Paul Tudor Jones Says Bitcoin Has a 'Real Problem' in the U.S.


Going to talk about Paul Tudor Jones. He was kind of one of those early Bitcoin bulls from the world of traditional finance back in 2021. Now he has some fresh comments on Bitcoin in the U.S. facing regulatory headwinds and quote real problems given the climate in D.C.. We're going to talk about that and more. He also made some comments about the macroeconomic picture, given that he thinks that the fed is going to stop all those interest rate hikes that have been suppressing activity and markets, but we'll talk to that second. All right, the Bitcoin comment. I have a thought, but I want to throw it to Wendy on this one. What do you think, PT was one of those initial profits of the chat file world who got into Bitcoin not long ago? What do you think about these latest comments? I don't think anybody is a profit when it comes to crypto and Bitcoin. I mean, people, when they started using Bitcoin originally, like way, way back in the day, it was meant to make secure private transactions online for specific things. So and things have evolved the narrative continues to change. But I do like to see some guys from traditional finance coming into the space. I don't trust them as far as I can throw them. And I do agree with a lot of his thoughts that crypto is going to surge due to the current economic state, especially in the United States of America. And when I say surge, you guys, I'm not saying it's going to happen overnight. I'm not saying it's going to happen now. I am simply saying it takes time. But number should potentially go up. I mean, I got a counter take on this one. I mean, this kind of commentary kind of puts him in opposition to prominent Bitcoin maxis such as Michael saylor, who have been saying that, hey, the regulatory stance in the U.S. toward Bitcoin specifically has actually been favorable through this crackdown, right? You have SEC chair Gary gensler saying, hey, Bitcoin. It's the one true commodity. It doesn't have an issuer. It's decentralized enough relative to Ethereum and others out there in the market, which may be more securities like. So I think that this kind of puts him in opposition to what, in my opinion, may be the more informed take relative to the regulatory conversations going on in D.C. right now.

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