• Follow McAfee NFT’s on Twitter
  • John McAfee NFT Documentary
  • McAfee Files
    • In The News
    • John Mcafee Arrested
    • John McAfee’s death
  • Crypto News
  • OpenSea
  • Trade Crypto
  • Crypto Exchange
  • Follow McAfee NFT’s on Twitter
  • John McAfee NFT Documentary
  • McAfee Files
    • In The News
    • John Mcafee Arrested
    • John McAfee’s death
  • Crypto News
  • OpenSea
  • Trade Crypto
  • Crypto Exchange
HomeBitcoin’s biggest threat is its success, says Dali ...
Previous Next

Bitcoin’s biggest threat is its success, says Dalio

Posted by: WhoIsMcAfee , July 28, 2021

Ray Dalio has admitted that he owns Bitcoin and the cryptocurrency’s greatest threat is its success.

Ray Dalio, billionaire and founding father of Bridgewater Associates LP, has revealed that he holds Bitcoin. He mentioned this on the 2021 Consensus convention. The interview was carried out earlier this month and was printed yesterday by Coindesk.

The billionaire investor has had doubts in regards to the main cryptocurrency prior to now however maintains that he’s an investor in Bitcoin. Nevertheless, Dalio believes Bitcoin’s greatest threat is its personal success. If the cryptocurrency succeeds, Dalio is afraid the federal government will attempt to management it and have the facility to take action.

“The extra we create financial savings in BTC, the extra you would possibly say, ‘I’d fairly have bitcoin than the bond.’ Personally, I’d fairly have bitcoin than a bond. After which the extra that occurs, then it goes into bitcoin, and it doesn’t go into credit score, then (governments) lose management of that,” Dalio mentioned.

The Bridgewater Associates founder has made this level recognized a number of occasions prior to now. In January, Dalio mentioned that if Bitcoin turns into profitable, the federal government might attempt to kill it. He said that the federal government won’t just like the success Bitcoin and different cryptocurrencies are having fun with now.

Dalio reiterated this level in March, the place he warned of the potential for the US authorities banning Bitcoin. He cited that the US authorities did the identical factor to Gold within the Thirties. If Bitcoin turns into extra of a aggressive risk to Treasury Bonds, the federal government might look to ban it.

Nevertheless, a number of specialists have maintained that it’s nearly inconceivable to ban Bitcoin. The specialists imagine that it wouldn’t be technologically doable to ban Bitcoin resulting from how the cryptocurrency operates.

Dalio concluded that “The world goes to alter at an extremely quick tempo. Whoever wins the know-how race wins all of it, economically and militarily. That’s what the following 5 years appears to be like like.”

Source link

Tags: Bitcoins, Dalio, greatest, risk, success

Share!
Tweet

WhoIsMcAfee

About the author

Comments are closed.

Popular
Recent
Comments
Tags
  • John McAfee METAVERSE 2 “F#ck McAfee” ...

    November 14, 2021

    PHANTOM PARASITE

    September 17, 2021

    IMPACT MEDIA releases Official John McAfee Documen ...

    July 30, 2021

    NO DOMAIN Chapter 2 – The Official John McAf ...

    July 19, 2021

    NO DOMAIN – The Official John McAfee Biograp ...

    July 18, 2021

    John McAfee’s Family Issues Statement To Spa ...

    July 15, 2021

    Note found in John Mcafee’s pocket

    July 13, 2021

    The John McAfee Documentary in NFT’s

    July 11, 2021

    John McAfee’s Voice Message After Neighbour’ ...

    July 11, 2021

    Janice Dyson McAfee was able to see John McAfee ...

    July 10, 2021

    An important message from John McAfee

    July 9, 2021

    Janice Dyson further fuels a possible conspiracy i ...

    July 7, 2021

    John McAfee I Did It My Way! NFT now avail

    July 6, 2021

    ‘A tortured soul’ – John McAfee& ...

    July 3, 2021

    John McAfee & Janice Dyson Were Not Married

    June 30, 2021

    Autopsy confirms John McAfee committed suicide in ...

    June 29, 2021

    John McAfee previously attempted suicide on Februa ...

    June 27, 2021

    John McAfee left a suicide note in his pocket

    June 26, 2021

    John McAfee’s ex-wife says he was NOT suicidal

    June 25, 2021

    John McAfee’s last hours in prison before su ...

    June 24, 2021

    VIDEO: John McAfee addressing Spanish court hours ...

    June 24, 2021

    John Mcafee found dead in Spanish prison cell

    June 23, 2021

    John McAfee Pump & Dump Fraud Indictment

    March 7, 2021

    John McAfee Arrested in Spain on US Criminal Charg ...

    October 6, 2020

    U.S. Securities and Exchange Commission (SEC) sues ...

    October 6, 2020

    ‘Love, sex, action, jail. Antivirus pioneer ...

    July 5, 2013

    The Prime Minister’s Directive

    February 4, 2013

    Channel 4

    February 20, 2013

    Dean Barrow & Belize Telemedia

    December 1, 2012
  • Sango crypto hub goes live in the Central African ...

    July 4, 2022

    6 Questions for Alyssa Tsai of Panony – Cointelegr ...

    July 3, 2022

    Hodler’s Digest, June 26-July 2

    July 3, 2022
  • I remember I first installed McAfee on my Windows ...

    September 29, 2016

    Americans are ignorant pathetic sheep - that's why ...

    August 6, 2016

    No one speaks out because Americans need a leader ...

    August 6, 2016
  • #IamJohnMcAfee $WHACKD 039metaverse039

Archives


         Copyright Who is Mcafee © 2021
  • Bitcoin Calculator
  • Contact
  • Donate!
  • Exchange Crypto Instantly
  • Frequently asked questions
  • Logout
  • Lost Password