I wonder if he knows ~86% of btc has been mined already. It will be interesting to see him update his opinion in real time as new known facts of the network are added to his analysis
https://www.cnbc.com/video/2020/01/21/ray-dalio-davos-full-interview-squawk-box.html …
Ray Dalio (@RayDalio) on @CNBC at Davos discusses Bitcoin and Gold at 9:10 -- says BTC is too volatile to be a good store of value right now and central bankers won't hold Bitcoin but will hold gold
Amazing this conversation is even happening
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I still think he bought a stash and is accumulating more before revealing he's bought in
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"Bitcoin is not a good store of value today, but it has all of the features and technology needed to be a good store of value."https://twitter.com/dksf/status/935938036482707456?s=20 …
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Its a very good SoV. Ppl just dont have patience enough.pic.twitter.com/MwRYCWkYLp
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The key, in my opinion, is Ray's use of the word "now"...
Hvala. Twitter će to iskoristiti za poboljšanje vaše vremenske crte. PoništiPoništi
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The Dalio Lama has spoken
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love Ray, but the volatility argument is tautological - volatility dampens with adoption. also wish he'd gotten a chance to make his medium of exchange point as that was the most egregious in my view.
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In late 2017 / early 2018, Peter Thiel revealed he'd been buying BTC since 2014.https://www.youtube.com/watch?v=kpxzLTJHU4c …
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The strange thing is that some governments and central banks are already holding onto bitcoin, whether through seizures, mining, or buying...
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lol central banks gonna be buying bitcoin, it's gonna be interesting how they will fight small holders soon
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