Ray Dalio: Bitcoin is “gold-like” but governments won’t let it win

Ray Dalio: Bitcoin is “gold-like” but governments won’t let it win

The hedge fund manager had lots of good things to say about Bitcoin, but he doesn't think governments will allow serious competitors to their money issuance. Billionaire hedge fund manager Ray Dalio has sought to clarify his views on the world’s most famous digital asset with the publication of a short essay titled “What I Really Think of Bitcoin”.Dalio’s views on Bitcoin (BTC) — which he said should be read directly to avoid media misinterpretation — are both hopeful and cautious. Firstly, Dalio recognized the technical accomplishments of Bitcoin and praised its ability to last for over a....


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