Billionaire Ray Dalio 'impressed' how Bitcoin survived the last decade
Hedge fund manager and former Bitcoin critic Ray Dalio is ending the year with a positive stance on cryptocurrencies. Billionaire Ray Dalio gave another positive sentiment, saying he is impressed with crypto while classifying cash as “the worst investment.” In an interview with Yahoo! Finance, on December 17, the Bridgewater Associates founder stated that he thinks it’s “impressive” that crypto lasted without being hacked in the last decade. “I think it's impressive that for the last 10-11 years, that programming has held up. It hasn't been hacked, and it has an adoption rate,” said Dalio.....
Related News
Newly minted Bitcoin supporter Ray Dalio agrees that Bitcoin should make up a small percentage of investors’ portfolios in 2022. Hedge fund manager Ray Dalio remains bullish on Bitcoin (BTC) in 2022, listing three primary reasons why Bitcoin is “impressive.” In a recent interview with The Investors Podcast, he talked up gold and BTC as an inflation hedge.When prompted by interviewer William Green about what a sensible allocation for a layperson would be, Dalio said that he agrees with fellow billionaire Bill Miller’s suggestion that 1%–2% is the right allocation. He explained that the....
Billionaire investor and Bridgewater Associates founder Ray Dalio have reiterated his position on Bitcoin. For a while, Dalio was a BTC skeptic but eventually warmed up to the cryptocurrency due to its characteristics and the current inflationary macro-economic outlook. In an interview with CNBC’s Squawk Box, Dalio talked about portfolio diversification and warned investors about […]
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, says it’s not possible for the price of bitcoin to reach a very high number, such as $1 million. He explained: “Logically … there’s a limitation on its price in relationship to other things like it.”
Ray Dalio on Where the Price of Bitcoin Is Heading
Bridgewater Associates founder Ray Dalio shared his view on how high he thinks the price of bitcoin could reach in an interview with Lex Fridman, published Saturday. Dalio currently serves as....
The World Economic Forum (WEF) meeting in Davos, Switzerland, which began on May 22 and closes on May 26, has dominated the news this week. Ray Dalio, the founder of Bridgewater Associates, spoke at the event about the current state of the economy, the Federal Reserve, cash, and cryptocurrencies. Ray Dalio Speaks About Cryptocurrencies Dalio […]
Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his view on cryptocurrency investing and the future of money. He believes that crypto will be banned by different governments. Ray Dalio on the Future of Money and Crypto Bridgewater Associates founder Ray Dalio discussed cryptocurrency regulation and the future of money in an interview with David Rubenstein Thursday. Dalio currently serves as the Bridgewater Associates chairman and cochief investment officer. His firm’s clients include endowments, governments,....