Wednesday, December 6, 2023
cryptonews100
No Result
View All Result
CryptoNews100
No Result
View All Result
Home The FED

Billionaire Ray Dalio Discusses Future of Money, Insists Some Governments Will Ban Crypto – Featured Bitcoin News

cryptonews100_tggfrn by cryptonews100_tggfrn
February 7, 2022
in The FED
0
Billionaire Ray Dalio Discusses Future of Money, Insists Some Governments Will Ban Crypto – Featured Bitcoin News
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter
Sign up an get up to $1000 USDT!

Related articles

Crypto startup Ava Labs is said to raise $350 million at $5 billion valuation

Crypto startup Ava Labs is said to raise $350 million at $5 billion valuation

April 14, 2022
Bitcoin: Eight Months Later, Right Back Where We Started (Cryptocurrency:BTC-USD)

Bitcoin: Eight Months Later, Right Back Where We Started (Cryptocurrency:BTC-USD)

April 14, 2022


Billionaire Ray Dalio Discusses Future of Money, Insists Some Governments Will Ban Crypto

Billionaire Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has shared his view on cryptocurrency investing and the longer term of cash. He believes that crypto will likely be banned by completely different governments.

Ray Dalio on the Future of Cash and Crypto

Bridgewater Associates founder Ray Dalio mentioned cryptocurrency regulation and the longer term of cash in an interview with David Rubenstein Thursday.

Dalio at the moment serves because the Bridgewater Associates chairman and cochief funding officer. His agency’s purchasers embody endowments, governments, foundations, pensions, and sovereign wealth funds.

He was requested, “How do you foresee crypto impacting the world order?” The Bridgewater chairman replied, “I feel it’s fascinating,” disclosing that he has “a tiny proportion” of his portfolio in crypto.

He defined: “I wished to diversify nevertheless it’s a really weak incident as a result of they’ll observe who is working on it. It may be tracked.” He added:

It’ll be outlawed, in all probability by completely different governments.

As well as, Dalio opined: “In phrases of its measurement, it has points. So I feel an excessive amount of consideration is spent on crypto.”

This was not the primary time that the Bridgewater boss warned about governments outlawing cryptocurrencies. In January, he defined that the federal government outlawed gold and silver prior to now, so they might equally outlaw bitcoin. In September, he mentioned governments could kill bitcoin if it turns into “actually profitable.”

Dalio additional shared with Rubenstein:

I feel that we are actually in an period the place we’re going to have differing types of cash.

“We’re going to query cash as a medium of alternate nevertheless it’s additionally storehold of wealth,” the billionaire famous. “And we’re going to be questioning what are the appropriate storeholds of wealth in worth.”

He concluded: “And, you’ll see around the globe … the digital model of that happen in lots of varieties … [and] You’ll see different varieties of that competitors … within the years forward.”

What do you concentrate on Ray Dalio’s feedback? Tell us within the feedback part under.

Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source methods, community results and the intersection between economics and cryptography.




Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It’s not a direct supply or solicitation of a proposal to purchase or promote, or a suggestion or endorsement of any merchandise, providers, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the creator is accountable, instantly or not directly, for any harm or loss brought on or alleged to be brought on by or in reference to the use of or reliance on any content material, items or providers talked about on this article.

Extra Common News

In Case You Missed It





Source link

Share76Tweet47
Drive and walk to earn crypto!

Related Posts

Crypto startup Ava Labs is said to raise $350 million at $5 billion valuation

Crypto startup Ava Labs is said to raise $350 million at $5 billion valuation

by cryptonews100_tggfrn
April 14, 2022
0

Ava Labs Inc., the lead developer of the Avalanche blockchain, is within the technique of elevating a brand new spherical...

Bitcoin: Eight Months Later, Right Back Where We Started (Cryptocurrency:BTC-USD)

Bitcoin: Eight Months Later, Right Back Where We Started (Cryptocurrency:BTC-USD)

by cryptonews100_tggfrn
April 14, 2022
0

ersinkisacik/iStock through Getty Pictures Essential Thesis / Background The aim of this text is to debate the favored various possibility...

Top Bitcoin Treasuries – List of Companies Holding Bitcoin in 2022

Top Bitcoin Treasuries – List of Companies Holding Bitcoin in 2022

by cryptonews100_tggfrn
April 13, 2022
0

Maybe one of the very best indicators of the mainstreaming of crypto is the looks of bitcoin on the steadiness...

Gold and silver trade higher ahead on the European open

Gold and silver trade higher ahead on the European open

by cryptonews100_tggfrn
April 13, 2022
0

Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our...

Bitcoin and Today’s Wicked Inflation Share a Common Ancestor

Bitcoin and Today’s Wicked Inflation Share a Common Ancestor

by cryptonews100_tggfrn
April 13, 2022
0

In 2010, Hoenig, nearing retirement on the time, was the only real voting member of the Federal Open Market Committee...

Load More

Crypto Fear & Greed Index

Latest Crypto Fear & Greed Index

Recent News

3 Artificial Intelligence (AI) Stocks With More Potential Than Any Cryptocurrency

3 Artificial Intelligence (AI) Stocks With More Potential Than Any Cryptocurrency

December 6, 2023
New crypto can outpace Ethereum and THORChain

New crypto can outpace Ethereum and THORChain

December 6, 2023
Bitcoin is up 170% since the ECB called its ‘last gasp’ at $16.4K

Bitcoin is up 170% since the ECB called its ‘last gasp’ at $16.4K

December 6, 2023

Categories

  • Alt Coins
  • Bitcoin
  • Cardano
  • Chainlink
  • Cryptocurrency
  • Dogecoin
  • Elon Musk
  • Ethereum
  • Exchanges
  • Litecoin
  • Pokadot
  • Polygon
  • Shiba Inu
  • Solana
  • The FED
  • Uncategorized
  • VeChain
  • XRP

Download the official CryptoNews100 Android App! Click the button below:

Tags

ADA (417) Analyst (293) Binance (366) Bitcoin (2051) blockchain (347) BTC (477) Buy (256) Cardano (741) ChainLink (573) coin (267) crypto (2188) Cryptocurrency (908) DOGE (410) Dogecoin (691) DOT (279) Elon (381) ETH (358) Ethereum (1113) Inu (694) investors (254) Link (341) LUNA (248) market (625) MATIC (278) million (263) Musk (274) News (312) Polkadot (449) POLYGON (527) prediction (333) price (1759) rally (253) Ripple (345) SEC (408) SHIB (362) Shiba (764) SOL (278) Solana (549) Surge (236) Terra (297) today (241) token (252) top (471) VeChain (273) XRP (808)

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.

No Result
View All Result
  • Home
  • Bitcoin
  • Ethereum
  • Alt Coins
    • Cardano
    • Dogecoin
    • Litecoin
    • Pokadot
    • Polygon
    • Shiba Inu
    • Solana
    • XRP
    • VeChain
  • Crypto Related DEALS

© 2023 Crypto News100 All Rights Reserved.
By visiting this website, you understand that the content provided within is for educational and entertainment purposes only. Nothing on this site may be constituted as financial advice and this site is not directing you to make any investments in cryptocurrency or in anything else. Thank you for visiting and please proceed responsibly.
As an Amazon Associate I earn from qualifying purchases.