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Wed, Nov 18, 2020 11:52 AM by be[in]crypto

Ray Dalio Reiterates Bitcoin Doubts, Community Jumps in Offering Corrections

Legendary investor Ray Dalio has restated the reasons behind his much-publicized antipathy toward Bitcoin. Writing on his Twitter account on Nov 17, Dalio identified extreme volatility, insufficient utility as a medium of exchange, and risk of opposition by governments as factors that will hold back Bitcoin from long-term success. It will be recalled that in […] The post Ray Dalio Reiterates Bitcoin Doubts, Community Jumps in Offering Corrections appeared first on BeInCrypto.

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