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Election 2024

Legendary Investor Stan Druckenmiller Turns Bitcoin Bull

Billionaire investor Stan Druckenmiller made pro-bitcoin comments on CNBC, joining other high-profile, ultra high-net-worth investors.

By Nathaniel Whittemore
AccessTimeIconNov 10, 2020 at 8:00 p.m. UTC
Updated Aug 19, 2021 at 5:33 a.m. UTC
Presented By Icon

Election 2024 coverage presented by

Stand with crypto
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The billionaire investor made his pro-bitcoin comments on an appearance on CNBC.

For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

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    • This episode is sponsored by Crypto.com and Nexo.io.

    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.

    See also: Billionaire Hedge Fund Investor Druckenmiller Says He Owns Bitcoin in CNBC Interview

    For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

    Disclosure

    Please note that our privacy policy, terms of use, cookies, and do not sell my personal information have been updated.

    CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one.

    Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.