/biz/ - Business & Finance

Ray Dalio's statement on bitcoin from a day ago:

https://www.bridgewater.com/research-and-insights/ray-dalio-what-i-think-of-bitcoin

>As an extension of Bitcoin* being digital are the questions of how private it is and what the government will allow
>*When I use “Bitcoin” please take that to mean Bitcoin and its analogous competitors.
>there is a growing need for assets that can be privately held
>there exists the possibility that Bitcoin and its competitors can fill that growing need
>Bitcoin will unlikely be as private as some people surmise.
>Since the way Bitcoin works is fixed, it won’t be able to evolve and I presume that a better alternative will be invented and pass it by.

And finally, just for (you) >>27132996
>if it’s successful, the government will try to kill it

Please draw your own conclusions.

https://www.bridgewater.com/research-and-insights/ray-dalio-what-i-think-of-bitcoin

>As an extension of Bitcoin1 being digital are the questions of how private it is and what the government will allow and not allow it to be.
>1When I use “Bitcoin” please take that to mean Bitcoin and its analogous competitors.
>there is also a growing need for assets that can be privately held
>there exists the possibility that Bitcoin and its competitors can fill that growing need
>Bitcoin will unlikely be as private as some people surmise.
>Since the way Bitcoin works is fixed, it won’t be able to evolve and I presume that a better alternative will be invented and pass it by.

And finally...
>if it’s successful, the government will try to kill it

Please draw your own conclusions.