416: BRIDGEWATER BILLIONAIRE RAY DALIO RECOMMENDS BITCOIN, SAYS IT HAS PLACE IN INVESTORS’ PORTFOLIOS!!

Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News

English - December 09, 2020 16:05 - 21 minutes - 10.5 MB - ★★★★ - 537 ratings
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Previous Episode: 415: MACRO GURU PREDICTS BITCOIN RISE TO $300K IN 18 MONTHS, SAYS BTC RALLY IS REAL AND MASSIVE!!

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Bitcoin can offer protection against the “depreciating value of money,” newly bullish BTC investor Ray Dalio says.

In a Reddit “Ask Me Anything” session on Dec. 8, Dalio, who last month abandoned his skepticism of Bitcoin, said that the cryptocurrency could complement gold as an investment.

“I think that Bitcoin (and some other digital currencies) have over the last ten years established themselves as interesting gold-like asset alternatives, with similarities and differences to gold and other limited-supply, mobile (unlike real estate) storeholds of wealth,” he wrote.

“So it could serve as a diversifier to gold and other such storehold of wealth assets.”

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