Billionaire Paul Tudor Jones: "It’s Hard Not To Be ‘Long’ Crypto"

“It’s Hard NOT TO BE Long Crypto” | Billionaire Paul Tudor Jones

In a 25-minute interview with CNBC, Billionaire Paul Tudor Jones talked about two of the hottest topics; the Federal Reserve & Bitcoin. Tudor Jones believes the Fed is in such a tight spot, and there’s essentially not much they can do, offering a tongue-in-cheek statement that ‘if he was Jerome Powell, he would just quit.’. Of course that wouldn’t be the case, but the Fed is in such a tough position, that he cannot even accurately say what will happen because we are in unchartered territory. Nonetheless, Tudor Jones highly discourages getting into bonds and stocks and in the long term, believes cryptocurrency is the answer. One of the biggest factors on why he believes it’s smart to be ‘long’ cryptocurrency is because all the young, smart talent coming out of college is going straight into crypto and this is setting up for a true power shift in the financial markets.
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