"When you look at the historical track record of fiat currencies, if you run out the clock long enough, they all go to zero. And that may be what's happening here. Bitcoin is demonetizing arbitrary process. And that's its promise to me." On this Bitcoin Talk episode of THE Bitcoin Podcast, Walker talks with Bill Miller IV, Chief Investment Officer of Miller Value Partners. The conversation explores the nature of Bitcoin as a superior accountability system compared to fiat currencies, value investing and Bitcoin, the importance of property rights, and stability in economic systems. Follow Bill on X: https://x.com/billfour SHOW NOTES ***** THE Bitcoin Podcast Partners -- use promo code WALKER for... > bitbox.swiss/walker -- 5% off the Bitcoin-only Bitbox02 hardware wallet. > EFANI: Protect yourself from SIM swap attacks – go to https://www.efani.com/walker and it’ll automatically apply the promo code WALKER getting you $99 OFF. > Cloaked Wireless: 25% OFF eSIM or physical SIM cards and protect yourself from SIM swap attacks. ***** If you enjoy THE Bitcoin Podcast you can help support the show by doing the following: Subscribe to THE Bitcoin Podcast (and leave a review) on Fountain | Apple Podcasts | YouTube | Spotify | HIGHLIGHTER | EVERYWHERE ELSE Follow me (Walker) on Twitter Personal (@WalkerAmerica) | Twitter Podcast (@TitcoinPodcast) | Nostr Personal (walker) | Nostr Podcast (Titcoin)