Ray Dalio: Bitcoin is “gold-like” but governments won’t let it win

Billionaire hedge fund manager Ray Dalio has sought to clarify his views on the world’s most famous digital asset with the publication of a short essay titled “What I Really Think of ”.

Dalio’s views on Bitcoin (BTC) — which he said should be read directly to avoid media misinterpretation — are both hopeful and cautious. Firstly, Dalio recognized the technical accomplishments of Bitcoin and praised its ability to last for over a decade already: