Bridgewater’s Dalio: ‘I’d Love to Be Corrected’ on Bitcoin. Twitter Obliges
Bridgewater Friends founder Ray Dalio asked for and obtained a heaping dose of “radical candor” Tuesday when he mentioned he’d “treasure to be corrected” on the negative views about bitcoin he expressed final week.
In a Twitter thread, the chairman of the field’s biggest hedge fund mentioned, “I is doubtless to be lacking one thing about Bitcoin so I’d treasure to be corrected.”
From arguments of privacy to bitcoin’s exhaust as a hedge against inflation, Dalio’s invitation brought out bitcoin bulls in droves alongside with a smattering of naysayers. Unparalleled for Crypto Twitter, the responses had been largely respectful, informative and, in many cases, fun and worth your time.
Dalio became as soon as clearly responding to the firestorm he created final week when he laid out a case in an interview with Yahoo Finance for why he thinks bitcoin and other cryptocurrencies comprise a restricted feature to play in some unspecified time in the future.
“I on the present time can’t safe my bitcoin and settle issues without misfortune with it,” he mentioned on the time.
As of press time, bitcoin’s label became as soon as $17,587, up from $15,752 on the time of his Nov. 11 pronouncement.