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Diversification is key as world faces currency debasement threat - Ray Dalio
Investors should be well-diversified, including holding some bitcoin, as the world faces a global currency debasement threat, according billionaire investor Ray Dalio, founder of Bridgewater Associates. Dalio participated in a discussion during the Texas A&M Bitcoin Conference Friday, where he highlighted points both for and against the dominant digital currency. Dailo pointed out that 2% of bitcoin holders own 90% of all bitcoin. He also said that there are 21 million coins that can be mined. The market is currently at 18 million and a total of 4 million are presumed to have been lost. tweet Dalio also used ... (full story)
