researched information Ray Dalio, founder of Bridgewater Associates, the world's No. 1 hedge fund, directly mentioned in a recent interview that 'Bitcoin is considered to be
hedge fund, mentioned outright in a recent interview that 'Bitcoin is considered a
substitute for gold' .
"I see bitcoin as a substitute for gold," Ray Dalio said in a recent interview / Source -
twitter.com/BitcoinMagazine
Ray Dalio in a recent podcast interview
' Bitcoin has proven its worth .'
' I think we are entering an era of monetary competition because of the
printing of money. And Bitcoin is part of that race.
Ray Dalio said that the printing of fiat money is creating a race for money and "Bitcoin is
part of that race."
Still in December 2020, Ray Dalio was pessimistic about Bitcoin. "Bitcoin is too
volatile to be suitable as a store of wealth," he criticized.
Then, in January 2021, he said he was deeply impressed by the
cryptocurrency and blockchain technology, and said, " Bitcoin can be an investment method to replace gold," he said.
investment method that will replace gold, so investors should have some
cryptocurrency " .
Then, on May 24, 2021, Ray Dalio, who participated as a keynote speaker at.
'Consensus 2021' organized by Coin Desk US, said 'I have Bitcoin.'
[ British Treasury bonds plummeted more than Bitcoin | Narrative Treasuries
of BTC | virtual asset cryptocurrency bitcoin]
" To prepare for inflation, I personally want to hold Bitcoin instead of
bonds." he also added.
However, Ray Dalio said that there is concern that governments might
crack down on Bitcoin holders out of fear that Bitcoin could become a major currency, but at the same
become a major currency, but at the same time he referred to the cryptocurrency as "digital gold".
as "digital gold".
Bitcoin, like gold, is an alternative asset that hedges the fiat money system.
He went on to say that " the biggest risk of Bitcoin is the success itself (of Bitcoin)" .
In 2022, in addition to Ray Dalio's positive comments, Bridgewater announced its
first cryptocurrency fund backing plan, showing a shift in investment strategy toward digital assets.
investment strategy towards digital assets.
Later, Ray Dalio resigned as a director of Bridgewater in October 2022.
I see it as a gold alternative. #BTC
Gradually he has made positive comments about Bitcoin since 2021, but did not actively express
actively his thoughts, perhaps because he was aware of its influence. It seems that he
Gradually he has made positive comments about Bitcoin since 2021, but did not actively express
actively his thoughts, perhaps because he was aware of its influence. He seems to have expressed his thoughts on bitcoin more clearly in this interview.
Ray Dalio takes his opinions seriously. Looking back at the predictions he has made over the past few years, including 'cash is junk', 'geopolitical risk' and 'stagflation crisis', you can see
years, including 'cash is junk', 'geopolitical risk' and 'stagflation crisis', you can see that he was right.
he was right.
Ray Dalio was the founder and CEO of one of the world's leading hedge funds, and is also a master
hedge funds in the world and is also a master of asset allocation investing.
We also disseminated to the public the asset allocation portfolio called the "all-weather portfolio".
all-weather portfolio. Ever cautious and euphemistic, let's find out what he recently said
About Bitcoin.
[This is the Twitter link to Ray Dalio's recent interview with Dongyang
Award. ]
https://twitter.com/JUTOPIA_BTC
Twitter is primarily used to retweet market conditions or narratives
related to Bitcoin . :)
used translator
https://www.deepl.com/translator#en/es/used%20translator%20%0A