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Is Ray Dalio missing a trick on Bitcoin? Can Twitter change his mind?
"I might be missing something about Bitcoin so I’d love to be corrected." That’s billionaire hedge-fund investor and noted cryptocurrency sceptic Ray Dalio, responding on Twitter to critics who took him to task on 17 November for his aversion to digital currencies. Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, has long been a sceptic of bitcoin and other cryptocurrencies. In September 2017, he said a sharp runup in the value of bitcoin met Bridgewater’s criteria for a “bubble.” That was as bitcoin was on its way to a peak just below $20,000 in December of that year, ... (full story)