Billionaire Ray Dalio is “impressed” on how Bitcoin has survived the past decade


The billionaire Ray Dalio (Ray Dalio) gave another positive view, saying that he was impressed with cryptocurrencies and classified cash as the “worst investment”.

in a interview With Yahoo! Finance, on December 17, the founder of Bridgewater Associates stated that he believes that cryptocurrencies have not been hacked in the past ten years, which is “impressive”.

“I think it’s impressive that the plan has remained the same for the past 10 to 11 years. It has not been hacked and has a high rate of adoption,” Dalio said.

He also mentioned that he owns some Bitcoin (Bitcoin) And ether (Ethereum), but when asked how much he owns, Dario replied that he doesn’t hold much: “I attach great importance to diversification. This is only a small part of the portfolio.”

As early as 2020, Ray Dalio’s criticism of cryptocurrency’s volatility and lack of buyer protection aroused the alarm of many holders.he Mention Bitcoin “is not a very good wealth reserve.” However, in early 2021, the billionaire made a 180 Bitcoin, Calling this asset “a hellish invention.”

in a prose Dalio clarified in an article published in January 2021 that both proponents and opponents of cryptocurrency see the same thing from different angles. He said he understands the pros and cons of Bitcoin.

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The billionaire fund manager went on to point out that he believes that cryptocurrency “is an alternative currency in an environment where the value of cash is actually depreciated.” He added that he still believes that “cash is rubbish”, as in his previous interview. As said.

“Cash, most investors consider the safest investment, I think, is the worst investment.”

Compared with his previous statement, the billionaire’s answer showed more positivity The U.S. may ban Bitcoin And he will Choose gold instead of Bitcoin As early as August, the community called it FUD.

On March 25, Dalio stated that under certain circumstances, Bitcoin may be banned like gold. He cited the gold ban in the 1930s as an example and said that this could also happen to Bitcoin. Dario said that at that time, the government did not want gold to compete with fiat currencies because things could be “out of control.”