Investor Paul Tudor Jones highlights Bitcoin's strengths as an asset

Billionaire investor Paul Tudor Jones told CNBC that he sees bitcoin as a portfolio diversification to protect his wealth over time. Billionaire investor and hedge fund manager Paul Tudor Jones told CNBC he sees bitcoin as a wealth of wealth and portfolio diversification, citing the Federal Reserve's uncertain future policies. “I love Bitcoin… Bitcoin is math and math has been around for thousands of years,” Tudor Jones told CNBC. “I love the idea of investing in something that is reliable, consistent, fair and 100% safe. That's why bitcoin appealed to me because it's a way for me to invest in security.” Tudor Jones also compared bitcoin to human nature, commenting on the differences between the Fed's policies in 2013 and 2021 and between Presidents Trump and Biden, and "his belief in the reliability and consistency of human nature." When asked if he likes bitcoin at current prices, Tudor Jones said he likes bitcoin as a portfolio diversifier to protect his wealth over time. “Again, I think of bitcoin as a wealth story,” Jones said. "The only thing I know for sure is I want 5% gold, 5% bitcoin, 5% cash, 5% commodities. I don't know what I want to do with the others right now. What will the 80% Fed do until we see it." Jones also said he believes the Fed's next move will "have a big impact". If the Fed acts casually, Jones claimed it will "completely engage in inflationary trading" by increasing its exposure to gold, bitcoin and commodities.

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