Billionaire Ray Dalio: Crypto Is Now Alternative Currency
Key Notes
- Dalio said that crypto has become a genuine alternative to the dollar.
- He warned that the US faces a “debt-induced heart attack” within three years.
- Dailo recently exited Bridgewater Associates after nearly 50 years.
Billionaire investor Ray Dalio, founder of Bridgewater Associates, says cryptocurrency has become a true alternative currency.
His comments follow growing doubts about the dollar and the United States’ financial system as debt and inflation climb under the Donald Trump administration.
Ray Dalio said that Crypto is now an alternative currency that has its supply limited, so, all things being equal, if the supply of dollar money rises and/or the demand for it falls, that would…
