The billionaire Ray Dalio discusses the future of money and insists that some governments will ban crypto - featured

The billionaire Ray Dalio, the founder of the world's largest hedge fund Bridgewater Associates, shared his view of cryptocurrency investments and the future of money. He believes that crypto is prohibited by various governments.

Ray Dalio about the future of money and crypto

Ray Dalio, founder of Bridgewater Associates, spoke on Thursday in an interview with David Rubenstein about the regulation of cryptocurrencies and the future of money.

dalio is currently Chairman and Cochief Investment Officer from Bridgewater Associates. His company's customers include foundations, governments, foundations, pensions and sovereign funds.

He was asked: "How do you predict that crypto influences the world order?" The chairman of Bridgewater replied: "I find it interesting", and announced that he would hold "a tiny percentage" of his portfolio in Krypto.

he explained: "I wanted to diversify, but it is a very susceptible incident because they can persecute who operated on it. It can be persecuted." He added:

It will be banned, probably by various governments.

In addition, Dalio said: "With regard to its size, it has problems. So I think that crypto is paid too much attention."

This was not the first time that the Bridgewater boss warned of governments Üstung cryptocurrencies. In January he explained that the government had banned gold and silver in the past, so they could act similarly Bitcoin . In September he said governments could kill bitcoin if it becomes "really successful".

dalio continued Rubenstein:

I think we are now in an era in which we will have different types of money.

"We will question money as a medium, but it is also a place of storage for wealth," noted the billionaire. "And we will ask ourselves what the right value preservatives are for wealth."

he concluded: "And you will see all over the world ... The digital version of it takes place in many forms ... [and] You will see other forms of this competition ... in the coming years."

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Kevin Helms

As a student of Austrian economics, Kevin Bitcoin discovered in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the interface between economy and cryptography.

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