Billionaire hedge fund manager Paul Tudor-Jones, who previously praised Bitcoin as an inflationary hedge, now believes that the cryptocurrency has lost some of its appeal due to the challenging regulatory environment in the US and the slowdown in inflation. Jones stated that Bitcoin has a "real problem" due to the regulatory apparatus against it in the US. Despite this, he still has a minor allocation in Bitcoin. Jones believes that Bitcoin's appeal mainly comes from the fact that its supply cannot be manipulated by a single individual or company.
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