Bridgewater founder Dalio says it makes sense to allocate 2% of portfolio to bitcoin

Time:2022-01-08 Source: 845 views Trending Copy share - Bridgewater founder Dalio told the media on Wednesday that it would be reasonable to allocate 1% to 2% of a 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 mentioned that Bitcoin is seen by its proponents as "digital gold" and a hedge against inflation, which he himself believes can be compared to gold because by design, the supply of Bitcoin is limited.

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