The billionaire and investor Paul Tudor Jones expressed his concerns about the state of the U.S. economy and its immense national debt, which recently crossed the $35 trillion mark. As a protection against this uncertainty, he is now choosing Bitcoin.

At an interview with CNBC stated Tudor Jones: "I guess all roads lead to inflation." Therefore, he sees little value in long-term U.S. government bonds as an investment. Instead, he puts his money on "gold and Bitcoin."

Jones, founder of Tudor Investment Corporation, emphasizes that inflation is often how civilizations have resolved their debts: "Historically, this is the path that every civilization has taken: they inflated their debts away."

He warns, "We will soon be bankrupt if we don't get serious about our spending." The tax cuts and additional spending promised in the election campaigns of Trump and Harris, he said, would only exacerbate the problem.

His hedge fund focused on crypto-trading as early as 2022, and now he is betting primarily on scarce commodities, which he says "incredibly underrated" are. Recently, BlackRock also called Bitcoin a protection against crises.

Jones also sees Bitcoin as a valuable protection in uncertain times, something he has pointed out many times in the past. In 2021, he emphasized Bitcoin's importance as a protection against inflation.

His motivation: "I like the idea of investing in something that is reliable, consistent, honest and one hundred percent secure." Bitcoin caught his interest because it helped him "in certainty" could invest.

Among the super-rich who have added Bitcoin to their portfolio are the Winklevoss twins, Jack Dorsey, Mark Cuban and MicroStrategy CEO Michael Saylor, who personally owns 17,732 BTC.