Ralio Dalio Praises Bitcoin For 12 Years Of History, But Issues Warning

By Bitcoinist - pred 1 rokom - Čas čítania: 2 minúty

Ralio Dalio Praises Bitcoin For 12 Years Of History, But Issues Warning

V nedávnom rozhovor, Bridgewater founder Ray Dalio shared his views on the current Federal Reserve (FED) decision to raise interest rates by 25 basis points (bps) and the performance of Bitcoin (BTC) over the past few years. 

Speaking to CNBC, Dalio stated that what the crypto industry and Bitcoin have done over the past 12 years has been “amazing.” However, the hedge fund manager believes Bitcoin has “no relationship to anything.” For Dalio, Bitcoin is a “tiny” thing that gets “disproportionate attention.”

Cena Bitcoin moves on its own, while the value of Bitcoin is less than a third of the importance of Microsoft stock, Dalio said. For the Bridgewater hedge fund founder, there are more exciting assets in terms of value and storage of wealth.

There are a lot of other industries that are more interesting to Dalio than Bitcoin and the cryptocurrency market, like biotech and the stock market. Cryptocurrency’s not an effective medium of exchange for him, and he speculates that it won’t be sufficient money in the future.

V komentári k nedávnym rozhodnutiam FED-u a sprísneniu menovej politiky, ktorú vykonáva na kontrolu inflácie, Dalio hovorí, že „vo svete, v ktorom žijeme, sú peniaze, ako vieme, ohrozené“.

Daliov pohľad na budúci obchod s bohatstvom

For Dalio, the importance of a store of wealth is the key to future macroeconomic recessions. He suggests that every economic crisis is a cycle, but “Bitcoin is not the solution.” In addition, Dalio claims that stablecoins are not the solution to future problems, as he suggests that they will turn back into fiat currency. He warns:

(...) Myslím, že to, čo by ste naozaj chceli, by bolo najlepšie, je minca spojená s infláciou. Inými slovami, niečo, kde by ste v podstate povedali dobre, toto mi dá kúpnu silu, pretože každý jednotlivec chce, čo chce? Chcú si zabezpečiť kúpnu silu, ak chcete ušetriť. 

In that sense, Dalio assures that industries will see the development of new currencies never seen before, which will be attractive for investment and storing wealth. He emphasized that Bitcoin will remain “unfit” for this task in the future. 

Bitcoin Reacts To The FED Announcement

After the beginning of 2023, Bitcoin’s bullish trend, and the recent favorable economic measures by the Federal Reserve, the market has adopted a new sentiment. 

Po dlhých mesiacoch konsolidácie a bočnej cenovej akcie sa zdá, že sentiment a makroekonomické podmienky sa obracajú v prospech býkov, s možnosťou určiť trend na zvyšok roka 2023.

Bitcoin has grown almost 41% in the last 30 days and aims to reach new yearly highs this month. The flagship cryptocurrency is trading at $23,500 at press time, and it’s down 1.1% in the last 24 hours, reaching as high as $24,300 after the FED raised interest rates.

Titulný obrázok z Unsplash, graf z Tradingview

Originálny zdroj: Bitcoinje