Bitcoin wins the race against gold: Paul Tudor Jones
Bitcoin wins the race against gold: Paul Tudor Jones
Paul Tudor Jones-Milliardar CEO of Tudor Investment Corporation-has confirmed his support for Bitcoin. He said that he has cryptocurrencies in his portfolio and considers them to be superior as inflation protection against gold.
Jones remains a Bitcoin believer
Since then the billionaire has claimed his position.
"Bitcoin would be a great inflation protection," he said.
In terms of commitment, Jones said Krypto is making a single -digit percentage of his portfolio. His fund also has a small trading position in the asset.
"I think we are moving into an increasingly digitized world. There is clearly a place for crypto, and it is currently clearly winning the race against gold, right?"
Jones explained that at that time he would prefer Bitcoin to, even as a cryptocurrency achieved all-time highs.
In addition, he gave some thoughts on the recent introduction of the proshares Bitcoin Futures ETF. He says he would rather just keep real Bitcoin than a derivative, which reflects the opinion of some other investors. However, he acknowledges that the approval of the SEC crypto lovers should bring great relief.
Paul Tudor-Jones.
Bitcoin about gold, investors say
Jones is not the only billionaire who views Bitcoin as inflation protection. Orlando Bravo-co-founder of Thoma Bravo-recently praised the cryptocurrency for exactly this property. He said he was "very optimistic" in terms of BTC's price and has many blockchain-related investment plans for the future.
At the beginning of this year, Jordan Belfort (alias "The Wolf of Wall Street") predicted that Bitcoin could reach $ 100,000. Similarly, he says that Bitcoin's limited offer means that the owners should feel spoiled by it.
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