Category: Ray Dalio

Digital yuan will be more competitive than digital dollar, says Bridgewater’s Ray Dalio

Digital yuan will be more competitive than digital dollar, says Bridgewater’s Ray Dalio

Ray Dalio, a billionaire investor and the founder of the world’s largest hedge fund Bridgewater Associates, has said that the digital yuan will be more competitive than the digital dollar. In an interview with CNBC on Monday, Dalio said he thinks the U.S. will issue a digital dollar one day and it may be a […]

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Ray Dalio Buys Bitcoin Despite Saying Governments May Ban Cryptocurrencies

Ray Dalio Buys Bitcoin Despite Saying Governments May Ban Cryptocurrencies

Bridgewater Associates founder Ray Dalio has revealed that he owns bitcoin despite concerns he has long voiced about governments interfering and even outlawing cryptocurrencies. The boss of the world’s largest hedge fund said “bitcoin’s greatest risk is its success.” Ray Dalio Got Bitcoin Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, […]

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Ray Dalio confirms BTC holdings, says ‘Bitcoin’s greatest risk is its success’

Ray Dalio confirms BTC holdings, says ‘Bitcoin’s greatest risk is its success’

Ray Dalio, the billionaire founder of hedge fund Bridgewater, identified himself as a holder of bitcoin in a conversation at Consensus 2021 on Monday morning. Speaking to Coindesk’s Michael Casey, Dalio claimed that we are witnessing a shift away from the dollar as the global reserve currency, a competition in which bitcoin and other digital […]

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Billionaire Hedge Fund Manager Ray Dalio Reveals He Holds Bitcoin

Ray Dalio, billionaire hedge fund manager during his interview at Consensus revealed that he holds Bitcoin on his portfolio. During his conversation, Dalio revealed that he would prefer Bitcoin over bond in an inflationary scenario. He said, “Personally, I’d rather have bitcoin than a bond” and added, “I hold some Bitcoin” Dalio changed his stance […]

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Bridgewater Associates’ Ray Dalio Warns Crypto’s Success Could Bring Tough Regulation

Bridgewater Associates’ Ray Dalio Warns Crypto’s Success Could Bring Tough Regulation

Bridgewater Associates founder Ray Dalio has warned that cryptocurrency’s biggest risk is its own success. He explained that it could attract regulators to come down tough on the crypto industry because “as a storehold of wealth no government wants to have an alternative currency.” Crypto’s Success May Attract Tough Regulation Ray Dalio, the founder of […]

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OFAC Escalates Russian Sanctions Listing Bitcoin Addresses, US Treasury Crypto Crackdown Rumors Spread

Rumors concerning the U.S. Treasury cracking down on several financial institutions over money laundering has been spreading like wildfire on social media and forums. There’s been no formal announcement from the U.S. entity and at this stage, the news is widely considered FUD. However, some are assuming the hearsay stems from the recent Russian sanctions […]

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Billionaire Hedge Fund Manager Ray Dalio Says Government Outlawing Bitcoin Is ‘a Good Probability’

The Bridgewater Associates co-founder and chief investment officer, Ray Dalio, says that there is a good probability that the government will outlaw bitcoin in the same way gold was outlawed in the U.S. in the 1930s. Ray Dalio Thinks Governments Can Outlaw Bitcoin Ray Dalio shared his view on whether the government could outlaw bitcoin […]

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World’s Largest Hedge Fund Founder Says Government Outlawing Bitcoin is a Good Thing

Ray Dalio, the founder of the world’s largest hedge fund Bridgewater Associates believe Bitcoin would have a similar impact as gold in the 1930s. Dalio suggested that just like the 30s when people started investing in gold as the return on bonds and cash diminished due to the war. Bitcoin today is attracting similar investment […]

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Bridgewater’s Ray Dalio Warns Government Could Restrict Bitcoin Investments, Impose ‘Shocking’ Taxes

The founder and chief investment officer of Bridgewater Associates, the world’s largest hedge fund firm, has warned that the government could “impose prohibitions against capital movements” into assets such as bitcoin. He added that regulators may also impose changes in taxes that “could be more shocking than expected.” Ray Dalio Warns About Government Prohibitions and […]

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Will the U.S. Government Allow $40 Billion Stimulus Check Inflow to Bitcoin?

Last week, U.S. President Joe Biden passed the $1.9 trillion COVID-19 relief package while kickstarting the stimulus check bank deposits by the last weekend. As per the CNN report, nearly 90% of American households shall be eligible for the $1400 stimulus checks. There’s some excitement around that some of the retail players will put part […]

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