β‘οΈπ¬ NEW - Ray Dalio about Bitcoin:
"I have a small percentage of Bitcoin I've had forever, like 1% of my portfolio. I've said the same thing over and over again about Bitcoin. I think the problem of Bitcoin is it's not going to be a reserve currency for major countries because it can be tracked and it could be conceivably with quantum computing controlled, hacked, and so on and so forth."
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Itβs too pseudonymous for governments to feel comfortable with their citizens using it but itβs not anonymous enough for governments to feel comfortable using it. This is the dynamic that tells you everything you need to know about government.
Among the greatest investors in the world there is not a single grain of sand worth of actual bitcoin knowledge. This is your edge.
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Money Manager for Midwits
Skeptics slowly walking back their position. Still need to pretend to be prudent by quoting βproblemsβ to excuse their previous incorrect thesis.
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Wait do US Treasuries have some crazy anti-tracking privacy tech we don't know about?
Oops! You blew it Ray. Just like Donnie on Bubbaβs Donnie.
Tracked? Where the fuck does he keep all his paper? Idiot.
Ray Dalio have his limitations on Bitcoin fundamentals.