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Hedge fund manager Ray Dalio says he’s still bullish on Bitcoin but has a greater penchant for gold.Speaking to CNBC on August 4, the billionaire investor admitted to owning a “very small amount” of Bitcoin but said that he would choose gold if he had to make the choice between
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Though he has had 11 business failures, today Ray Youssef is building Bitcoin-funded schools across Africa as executive director of the Built With Bitcoin Foundation and is helping millions of people buy and sell cryptocurrency as CEO of Paxful. However, Youssef also admits to looting hardware stores on behalf of
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A reading of Dalio’s first long-form essay on his thoughts about bitcoin and cryptocurrencies.Today’s “Long Reads Sunday” is a reading of Ray Dalio’s recent LinkedIn post, “What I Really Think of Bitcoin.” In his interpretation, NLW argues the post shows Dalio and Bridgewater are at the beginning of a deep
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Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has offered a more positive stance on bitcoin than in comments that made headlines last month.In a Reddit Ask Me Anything (AMA) on Tuesday, Dalio said he thought bitcoin and other cryptocurrencies had “established themselves” over the last
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“I’m coining this term right here, right now,” Ray Youssef declares. “Financial Apartheid.”The CEO and co-founder of Paxful is on a mission. “It’s what has held Africa back more than anything else.”“How advanced would the United States be if you couldn’t send money from New York to Florida? From New
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Ray Dalio claimed “cash is trash” in late January just before markets tanked 30%. Now, with stocks back near all-time highs, he’s calling for a “lost decade” in stocks. While he may be right over the next few months, a lost decade seems unlikely. 2020 has been a humbling year for professional money
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In a recent TED interview, Bridgewater Associates co-chairman and co-CIO, Ray Dalio, labeled cash as a risky place to park wealth, although he failed to mention Bitcoin (BTC) as an alternative. "Do not think that cash is a safe investment," Dalio told TED interviewer Corey Hijam in an April 9
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Ray Dalio sees little to worry about regarding the coronavirus outbreak. The hedge funder expects markets to rebound despite concerns over slowing growth. The virus will shave about one percentage point from China’s economic growth rate. Even as the death toll from the fast-spreading coronavirus illness exceeds 1,000 people in China and the
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Ray Dalio suggests the current economic climate will lead to a ‘new world order’ similar to post WWII.The next recession will cause national leaders to come together to solve a new world crisis.Dalio is an outspoken crypto skeptic but could he be a secret Bitcoin hodler?Billionaire hedge fund guru Ray
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