Adoption: The Reason Why Hedge Fund Manager Paul Tudor Jones Has Started Buying Bitcoin
The popular American hedge fund manager, Paul Tudor Jones II, said that he is buying Bitcoin amid the growing trend amongst world central banks to print excessive amounts of money.
“The best profit-maximizing strategy is to own the faster horse. If I am forced to forecast, my bet is it will be Bitcoin.”
The Federal Reserve has already pumped trillions into financial markets recently. The government’s debt is skyrocketing. Mondern Monetary Theory has gone from the crackpot fringe to the mainstream in just months. Debt is being monetized on a massive scale. This will not end well.
Joe Blow has a hard time buying small amounts of gold as an inflation hedge but can easily buy a small amount of Bitcoin as an inflation hedge. If billionaires are starting to realize Bitcoin’s potential, how long until the masses catch on?
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