Billionaire investor Ray Dalio reaffirmed his cautious view on Bitcoin, saying he’s held only about 1% of his portfolio in BTC for years due to what he sees as structural hurdles limiting its viability.
Ray Dalio says he prefers bitcoin and gold over bonds amid rising global debt levels, signaling growing institutional endorsement of bitcoin as a safe haven asset.
Ray Dalio owns some Bitcoin, but in an interview with CNBC on Wednesday he demonstrated that he still doesn’t understand it or believe it to be a superior store of value to gold.
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