Investing.com – Bridgewater Associates hedge fund manager Ray Dalio revealed yesterday that he has invested in the.
“I have a little bit of,” Ray Dalio told CoinDesk’s Michael Casey, in an interview broadcast Monday at the popular multi-day crypto conference hosted by the specialist site.
He even went further by asserting that he is currently more comfortable with Bitcoin than with bonds:
“Personally, I’d rather have bitcoin than a bond,” Dalio said.
He explained that governments will be grappling with how to maintain control over their currencies and the flow of money and credit as cryptocurrencies compete as alternatives across borders.
He therefore recommended building a diversified crypto portfolio.
“Why does it have to be one or the other?” He said of competing alternative currencies.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.