RE: Paul Tudor Jones Likes Bitcoin
Paul Tudor Jones has graced our discussions, today we see he’s made the headlines again by stating he likes Bitcoin as it is a great diversifier and hedge against inflation
I Like Bitcoin as a Portfolio Diversifier: Paul Tudor Jones
“Andrew Sorkin then asked Jones his current stance on crypto.
‘I like Bitcoin, Bitcoin is math and math has been around for thousands of years. 2+2 is gonna equal 4 and it will for the next two thousand years. I like the idea of investing in something that is reliable, consistent, honest and 100% certain.’
Jones continued, saying that because of Bitcoin’s mathematical certainty, it has appealed to him in contrast to the unpredictability in the policy of the Federal Reserve, current Presidents and human nature in general.’
I believe it was a year ago he said he was allocating 1% and now it is 5%. It is safe to say soon we will see him allocating much, much more towards Bitcoin!