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24 November 2020

Ray Dalio Still Doesn't Quite Get It When It Comes to BTC | Live Bitcoin News

Ray Dalio Still Doesn't Quite Get It When It Comes to BTC | Live Bitcoin News


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Billionaire investor Ray Dalio explained in a recent tweet he’s likely missing something when it comes to bitcoin, though what he’s missing isn’t clear considering he used the rest of his “social media time” to pass negative thoughts on the coin and explain why it could never be used as a mainstream currency.

Bitcoin has done quite well as a speculative asset, but at the end of the day, it – along with various other cryptocurrencies – was created to serve as a potential payment vehicle, something it hasn’t quite managed to accomplish.

It’s not quite fair to the retailer in question, and this is something that Dalio takes issue with.

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