Billionaire Investor Druckenmiller Regrets Not Buying Bitcoin, Calls it a Strong Brand Like Gold
-
Legendary billionaire investor Stanley Druckenmiller says he should have bought bitcoin, calling it a strong "brand" like gold.
-
Druckenmiller says he likes gold because it's a 5,000 year old brand, while bitcoin was created in 2008.
-
Bitcoin and gold have emerged as twin safe havens for investors amid economic uncertainty this year.
-
Druckenmiller criticized Treasury Secretary Janet Yellen for not refinancing U.S. debt when rates were at rock bottom during COVID.
-
The bitcoin price has doubled since January as investors bet on its potential as an inflation hedge.