Ray Dalio: Bitcoin is Not a Good Competitor Against Gold – CryptoPotato

They can be controlled, they can be shut down, they can be made illegal which tends to tap in during times when they may be threats to the alternative currency.

“I think that the environment that we’re in is an environment in which there is a risk of political confiscation or any other forms of confiscation.

The billionaire investor pointed out that due to the changing global economic environment, it would be wise for investors to diversify their investment portfolios.

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