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Bitcoin: The fastest horse in the Derby

Originally published at: https://dailyfintech.com/2020/05/11/bitcoin-betting-on-the-fastest-horse-in-the-derby/

Billionaire hedge fund manager, Paul Tudor Jones recently announced that he’s betting on Bitcoin to hedge against inflation. Jones has taken a position in Bitcoin through his $40 billion hedge fund, buying Bitcoin futures on CME. Jones is known for trading everything from currencies to commodities, but he is famous for successfully navigating the stock…