Ray Dalio has reopened one of crypto’s longest-running macro debates, arguing that Bitcoin still has not behaved like the safe-haven asset many investors expected it to become. The Bridgewater Associates founder said gold remains structurally superior as a reserve and crisis asset, drawing immediate pushback from Michael Saylor and several Bitcoin advocates. In a May…
Este artículo también está disponible en español. The United States, with its cycle of growing debt and debt servicing, may face a financial crisis in the next few years. Ray Dalio, the billionaire investor and founder of Bridgewater Associates, boldly claims a looming debt crisis and calls it a “potential heart attack.” In a statement,…
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The value proposition of Bitcoin has long been questioned by its cynics. Unlike traditional assets, the cryptocurrency doesn’t generate cash flow, pay out dividends, produce a fixed yield, or have a maturity date. And unlike recognized forms of money, Bitcoin isn’t backed by the power of a government or some asset, like gold. But, Bitcoin’s…