A reading of Dalio’s first long-form essay on his thoughts about bitcoin and cryptocurrencies.
“Bitcoin looks like a long-duration option on a highly unknown future that I could put an amount of money in that I wouldn’t mind losing about 80% of,” Dalio said. Bridgewater Associates Founder Ray Dalio speaks during TechCrunch Disrupt San Francisco 2019.(Kimberly White/Getty Images ) Jan 28, 2021 at 4:04 p.m. UTCUpdated Jan 28, 2021 […]
Nov 14, 2020 at 2:00 p.m. UTC (Kimberly White/Getty Images for TechCrunch) Dalio Says Governments Will Kill Bitcoin. Is He Right? In an otherwise extremely bullish week, famed investor Ray Dalio reiterated his skepticism of bitcoin and digital assets. For more episodes and free early access before our regular 3 p.m. Eastern time releases, subscribe with Apple […]
Nov 11, 2020 at 4:20 p.m. UTC Bridgewater’s Dalio Sees Governments Banning Bitcoin Should It Become ‘Material’ Ray Dalio, the founder and co-Chairman of Bridgewater Associates, the world’s largest hedge fund, said he sees three main problems with bitcoin and other cryptocurrencies that will limit their future, including that governments will “outlaw” them should they […]