Ray Dalio, the founder and co-Chairman of Bridgewater Associates, the world’s largest hedge fund, mentioned he sees three fundamental issues with b
Ray Dalio, the founder and co-Chairman of Bridgewater Associates, the world’s largest hedge fund, mentioned he sees three fundamental issues with bitcoin and different cryptocurrencies that can restrict their future, together with that governments will “outlaw” them ought to they begin to turn out to be “materials.”
In an interview with Yahoo Finance, Dalio mentioned he expects extra digitized variations of government-issued currencies sooner or later than bitcoin and different cryptocurrencies for 3 causes:
“I don’t assume digital currencies will achieve the best way folks hope they’d,” Dalio mentioned.
“Would I favor bitcoin to gold? No,” Dalio mentioned.