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Ray Dalio Calls Bitcoin 'Interesting' Alternative to Gold
Maybe famed investor Ray Dalio is softening his stance on Bitcoin, if only just a little. In a reddit Ask Me Anything session today, the founder of hedge fund Bridgewater Associates was asked whether Bitcoin was an answer to economic inequality caused by the US monetary system. Sidestepping the question slightly, Dalio focused on what individual investors can do to protect their assets—and, presumably, keep pace with billionaires like Dalio. One way: Buy a little Bitcoin. "I think that bitcoin (and some other digital currencies) have over the last ten years established themselves as interesting gold-like asset ... (full story)