(http://https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Ff143bdf4-807a-4162-bab1-72214ea70ca6.jpg)
Ray Dalio said regulators will shut down bitcoin if the cryptocurrency becomes too successful and dismissed predictions by Ark Invest’s Cathie Wood that its price would increase tenfold within five years.
Dalio’s comments come after Gary Gensler, chair of the US Securities and Exchange Commission, called on Congress for more regulatory powers to deal with the “Wild West” of cryptocurrencies.
Taken from: https://www.ft.com/content/fc50c983-3e81-4cc6-814f-6c1e4eaf0093
What can you say with this comment from sir Ray Dalio...would it really be a big possibility that once maybe Bitcoin has been widely accepted, traded and held we can see regulators coming its way with the intention of "killing" it or is this man just another "doom and gloom" guy who can be bitter he never got into Bitcoin when it was still so cheap?