TD₿: The Great Monetary Inflation by Paul Tudor Jones
TL;DR Prices are rising fast, but Bitcoin is here to protect your wealth from the inflation.
Hey Bitcoiners,
Inflation is the talk of the town these days as the most recent CPI print was again >5% YoY.
At this point, the transitory inflation crowd has to be feeling confused. Bitcoiners on the other hand saw this sustained inflation coming from a mile away.
Smart traders like Paul Tudor Jones are usually ahead of the curve. Back in May 2020, PTJ shared this letter calling Bitcoin “the fastest horse in the race” for the coming inflationary environment.
Since PTJ wrote this, Bitcoin’s price and inflation have accelerated upwards rapidly. Further proof that Bitcoin is indeed the inflation hedge everyone needs to own today.
Giddyap!
Tick tock next block,
Cory Klippsten
Sign up for Swan and protect yourself against inflation today.
Quote of the Day
"Do you know that when Bitcoin went from $17,000 to $3000 that 86% of the people that owned it at $17,000, never sold it? Well, this was huge in my mind. So here’s something with a finite supply and 86% of the owners are religious zealots.” -Paul Tudor Jones, Founder and CIO at Tudor Investment Corporation
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