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Ray Dalio Reiterates Bitcoin Doubts, Community Jumps in Offering Corrections

2 mins
Updated by Kyle Baird
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In Brief

  • Ray Dalio has restated his lack of belief in Bitcoin as a long-term reserve asset or currency.
  • He believes volatility, difficulties in transacting, and risk of government antipathy make it unviable in the long term.
  • Writing on his Twitter account, Dalio left a small window of opportunity to be convinced otherwise, stating that he would 'love to be corrected.'
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David Hundeyin
David is a journalist, writer and broadcaster whose work has appeared on CNN, The Africa Report, The New Yorker Magazine and The Washington Post. His work as a satirist on 'The Other News,' Nigeria's answer to The Daily Show has featured in the New Yorker Magazine and in the Netflix documentary 'Larry Charles' Dangerous World of Comedy.' In 2018, he was nominated by the US State Department for the 2019 Edward Murrow program for journalists under the International Visitors Leadership...
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