Bitcoin is ‘not effective’ to serve purposes of money, says billionaire investor Ray Dalio

Bitcoin is ‘not effective’ to serve purposes of money, says billionaire investor Ray Dalio

Billionaire investor Ray Dalio, who is the founder of the world’s largest hedge fund Bridgewater Associates, is not a fan of bitcoin. Dalio believes bitcoin doesn’t serve purposes of money. “There’s two purposes of money, a medium of exchange and a store hold…

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