Popular Hedge Fund Manager Paul Tudor Jones: ‘Bitcoin Reminds Me of Gold Back in 1976’

Hedge fund supervisor and investor, Paul Tudor Jones, mentioned his opinion in regard to the crypto asset bitcoin on Thursday, saying that it reminds him of the half gold performed again in the ‘70s. Jones additionally disclosed that his fund Tudor BVI has a share of Bitcoin futures merchandise as properly, and he believes the cryptocurrency is a hedge in opposition to inflation.

Bitcoin: The Quickest Horse Within the Secure

This week in a be aware to buyers, the well-known hedge fund supervisor Paul Tudor Jones mentioned bitcoin. Jones detailed that he was lately motivated to look into the crypto asset after witnessing the central banks take part in huge quantitative easing techniques and slashing rates of interest. Jones has been a preferred hedge fund supervisor for many years making billions of , because the investor is price about $5.1 billion to-date.

“One of the best profit-maximizing technique is to personal the quickest horse,” defined Jones, the founder and chief…

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