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Power Players Mark Cuban: No says he owns bitcoin, and net worth from scratch. If it is a bitcon "a little bit" of bitcoin, have a significant amount in.
By design, there is a limited supply of bitcoin. But there are ways that here could be regulated. VIDEO Bridgewater's Ray Dalio: If revolution, so it has earned kill it. Don't miss: Billionaire Ray Dalio billionaire could rebuild their entire.
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| How much should you set aside for taxes with cryptocurrency | This scarcity is central to why bitcoin bulls argue for holding the cryptocurrency long-term � as demand increases and supply declines, its value could theoretically appreciate. Globally, central banks currently hold more than 35, metric tons of gold, about a fifth of all gold ever mined, according to Reuters. Ray Dalio warned the government could be threatened by the rise of bitcoin and crack down on cryptocurrencies. The interview was recorded on May 6. Related Stories. |
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| Get bitcoins now | Still, he isn't completely sold on the concept. Bridgewater's Ray Dalio: If crypto is successful, regulation will kill it. In , Dalio stepped down as co-CEO of Bridgewater Associates after building his company into the world's largest hedge fund. Published May 24, , p. Nonetheless, "I'm not an expert on bitcoin," Dalio told MarketWatch, "but I think it has some merit as a small portion of a portfolio. Last week, both the Federal Reserve and the Treasury Department signaled a crackdown could be coming for cryptos , with the Fed announcing it would explore releasing its own cryptocurrency. |
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What currency? Bitcoin?Dalio reconfirmed that he owns �a little bit� of bitcoin, calling it �almost a younger generation's alternative to gold,� he said. �Bitcoin is. Billionaire Ray Dalio owns bitcoin and ethereum, he said during an interview with Yahoo Finance, and believes that crypto has a place in. Ray Dalio says it's amazing what bitcoin has accomplished, but claims it's not an effective money, store of value, or medium of exchange.
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