Share this article

The Great Monetary Inflation: Paul Tudor Jones' Complete Case for Bitcoin

The story behind the soundbite: why one of the world’s most famous investors is betting on bitcoin as a hedge against a new inflation era.

Breakdown 5.11

The story behind the soundbite: Why one of the world’s most famous investors, Paul Tudor Jones II, is betting on bitcoin as a hedge against a new inflation era.

Story continues
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublicaIHeartRadio or RSS.

This episode is sponsored by ErisXThe Stellar Development Foundation and Grayscale Digital Large Cap Investment Fundhttps://grayscale.co/coindesk.

The story behind the soundbite: Why one of the world’s most famous investors is betting on bitcoin as a hedge against a new inflation era.

Last week, investing legend Paul Tudor Jones II rocked the world of crypto and traditional markets with his full-throated entrance into the bitcoin market via his latest letter to Tudor BVI investors.

While the headlines (and the quick price bump on the back of FOMO buying) were great, the story is even more interesting than the soundbite.

See also: Why the Dollar Has Never Been Stronger or More Set Up to Fail

In this episode, NLW breaks down the Paul Tudor Jones' complete case for bitcoin, looking at:

  • The context and previous attitudes towards bitcoin of Paul Tudor Jones and Lorenzo Giorgianni, in their letter to investors
  • The “Great Monetary Inflation” thesis driving a focus on stores of value
  • How money supply growth compared to real economic output growth hasn’t been this out of sync since inflationary periods in the 1970s and 1980s
  • The “Inflation Race” – a list of eight potential inflation hedges
  • The four categories by which a store of value can be judged: purchasing power, trustworthiness, liquidity, portability
  • A ranked look at bitcoin, gold, fiat and financial assets in the context of those four categories

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple PodcastsSpotifyPocketcastsGoogle PodcastsCastboxStitcherRadioPublicaIHeartRadio or RSS.

Note: The views expressed in this column are those of the author and do not necessarily reflect those of CoinDesk, Inc. or its owners and affiliates.

Nathaniel Whittemore

NLW is an independent strategy and communications consultant for leading crypto companies as well as host of The Breakdown – the fastest-growing podcast in crypto. Whittemore has been a VC with Learn Capital, was on the founding team of Change.org, and founded a program design center at his alma mater Northwestern University that helped inspire the largest donation in the school’s history.

Nathaniel Whittemore