Ray Dalio Says Bitcoin Has Stood the Test of Time – But Crypto May Face Future Headwinds

Ray Dalio Says Bitcoin Has Stood the Test of Time – But Crypto May Face Future Headwinds


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.

 

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“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

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