Paul Tudor Jones made headlines earlier this year when he stated in a letter to investors in his fund that Bitcoin is likely going to be the best hedge against inflation in the coming few years.
His belief in Bitcoin’s future at the time was unique, as he was one of the few mainstream macro investors to advocate for the cryptocurrency publicly.
In another interview with CNBC earlier today, Jones explained that he is more bullish now than he was before on the benchmark cryptocurrency. He is now going so far as to equivocate buying BTC to buying Apple or Google in their early days.
Another interesting point made by Jones during the recent interview is regarding the nature of typical hedge investments, which he calls bets on the fallacy of mankind.
On the flip side, he notes that Bitcoin is more of a bet on human ingenuity.
Paul Tudor Jones More Bullish on Bitcoin Than Ever Before
During a recent interview with CNBC, Paul Tudor Jones doubled down on his bullish Bitcoin sentiment, explaining that its performance in the face of economic turbulence and imminent inflation has been encouraging.
He specifically stated today that he is now more bullish on Bitcoin than when he first announced his interest in BTC back in May.
“I like bitcoin even more now than I did then. I think we are in the first inning of bitcoin and it’s got