Member-only story
How The Billionaire Hedge Fund Manager Has Come Around to Bitcoin
Paul Tudor Jones is a Billionaire Hedge Fund Manager that is considered a “heavy weight” in the worlds of finance, philanthropy, conservation, and education. His net worth is estimated at $5.1 billion and he has been serving as Founder & CEO of Tudor Investment Corporation for 40 years. When he speaks, people listen. And that’s exactly what happened a few days ago. In his macro view, Jones shook the financial and cryptocurrency worlds when he came out largely bullish on Bitcoin in his most recent shareholder letter.
The introduction paragraph to the letter is extremely powerful. Jones notes that COVID-19 has caused unprecedented Central Bank action that has taken the modern monetary theory (MMT) experiment to its absolute extreme and the world is now in unchartered territory. His words remind the reader just exactly how unchartered the territory of this brave new world is:
COVID-19 is a one-of-a-kind virus that has triggered a one-of-a-kind…
