Bitcoin (BTC) to take advantage of Trump, the President of the FBI: Paul Tudor Jones

Billionaire investor Paul Tudor Jones says Bitcoin is not just speculative assets – it is a necessity in the current economic environment.

In a Bloomberg television interviewJones argued that the United States is stuck in the “debt trap” and that policy makers are likely to maintain real interest rates less than inflation to reduce the burden.

Jones said that President Trump will be able to appoint the President of the Federal Reserve “Uber Duvish” to replace Jerome Powell, who will end the US central bank’s term next year. This means high prices, low purchase and greater risk of traditional governors, Jones continued. To hedge against this scenario, Tudor Jones believes that every wallet should consist of bitcoin

And gold and arrows.

“It will be a mixture of Bitcoin and Gold and Stocks before,” Jones said, noting that Bitcoin’s price fluctuations are much more slope than that gold, so the sizes of positions should vary. However, it was clear: “This is likely to be the best anti -inflation portfolio.”

Jones, who runs Macro’s hedge fund 16 billion dollars, Tudor Investment Corp. , Long -a -time voice About the use of bitcoin as an enlarged inception. While previously suggested allocating 1-2 %, this time he refused to give a number – although he repeated his strong conviction.

His remarks came after the fresh consumer price index data showed on Wednesday morning an increase in inflation by 2.4 % during the past year – a little less than expectations.

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