Bridgewater Associates is taking a closer look at Bitcoin and other cryptocurrency assets, according to its founder Ray Dalio a well known Wall St veteran investor who is a famous economist and founder of the world’s largest hedge fund. “I am writing this to clarify what I think of Bitcoin,” Dalio wrote in the column… Read More
Tag: Ray Dalio
Billionaire Hedge Fund Manager Says He “Might Be Missing Something About Bitcoin”
In a Twitter thread American billionaire hedge fund manager and philanthropist, Ray Dalio concluded that Bitcoin (BTC) is not an adequate medium of exchange nor a store of value due to its volatility. He also stated that governments could outlaw crypto assets if they became a threat to fiat currencies. Though, he also acknowledged he… Read More
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