Ray Dalio prefers “Bitcoins than bonds”, Wyoming is Crypto-Friendly

After expressing uncertainty about the cryptocurrency in November, Ray Dalio, an American billionaire investor and hedge fund manager, confessed to owning “some” Bitcoin during a recent discussion at the Consensus conference 2021.

He emphasized that cryptocurrency could act as the most reliable store of value in an inflationary climate.

Dalio stated that he would prefer to have “Bitcoins than bonds” as he repeated the argument some institutional investors have made lately in the cryptocurrency’s favor, i.e., Bitcoin could supplant gold as a superior fence against rampant inflation that may occur in the West in the coming years.

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