Paul Tudor Jones Advises Investing in Bitcoin Amid Geopolitical Instability and Aggressive Fed Rate Hikes
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Paul Tudor Jones said Bitcoin is a good option amid geopolitical instability like Israel-Gaza war and Russia's invasion of Ukraine.
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He said U.S. is in its weakest fiscal position since WWII and China, Russia, North Korea run by "sociopaths".
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For these reasons, he claimed Bitcoin and gold are good investments now and should take larger portfolio allocation.
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He said aggressive Fed rate hikes could tip economy into recession, and Bitcoin is inflation hedge.
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Jones previously said Bitcoin is "math" and a "bet on certainty" amid uncertain conditions.
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