeptical about Bitcoin despite the growing interest of the bank's clients in the crypto asset. Speaking at a summit hosted by the Wall Street Journal, Daimon said he hasn't softened his stance on the first cryptocurrency. He previously compared Bitcoin to tulip rush and was ready to fire any JPMorgan employee caught in cryptocurrency trading. 

Billionaire Bill Miller, who has previously spoken out in favor of cryptocurrencies, said that he sees no signs of a "bubble" in Bitcoin and expects the rate of the first cryptocurrency to continue to rise. During an interview on CNBC's "The Exchange", Miller noted that despite the recent rally in BTC and the subsequent pullback, demand for the first cryptocurrency is outstripping supply.

 

John Danielsson argues that Bitcoin's continued growth will cause serious inequality in society and lead to a dystopian future. An economist at one of London's leading universities said that if Bitcoin and other cryptocurrencies continue to rise in price, inequality in society will increase. Director of the Center for Systemic Risk at the London School of Economics, Jon Danielsson, published a column for the VoxEU Center for Economic and Policy Research titled "What Happens If Bitcoin Succeeds?"

Billionaire and Miller Value Partners founder Bill Miller has once again come out in support of Bitcoin. He also talked about the reasons for buying bonds from MicroStrategy.

In a Q4 2020 report to Miller Value Partners, the founder of the firm said 0.75% of its assets were invested in convertible bonds of MicroStrategy. This company has invested over $ 1 billion in Bitcoin.

Guggenheim Partners' chief investment officer Scott Minerd confirmed his forecast for Bitcoin at $400,000, but warned of a possible correction in BTC.

Scott Minerd noted that the market situation is likely to develop similar to the situation after the Spanish flu in 1918. Then, after the end of the epidemic, the economy began to develop rapidly. Although the epidemic affected the market, it did not affect gold prices.

New US President Joe Biden may appoint former CFTC chairman Gary Gensler, who is well versed in the cryptocurrency industry, as SEC chairman.

Major American investor and fund manager Bill Miller spoke again about Bitcoin and said that as the price of BTC rises, the associated risks will decrease.

In an interview on CNBC, Bill Miller commented on the rise of Bitcoin and expressed his attitude towards the first cryptocurrency:

"One of the things that's interesting about Bitcoin is that it gets less risky the higher it goes," Miller told CNBC Friday. "That's the opposite of what happens with most stocks."

  The Mayor of the American city of Miami, Francis Suarez, said that Bitcoin became one of the most stable investments in an unstable 2020. 

According to Scott Minerd, investment director of Guggenheim Partners, fundamental analysis carried out by the firm's specialists speaks of the fair price of Bitcoin at $400,000.