The billionaire investor made his pro-bitcoin comments on an appearance on CNBC.
Today on the Brief:
- Was Monday’s stock rally overdone?
- Lebanon to launch digital currency
- 3 reasons BTC has rallied 60%+ in two months
Our main discussion: Stan Druckenmiller, Bitcoin Bull.
A few months ago, Stan Druckenmiller told CNBC that he could imagine inflation of 5%–10%. Yesterday, he returned to the network to discuss why bitcoin had captured his attention as a potential hedge.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.