Bridgewater founder Dalio said in an interview with the media that it is reasonable to allocate 1% to 2% of the funds in the portfolio to bitcoin. Previously, he admitted to owning a little bit of Bitcoin.
Dalio acknowledged that bitcoin has its pros and cons, but worries that governments could outlaw cryptocurrencies.
He also talked about Bitcoin being seen by its proponents as "digital gold" and a hedge against inflation, and he himself believes that Bitcoin can be compared to gold because by design, Bitcoin's supply is limited.
As of this time, Bitcoin is trading at $42,108.
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