Finance

RAY DALIO: Bitcoin is a speculative bubble

Posted on

Business Insider CEO Henry Blodget sat down with Ray Dalio, the chairman and co-CIO of Bridgewater Associates and author of the newly released book “Principles: Life and Work.”

Blodget asks Dalio about Jamie Dimon’s recent comments referring to bitcoin as a fraud. Dalio says bitcoin is not an effective medium of exchange, calls the currency a speculative bubble, and says even the privacy aspect will be stress tested.

Related Items:
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Most Popular

64.9K
Automotive

Comment Of The Day: Truth In Bragging Edition
19.4K
Finance

The world’s most popular migrant routes, in maps
Finance

Amazon poached 30 executives from Microsoft in the past 3 years — 6 times as many executives as the next lead poacher, Google (AMZN)
18.2K
Tech

1920+: Alternate history WWI shooter with friggin’ amazing concept art
17.1K
Tech

The Secret Life of Pets trailer: What do a bunny, snake and bulldog have in common?
Sports

Sin City: Knights make awful bet with ‘tout’ site, get roasted, then end partnership quicker than a Vegas marriage
15.9K
Tech

iPhone 6c specs, price and design revealed in huge new leak
15.4K
Tech

Galaxy S7 edge concept design has us craving the real thing
To Top