Billionaire Paul Tudor Jones Chooses Crypto Over Gold As Inflation Hedge


Billionaire hedge fund manager Paul Tudor Jones notes that bitcoin is currently winning the race when compared to gold, saying the flagship cryptocurrency is his preferred inflation hedge over gold. Bitcoin’s overtook its all-time highs on Wednesday, following the announcement of the first bitcoin futures exchange-traded fund (ETF) in the U.S. trading on the NYSE. Notably, Gold has lost 8% over the past 12 months whereas bitcoin gained 437%.