Renowned investor Paul Tudor Jones is buying Bitcoin as a hedge against the inflation that he foresees, due to central bank money-printing:
“The best profit-maximizing strategy is to own the fastest horse,” Jones, the founder and chief executive officer of Tudor Investment Corp., said in a market outlook note he entitled ‘The Great Monetary Inflation.’ “If I am forced to forecast, my bet is it will be Bitcoin.”
Mr. Jones also said Bitcoin reminds him of the role gold played in the 1970s and that BTC is a good store of value due to “purchasing power, trustworthiness, liquidity and portability.”
Source: Finance.Yahoo.com
One of the Most Successful Investors, Paul Tudor Jones, Buys Bitcoin as a Hedge Against Inflation1 thought on “”