What I Think of Bitcoin

This letter from Day Dalio, founder of the hedge fund, Bridgewater Associates, aims to clarify his thinking on Bitcoin.

“I am writing this to clarify what I think of Bitcoin. Please pay attention to what I am saying here and not what those in the media are saying I said because this is reliable. I am finding that those who want to promote Bitcoin (which is most people) are characterizing it one way while those who are against it (which are a few scared souls cowering in a corner) are characterizing it another way. As with most things I comment on, the reality has pros and cons and I am trying to be as accurate as possible to communicate what I understand these to be.”

 

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