TechFlow News, April 29: According to The Block, macro investor and hedge fund manager Paul Tudor Jones stated in an interview with the podcast “Invest Like the Best” that Bitcoin is the “undisputed best inflation hedge.” He noted that Bitcoin has a hard cap of 21 million coins, with fewer than one million remaining to be mined, and emphasized that its decentralized nature makes its scarcity far greater than that of gold (which sees annual supply growth of approximately 2%). Jones began allocating to Bitcoin as early as 2020 to hedge against central bank monetary overexpansion risks and indicated the following year his intention to raise his allocation target to 5%. However, he also cautioned about potential risks, including “kinetic conflict” involving cyber warfare that could disable electronic systems, as well as security threats arising from breakthroughs in quantum computing.
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