Bridgewater Fund founder: Bitcoin may be part of a stable supply of alternative currencies in the future
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Golden Finance reported that Bridgewater Fund founder Ray Dalio warned the Trump administration, saying he had promised to reduce the deficit now or he would face the risk of a major debt crisis within three years. Speaking about the risk of depreciation of currencies, Dalio said investors should think about “What is a stable alternative currency? Bitcoin may be part of it, maybe a large part of it.”
Dalio likes Bitcoin as a safe haven because it is unlike real estate, it is not restricted and is not easily seized or taxed.