Bitcoin

Ray Dalio Doesn’t Perceive Bitcoin

Ray Dalio, co-chief funding officer of Bridgewater Associates, one of many world’s largest hedge funds, owns some Bitcoin, however in an interview with CNBC on Wednesday he demonstrated that he nonetheless doesn’t perceive or imagine in it as a superior retailer of worth to gold.

Dalio believes that governments can kill the globally distributed Bitcoin Community, however he has not commented on how that may very well be potential.

“I believe on the finish of the day if it’s actually profitable, they are going to kill it and they’ll attempt to kill it. And I believe they are going to kill it as a result of they’ve methods of killing it,” Dalio informed Andrew Sorkin on CNBC’s “Squawk Field” on the SALT convention in New York.

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