Bitcoin Will Not Crash: Jeff Park Rejects Paul Tudor Jones’ 1999 Comparison

Jeff Park, chief investment officer at ProCap BTC and an advisor to Bitwise, pushed back against Paul Tudor Jones’ latest warning that markets “feel exactly like 1999,” arguing that the macro regime of 2025 is structurally different from the dot-com era and, crucially, more supportive of Bitcoin. Park’s commentary followed Jones’ interview on CNBC, where the billionaire trader said the setup resembles the late-cycle blow-off that preceded the tech crash, even as he continued to praise Bitcoin as an asset with high appeal. Bitcoin Will Thrive, Not Crash In a X post, Park called comparisons to 1999 “lazy,” contending that the drivers of asset prices today are dominated by fiscal and monetary dynamics that bear little resemblance to the surplus-era, pre-QE backdrop of the late 1990s. “In 1999, markets were driven by private sector exuberance at a time with minimal fiscal drag—the US govt was actually running a budget surplus,” he wrote source: https://www.newsbtc.com/bitcoin-news/bitcoin-not-crash-jeff-park-paul-tudor-jones-1999/