Paul Tudor Jones flags a ‘real problem’ for Bitcoin

An unfriendly regulatory environment poses a challenge for Bitcoin. In an interview CNBC said.

Bitcoin has a real problem, because the entire regulatory apparatus in the United States is oriented against it — the billionaire explained.

Another challenge for the first cryptocurrency, in his view, could be a softening of growth in consumer prices. In that case the strategy of buying the asset as a hedge against inflation could end, he explained.

Despite the risks, Tudor Jones assured that he remains faithful to digital gold.

From the very beginning I have always said that I want a small allocation of assets in Bitcoin. It is the only asset whose issuance people cannot control. … I will always stay in this position — he added.

Back in October 2022, Tudor Jones stated that he continues to hold the first cryptocurrency in his portfolio.

In June 2021 Jones pledged that he would allocate 5% of his capital to Bitcoin due to the policy of the ФРС.

Earlier he valued his Bitcoin holdings at $100 million. At that time, this represented about 1-2% of his fortune.