Why Billionaire Investor Paul Tudor Jones Believes Trust In Bitcoin Will Go Up

[SRShanuka2020]

Why Billionaire Investor Paul Tudor Jones Believes Trust In Bitcoin Will Go Up

Veteran hedge fund manager and Tudor Investment founder and chief executive, Paul Tudor has once again expressed a strong belief in Bitcoin. According to him, Bitcoin has a lot to benefit from the rapid digitization going on in the world.

Tudor shared his opinion during a recent interview with CNBC’s Squawk Box. According to him, the world is already quite digital and so anything that fits into that will likely thrive, adding that even his children no longer use cash.

He is also quite confident that trust in Bitcoin will increase. Tudor says that the number of people who own or use Bitcoin is rising and that the number will keep rising with each Bitcoin rally.

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[sampoerna]

I think he already knows the scenario of Bitcoin to go bullish this year. He may be the part of whales community as he is a billionaire investors. I also belive that what Paul said is true. We already saw after previous halving would be bullish. That scenario seems to happen again.

[damsix]

Paul Tudor is a well-known businessman, just look at the fundamentals are investors in various fields.
He must have known Bitcoin since 2017 or even backwards because investors usually know the best things are at the top.

Then now Paul Tudor has become aware of the rise in the price of Bitcoin and it is certain that he is already HodL Bitcoin when the price is 6000 USD (this is in my estimation, because I have said if Paul Tudor knows of Bitcoin since 2017.

[Astra]

People's trust in bitcoin will grow if the price of bitcoin itself also rises. The coming year will be a good test of Bitcoin's trust in people. Bitcoin must live up to the expectation of its significant price rise, otherwise this confidence will fall.
Somehow, a survey was conducted among participants in the cryptocurrency market whether they will hold Bitcoin if they know that it will not grow in price. The majority answered that then there would be no point in keeping it.

[Octoalts]

He is aware that Bitcoin is a very potential investment, because he knows the demand for Bitcoin from day to day continues to increase, while the limited supply is becoming increasingly convinced that Bitcoin will experience a high increase.

[EthereumDev_]

He is aware that Bitcoin is a very potential investment, because he knows the demand for Bitcoin from day to day continues to increase, while the limited supply is becoming increasingly convinced that Bitcoin will experience a high increase.

well, I really agree with what you say because currently bitcoin does have an important role in the development of digital currencies in the future.

[Noverteno]

He is aware that Bitcoin is a very potential investment, because he knows the demand for Bitcoin from day to day continues to increase, while the limited supply is becoming increasingly convinced that Bitcoin will experience a high increase.

Agree, if large financial assets are held mainly on the trust of society, this is not very reliable. In my opinion, the current popularity of bitcoin is given by the expectation and people's belief that bitcoin will increase in value in the next few years. What if these expectations are not met? Then bitcoin will plummet in price and the cryptocurrency market will go through a major restructuring. However, it will continue to evolve.

[TomPluz]

People are looking for something that they can trust will still be valuable in the future...and this is why many wealthy people are slowly recognizing Bitcoin because they know how unstable and shaky is the global economic system that is based on the fiat money backed by the governments. In case, there can be another major economic disruptions, value of fiat monies will surely stumble dramatically and this can alone push the value of Bitcoin more. The only big problem with Bitcoin is that more and more are seeing this digital asset as a speculative tool rather than as a payment platform for everyday use. And it is human nature, why would you spend your Bitcoin for things like coffee or snacks when you know there is that chance it can rise tomorrow though this can be remedied if people have regular income or earnings coming in Bitcoin but this is not really the case (only a few companies have already adopted Bitcoin on their payroll system and I don't see a trend on this area).

[Blaze]

I think this is because he has seen how the price movement of bitcoin from the beginning of 2009 until now which has very good price movements and can provide a lot of profit so that many investors will take advantage of bitcoin.

[vegasus]

 am sure that the people who are sure about the increase of BTC are those who know exactly BTC. So far, many people still think that investing in BTC is something that is very rare and it is too risky. Although it is true that investing in BTC is risky, we can et the strategy in  order to minimize the risks.

[hair]

I think because the opportunity to make a big return on bitcoin investment is greater than any other investment. of course we have to be prepared with big risks too

[Jawahara]

No matter whatever the reason may be, whales are always in control of the whole market at large. On this note, he might have had a little on the direction whales intend to move

[edmundo]

It's quite refreshing to see the final attention and recognition being given to bitcoin. Many people are beginning to give bitcoin the respect it deserves and it isn't surprising. This was always going to happen sooner than later. With this already in effect, expect to see much more and spiralling a major upward run of bitcoin prices due to huge demand.

[Legion]

because I see the price of bitcoin will be more expensive, the effect of bitcoin is increasingly difficult to obtain.

[Quantum X]

He is also quite confident that trust in Bitcoin will increase. Tudor says that the number of people who own or use Bitcoin is rising and that the number will keep rising with each Bitcoin rally.

This statement is strongly agreeable and the fact that users of bitcoin is growing is a glimpse of reality that only a matter of time we have for the best out come we have been waiting.