Billionaire investor Paul Tudor Jones says bitcoin isn’t just a speculative asset — it’s a necessity in the current economic environment.
In a Bloomberg TV interview, Jones argued that the U.S. is stuck in a “debt trap” and that policymakers will likely keep real interest rates below inflation to reduce the burden.
President Trump, Jones said, is will likely appoint an “uber-dovish” Fed chair to replace Jerome Powell, whose term atop the U.S. central bank ends next year. That means higher prices, lower purchasing power and greater risk for traditional portfolios, Jones continued. To hedge against that scenario, Tudor Jones believes every portfolio should consist of bitcoin BTC, gold, and stocks.
“It would be some combination of vol-adjusted bitcoin, gold, and stocks,” Jones said, noting that bitcoin’s price swings are much steeper than those of gold, so position sizes should vary. Still, he was clear: “That’s probably your best portfolio to fight inflation.”
Jones, who runs the $16 billion macro hedge fund Tudor Investment Corp., has long been vocal about using bitcoin as an inflation hedge. While he previously suggested allocating 1–2%, this time he declined to give a number — though he reiterated his strong conviction.
His remarks came after fresh Consumer Price Index data Wednesday morning showed inflation rising 2.4% over the past year — slightly below forecasts.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
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