{"id":453256,"date":"2023-10-31T16:43:22","date_gmt":"2023-10-31T16:43:22","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=453256"},"modified":"2023-10-31T16:43:22","modified_gmt":"2023-10-31T16:43:22","slug":"billionaire-hedge-fund-legend-stanley-druckenmiller-says-i-dont-own-any-bitcoin-but-i-should","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/billionaire-hedge-fund-legend-stanley-druckenmiller-says-i-dont-own-any-bitcoin-but-i-should","title":{"rendered":"Billionaire Hedge Fund Legend Stanley Druckenmiller Says, ”I Don\u2019t Own Any Bitcoin…But I Should\u201d"},"content":{"rendered":"

Veteran US hedge fund investor Stanley Druckenmiller<\/a> believes Bitcoin has established itself as a ”brand” over the past 17 years and said that while he doesn’t own the king of cryptocurrencies, he should. <\/span><\/p>\n

The 70-year-old compared Bitcoin to gold as a store of value and acknowledged its appeal to the younger generation in an Oct. 30 interview<\/a> <\/span>with fellow hedge fund great Paul Tudor Jones.<\/p>\n

“I don’t own any Bitcoin, to be frank, but I should,” he said. “<\/span>I was surprised that Bitcoin got going, but you know, it’s clear that the young people look at it as a store of value because it’s a lot easier to do stuff with. <\/span>Seventeen years, to me, it’s a brand. I like gold because it’s a 5,000-year-old brand. So, I like them both. <\/span><\/p>\n

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Stanley Druckenmiller is one of the most successful hedge fund managers on Wall Street and is worth $6,200,000,000.<\/p>\n

He says, “Young people look at #bitcoin<\/a> as a store of value. It’s a brand. I like it. I dont own any, but I should”pic.twitter.com\/DXjrnvE1Qc<\/a><\/p>\n

— Documenting ₿itcoin 📄 (@DocumentingBTC) October 30, 2023<\/a><\/p><\/blockquote>\n