Share this article
Bridgewater’s Dalio: ‘I’d Love to Be Corrected’ on Bitcoin. Twitter Obliges
Bridgewater Associates founder Ray Dalio asked for and received a heaping dose of “radical candor” Tuesday.
Updated Sep 14, 2021, 10:32 a.m. Published Nov 17, 2020, 11:21 p.m.
Bridgewater Associates founder Ray Dalio asked for and received a heaping dose of “radical candor” Tuesday when he said he’d “love to be corrected” on the negative views about bitcoin he expressed last week.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
In a Twitter thread, the chairman of the world’s largest hedge fund said, “I might be missing something about bitcoin so I’d love to be corrected.”
From arguments of privacy to bitcoin’s use as a hedge against inflation, Dalio’s invitation brought out bitcoin bulls in droves along with a smattering of naysayers. Unusual for Crypto Twitter, the responses were largely respectful, informative and, in many cases, amusing and worth your time.
Read more: Bridgewater’s Dalio Sees Governments Banning Bitcoin Should It Become ‘Material’
Dalio was clearly responding to the firestorm he created last week when he laid out a case in an interview with Yahoo Finance for why he thinks bitcoin and other cryptocurrencies have a limited role to play in the future.
“I today can’t take my bitcoin and buy things easily with it,” he said at the time.
As of press time, bitcoin’s price was $17,587, up from $15,752 at the time of his Nov. 11 pronouncement.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Boring Bitcoin's Green Light Moment Incoming?
BTC continues to bore traders with its directionless price action. But some indicators are pointing to renewed bullishness.
알아야 할 것:
- The Federal Reserve's recent rate cut did not significantly impact bitcoin's price, which remains directionless.
- Bitcoin's MACD histogram signals potential bullish momentum, while the dollar index's points bearish.
- The ETF flows continue to disappoint.
Top Stories
