Paul Tudor Jones said bitcoin is a great way to protect his wealth over the long run and is part of his portfolio just like gold. "I like bitcoin as a portfolio diversifier. Over time it's a great diversifier," he said. "For me, it's just a way of kind of foundationally looking at how do I protect my wealth," he added.
Investing at least 5% of your assets in #Bitcoin is recommended by Paul Tudor Jones, and institutions and talking heads are already going absolutely bananas... Do you have any thoughts on where this will lead to Bitcoin?
Is it moon time?We need to stop trying to rely on a single figure to try to take bitcoin to the next level or whatever terminology people want to use, bitcoin is decentralized which means that this is the opposite of what we truly want, even satoshi was not above criticism on the early days as he was too powerful not only as a holder, miner, creator and developer of bitcoin.
He recognized this and left so I do not care how powerful is this person we need to avoid relying on a single person in order for the price of bitcoin to grow, and we just have to take a look at what happened with Elon Musk to see a clear example of why this is a bad idea.