Market Cap: $2,494,719,281,100
24h Vol: $92,407,187,646
Cryptocurrencies: 28620
Markets: 116257
Cryptocurrencies: 28620
Markets: 116257
Market Cap: $2,494,719,281,100     
24h Vol: $92,407,187,646
Seeking Alpha 2021-01-28 16:23:02

Ray Dalio preps to buy Bitcoin

Ray Dalio preps to buy Bitcoin
Ray Dalio could hardly be called a no-coiner, but let's just say he's previously been a skeptic of Bitcoin (BTC-USD).That tune appears to be slowly changing, with Dalio (in Bridgewater's latest newsletter) saying he and his team are "intently focusing on alternative storehold of wealth assets," and expect to soon offer an "alt-cash" fund aimed at better dealing with the devaluation of money and credit.Dalio: "Bitcoin won’t escape our scrutiny."Bitcoin today is modestly higher at $31.8K.It seems like years, but it was just two months ago when The Oracle of Westport suggested governments might ban Bitcoin if it got too big.
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