Interesting what Paul Tudor Jones recently said on CNBC. The billionaire manager of Tudor Investment Corporation, which controls about $40 billion in assets, is becoming increasingly bullish on Bitcoin as a hedge against inflation, and honestly, his reasoning convinces me.

Jones argues that the global financial system is transforming toward a more digitalized world, and in this context, a resource with a fixed supply like Bitcoin makes sense. He has maintained a single-digit exposure to crypto in his portfolio, but what’s interesting is how he views it compared to traditional safe-haven assets like gold.

According to him, we are in a period where assets in general have room for significant appreciation. But Bitcoin in particular? He sees it as the true inflation hedge of the future. He said gold still has its role, but in a world of monetary stimulus and fiscal expansion, Bitcoin’s decentralized nature and limited supply give it a structural advantage that gold does not have.

What strikes me is that Paul Tudor Jones doesn’t see it just as speculation. For him, it’s increasingly relevant as a genuine portfolio diversifier, a defensive tool in a macroeconomic environment where central banks continue to expand the monetary base. According to Jones, Bitcoin will outperform other asset classes precisely because of this structural reason.

This isn’t the first time Paul Tudor Jones has publicly expressed his views on Bitcoin. In 2020, he already called it the fastest horse in the race during the unprecedented stimulus period. Now he seems even more convinced, and given his track record in reading macroeconomic cycles, it’s worth listening to him.

He also added that he still sees room for a rally in the broader stock markets before what he calls a blow-off top. In short, Paul Tudor Jones remains optimistic about the overall outlook, with Bitcoin playing a central role in his long-term defensive vision.