From geopolitical tensions to the uncertain American economy; The famous billionaire talks about his interest in Bitcoin!

Paul Tudor Jones, the well-known investor and billionaire, said in a recent statement that the combination of rising geopolitical tensions and the level of US government debt makes it difficult to own stocks, but that Bitcoin and gold are attractive options.
Jones said:

This may be the most threatening geopolitical environment I have ever seen.

He also addressed the US financial situation, describing it as the weakest since at least World War II.
As interest costs rise in the United States, you end up in a vicious cycle where higher interest rates drive up financing costs, drive up more debt issuance, which in turn drives up higher rates, he added. will be We are in an indefensible financial position… I can’t love stocks, but I love bitcoin and gold.

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Beginning

Jones first announced his positive outlook on Bitcoin in May 2020 and said that he invested 1-2% of his assets in this digital currency. A year later, he said he wanted to invest 5% of his fortune in Bitcoin.
However, in early 2023, he said unfriendly regulatory measures and the Federal Reserve’s decision to rein in inflation are likely to have a negative impact on Bitcoin.