Billionaire hedge fund investor Paul Tudor Jones: Bitcoin is a ‘great speculation’

[systematictrader]

Ahhh
Premium

 

[johnarb]

PTJ also called bitcoin the fastest horse

What do you guys think of the idea that Paul Tudor Jones "has just removed career risk from investing in cryptos like Bitcoin. “Expect a lot of beta fund managers to begin cooking some copypasta,”"

replying to my own post. "Reducing "look stupid" risk & a global "fiscal orgy" could see $BTC hit $20K by year-end!"

https://twitter.com/x/status/1260225391991689216

 

[Atikon]

Bitcoin is a 'derivative' like cash, bonds, stocks, options, futures, bitcoin in itself has no value. think about it. gold is a derivative too. as as commodity gold is just rock same with diamonds. diamonds are just heated rocks.

Bitcoin just another way to launder money since Obama and US regulators did a crackdown on swiss accounts back in 2009 which is when Bitcoin was invented. and pushed.

There is no way to hide or launder money in the carribean anymore. like in 70's and 80's


https://www.cnbc.com/video/2020/05/...dor-jones-bitcoin-is-a-great-speculation.html

[/QUOTE]

I'm sceptical about money laundering, it's very volatile. But what I see on various Groups is Pump and Dump Schemes all over the place. Lack of Regulation makes it an Eldorado for Scammers.

 

[ZBZB]

Here is the Paul Tudor Jones research report that led to the recent headlines.

 

[Daal]

If the "1-2% of assets in bitcoin" idea becomes popular among the HF world, BTC will explode

 

[johnarb]

If the "1-2% of assets in bitcoin" idea becomes popular among the HF world, BTC will explode

Yea, exciting times for bitcoin. The HF world literally got the ok to start exploring bitcoin as part of an investment strategy, after all, HF's gotta hedge to mitigate the risk of CB money printing, ZIRP/NIRP, etc.

 

[Sprout]

Yea, exciting times for bitcoin. The HF world literally got the ok to start exploring bitcoin as part of an investment strategy, after all, HF's gotta hedge to mitigate the risk of CB money printing, ZIRP/NIRP, etc.

There are:
2,200 Billionaires
46,800,000 Millionaires

Plus all the nation states, central banks, hedge funds, institutions, companies, regular folk, etc. that currently do not own a single bitcoin nor a fraction of one.

21,000,000 is all the BTC ever to be minted.