REPORT: Billionaire Investor Ray Dalio Believes Governments Will Ban Bitcoin Before BTC Reaches Full Potential | The Daily Hodl

By Googler | Blockchain Announcements | 11 Nov 2020

Someone from The Daily Hodl stuff on TDH portal published an interesting article a few minutes ago where they said that *Ray Dalio, the founder of hedge fund firm Bridgewater Associates, says he believes governments will outlaw Bitcoin (BTC) if its success is too great.*

Ray Dalio also said this:

“If [Bitcoin] becomes material, governments won’t allow it. I mean, they’ll outlaw it and they’ll use whatever teeth they have to enforce that. They would say, ‘Okay you can’t transact [with] Bitcoin. You can’t have a Bitcoin.’ So then you have to be almost like, ‘Is it a felony and I’m going to have to be a felon in order to transact?’ They outlawed gold. What’s wrong with gold? Gold was a storehold of wealth.

So if I was to say, ‘Would I prefer Bitcoin to gold?’ No, I wouldn’t prefer Bitcoin to gold. Gold will be the vehicle that central banks and countries will choose as an alternative to the regular cash.”

The content is not too big and it's easy to read, so, if you are interested in this topic, please go >HERE< to read the full article.

There is also an interesting video interview:

Thanks for your priceless attention and have a good life!

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