{
  "$type": "site.standard.document",
  "bskyPostRef": {
    "cid": "bafyreihhx7tzrumody2jgyq3jpy6o3v56dkiqjakjnlatsudbq5yvabshi",
    "uri": "at://did:plc:up75bg3ctgfpxaxya5equosu/app.bsky.feed.post/3mknaevevnw32"
  },
  "coverImage": {
    "$type": "blob",
    "ref": {
      "$link": "bafkreicfbl7fuhedjbxkq76dp4uvwtndvvemahnz7dku6ncay2tqi5isiu"
    },
    "mimeType": "image/webp",
    "size": 60360
  },
  "description": "The point investors seem to be forgetting is that Bitcoin has beaten everything and is poised to do so again.",
  "path": "/research/2026/04/tudor-jones-bitcoin-is-unequivocally-the-best-inflation-hedge/",
  "publishedAt": "2026-04-29T13:47:09.000Z",
  "site": "https://www.bytetree.com",
  "tags": [
    "interview",
    "Subscribe now"
  ],
  "textContent": "## ByteFolio Issue 207;\n\n💡\n\nThis issue covers ****Chiliz**** (CHZ), ****BNB Chain**** (BNB), ****Enjin Coin**** (ENJ), and ****PancakeSwap****(CAKE).\n\nBitcoin’s ByteTrend Score holds a 3. It still feels better than it looks.\n\n### Bitcoin\n\nSource: Bloomberg\n\nSince the peak in precious metals three months ago, Bitcoin is up 45% in silver, 10% in gold, and down 10% against big tech.\n\n### Silver, Gold, Magnificent 7, and Nasdaq in Bitcoin\n\nSource: Bloomberg\n\nGoing back to the big print of 2020, Bitcoin is 3.5x Nasdaq and gold, and 2.5x silver. Bitcoin has even beaten the Magnificent 7, which is impressive given that Bitcoin is coming out of a slump while they are riding high. The point investors seem to be forgetting is that Bitcoin has beaten everything and is poised to do so again.\n\n### Silver, Gold, Magnificent 7, and Nasdaq in Bitcoin since the 2020-Print\n\nSource: Bloomberg\n\nIn an excellent interview with the trader, Paul Tudor Jones, he discussed holding bitcoin for the 2020 inflation trade. He said, “ _Bitcoin is, unequivocally, the best inflation hedge_ ”, due to the limited supply. Gold, he said, increases the supply by 1% or 2% per year. He made another point on highlighting risks around quantum and so on. Still, it was a loud and clear message that, in his opinion, Bitcoin is the inflation hedge par excellence.\n\nLooking at the global money supply, which took off in 2020, we can get a sense of Bitcoin’s sensitivity to it. It is a choppy path, but not unlike the Bitcoin price itself. Its position relative to global M2 is improving just as M2 itself is rising.\n\n### Bitcoin and the Global Money Supply\n\nSource: Bloomberg\n\nIt feels bullish to me.\n\n### This post is for subscribers only\n\nBecome a member to get access to all content\n\nSubscribe now",
  "title": "Tudor Jones: “Bitcoin is, unequivocally, the best inflation hedge”",
  "updatedAt": "2026-04-29T13:47:09.676Z"
}