RATE Group | Here’s Why Wall Street Veteran Thinks Bitcoin Isn’t a Viable Money, Yet
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Here’s Why Wall Street Veteran Thinks Bitcoin Isn’t a Viable Money, Yet

21 Jan Here’s Why Wall Street Veteran Thinks Bitcoin Isn’t a Viable Money, Yet

Posted at 20:50h in Bitcoin News by

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2019 was marked by some of the world’s most powerful people talking about Bitcoin in public settings.

President Donald Trump said in a surprise Twitter thread that cryptocurrencies, from BTC to Libra, are no something he is a fan of, citing their potential to be used in crime. Tesla’s Elon Musk said in a podcast that he thinks Bitcoin’s structure is “brilliant” and other digital assets may have some merit.

It seems that this trend of large investors and entrepreneurs talking cryptocurrency has continued to the new year. This time, it’s Ray Dalio, co-founder of Bridgewater Associates, the world’s largest hedge fund.

Related Reading: This Late Night Host Just Exposed Millions to Bitcoin, Again

BTC Not a Good Investment? Hedge Fund Manager Weighs In

At the World Economic Forum in Davos, Ray Dalio sat down with CNBC to talk markets, specifically regarding monetary policy and how it relates to gold.

While the conversation was centered around gold, Dalio touched on Bitcoin….

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