5 Biggest Bitcoin Predictions in 2021

3. Paul Tudor Jones, CIO Tudor Investment Corp

Prediction: Sovereign Governments Will Eventually Use Own Version of Crypto    

Paul Tudor Jones is the chief investment officer of Tudor Investment Corp, the Boston-based hedge fund that manages over $20 billion in assets. In a media interview late last year, Jones explained his position on Bitcoin, saying that the cryptocurrency was a crazy rocket ship that looked set to soar higher in the coming weeks and months. 

Jones told Yahoo Finance that he expected the price of Bitcoin to be significantly higher two decades from now. Despite the highs that the currency had touched over 2020, Jones said he believed that the price of Bitcoin was still wrong considering the possibilities it offered, comparing it to the dotcom boom in the late 1990s. 

In an investor letter dated May 2020, Jones called Bitcoin the faster horse among cryptocurrencies and a solid bet against inflation. He was also bullish on the overall digitization of money as banks and governments took steps in that direction. Jones predicted that sovereign governments would eventually use their own versions of crypto.