Paul Tudor Jones: "Bitcoin capitalization does not match its capabilities"

Famous investor and hedge-manager Tudor BVI Polid Tudor Jones counts, that the capitalization of bitcoin does not correspond to its capabilities, and the course of the first cryptocurrency will continue to grow.

Paul Tudor Jones (Pol tudor Jones) stressed, that in no way considers himself cryptocurrency expert, However, he expects a significant increase in the Bitcoin course during 20 years old:

“In the world, where the capitalization of the stock market reaches $90 trillion, And God knows how many trillions of fiat money, Bitcoin has incorrect capitalization. Even compared to gold, in which this indicator reaches $8 or $9 trillion. I think, that now Bitcoin has the wrong price regarding opportunities, which he provides. I will assume, that from the current values ​​of Bitcoin will grow ".

The investor told, that the current cryptocurrency market reminds him of the state of Internet companies in 1999 year. Then no one knew, What opportunities will appear in the near future, And how much will the shares of such companies grow.

Jones also expects, that in the coming years, most states will have their own national version of the digital currency. Such assets can even lead to the disappearance of fiat money, However, now it is very difficult to predict the future of such currencies.

In May of this year, Paul Tudor Jones told, that his hedge Fund Tudor BVI buys bitcoins for hedging inflation risks.