Billionaire investor Stanley Druckenmiller blasted the Fed, touted bitcoin over ethereum, and issued a dire warning about the dollar in a recent. News Summary: Renowned billionaire hedge fund manager Stanley Druckenmiller says he could see cryptocurrency “having a big role in a. stan druckenmiller Latest Breaking News, Pictures, Videos, and Special Reports from The Bitcoin drops amid Weibo crypto suspensions, Goldman CIO survey. MELBOURNE CUP TIPS SPORTSBETTING

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Stanley Druckenmiller says he'd be 'stunned' if recession doesn't happen in 2023

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Druckenmiller said that he expects the U. A weak U. And if what the investor says is to be believed as true, Bitcoin should outperform once the U. As the BTC Times reported previously , Tudor Jones said in that recent interview that he thinks investing in Bitcoin now is like investing in Apple or Google early on in their lifespans.

The investor also said that he thinks Bitcoin is the best inflation trade, which is the same comment Druckenmiller basically stated. Another one of those titans is Druckenmiller. What makes this news so notable is that it eliminates the career risk of entering the Bitcoin space, whether that's as an investor or as a "builder. That has removed every obstacle for any hedge fund or endowment to invest…" 0.

Druckenmiller helped pioneer an investment strategy that today is referred to as macro trading. They married two different strands of investing. On one hand, the two fund managers placed large bets on global currencies and commodities by watching charts and focusing on political trends. But they also engaged in old-fashioned stock picking, researching companies through fundamental security analysis.

Below are a few highlights from comments Druckenmiller made about crypto during this interview. John, I also have high frequency signals, and there certainly seems to be a strong correlation between crypto and the Nasdaq.

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