Ray Dalio Confirms Bitcoin Is On Bridgewater’s Investment Radar

[Rakin343]

Is billionaire investor Ray Dalio finally going to invest in Bitcoin after spending so long slating it? If his latest newsletter is anything to go by, it could be a possibility.

In a note published today, “What I think of Bitcoin,” Dalio, who runs the world’s biggest hedge fund, Bridgewater Associates, said the cryptocurrency is “one hell of an invention.” He also said that the fact that investors are still interested in the currency, 10 years after it was conceived, is “an amazing accomplishment.”

Dalio added: "... I and my colleagues at Bridgewater are intently focusing on alternative storehold of wealth assets, and Bitcoin won't escape our scrutiny. more info