For Paul Tudor Jones, “Bitcoin is like investing with Steve Jobs and Apple or investing early in Google.”
Bitcoin is for him the best safe haven against looming inflation.
In an interview with the Squawk Box show on CNBC, Paul Tudor Jones spoke again about Bitcoin, which is enjoying growing interest from institutional investors and which will soon be integrated into the PayPal payment platform.
The billionaire has a clear and precise opinion on Bitcoin:
“I think we are in the first round of Bitcoin and it still has a long way to go.
Bitcoin has this huge contingency of really, really smart, sophisticated people who believe in it.
Bitcoin is like investing with Steve Jobs and Apple or investing early in Google.”
Enthusiastic statements from this famous investment fund manager who is closely followed by the financial community, Paul Tudor Jones is estimated to be worth $5 billion.
The hedge fund manager is now the head of Tudor Investment Corporation and manages an investment fund of over $13 billion!
By reaffirming his optimistic forecast for bitcoin, he should clearly attract new investors to take a closer look at the interest in investing in this new digital asset that is growing in popularity.
“I like bitcoin even more now than I did when I started.” he says on CNBC.
Jones claims to be a supporter of the cryptocurrency and recommends the asset to other investors.
Since PayPal’s announcement, Bitcoin’s price has risen sharply and is hovering around $13,000.
Its arrival on PayPal in a few weeks could clearly give a new boost to the price of BTC and promote its adoption among the general public.
Paypal which has no less than 346 million users worldwide and 26 million merchants in its network!