Ray Dalio is saying that Bitcoin (BTC) has stood the test of time, but believes that the overall crypto market still faces challenges ahead.
In a new interview with CNBC’s Andrew Ross Sorkin, the Bridgewater Associates hedge fund founder explains why the benchmark crypto is a viable alternative currency.
“It has a limited supply, and as long as it’s accepted for payments and has a limited supply, if the demand grows more than the supply grows, it goes up and it serves that purpose.
It’s done a heck of a job of programming, stood the test of time, meaning it hasn’t been hacked, and so on. So it’s a viable alternative. I think most of the people would say, is it a store hold of