Billionaire Investor Druckenmiller Praises Bitcoin But No Longer Owns Any
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Renowned billionaire investor Stanley Druckenmiller praised Bitcoin but admitted he doesn't currently own any.
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Druckenmiller compared Bitcoin's brand and store of value appeal to gold, acknowledging its popularity with younger generations.
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He previously held Bitcoin but sold in response to tightening by central banks.
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Druckenmiller believes digital assets could thrive if people lose faith in central banking.
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He has lauded blockchain technology and predicted a ledger system could replace the dollar as the reserve currency.