Billionaire Paul Tudor Jones: Bitcoin Looking Better than Ever

Billionaire Paul Tudor Jones: Bitcoin Looking Better than Ever

By Abhimanyu Krishnan | News | 23 Oct 2020


Billionaire Paul Tudor Jones said in an interview on CNBC on October 22 that he was very bullish about Bitcoin and that it was still in the “first inning.”

  • Jones, who revealed his Bitcoin investment in May 2020, offered a very bullish prediction for Bitcoin, saying that “likes Bitcoin even more now than I did then”
  • Jones believes that quantitative easing policies instituted by the Federal Reserve will spur inflation
  • He likened investing in Bitcoin to “investing with Steve Jobs and Apple or investing in Google early”
  • Like other experienced investors who have recently invested in Bitcoin, Jones believes that Bitcoin is the best hedge against inflation
  • Microstrategy, Square and Mode Global Holdings have all invested reserves into Bitcoin

Abhimanyu Krishnan
Abhimanyu Krishnan

Technophile, cryptocurrency enthusiast and journalist.


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