Bridgewater Fund Dario: Bitcoin has succeeded! It's a golden replacement for young people

Ray Dalio, founder of Bridgewater, the world's largest investor, said in an interview with 'Marketwauch', a foreign newspaper on the 15th, that he believes blockchain technology is going to change and that Bitcoin has performed well. However. also become a hot change in the minds of younger generations.

Economy concerns and diversification are the solution

One thing Dario has learned from his career as an investor is that a lot of things he thought couldn't have happened before. For example, in August 1971 the United States set the gold standard for advertising money, and a similar situation occurred in March 1933.

Di Rio said he is currently studying three important world events.

* Zero interest rates create a lot of debt, and the average bank puts in a lot of money to help get into debt.

* Left-wing opposition, the gap between rich and poor, the Democratic and Republican parties, has led to the biggest conflict in the United States since 1900. work)

* The rise of China affected the world order established by the United States after WWII

Dario pointed out that this has led to the weakening of major economies, the notion of poor economic conditions, rising inflation and other issues affecting the environment. So he asked people to understand the value of money. The best investment is cash, but does not include the benefits of inflation.

Dario believes that the current loose gold flows cannot be broken because countries do not dare to tighten monetary policy (which could lead to a fall in equipment and a slowdown in the economy). strike), a national bank can continue to deposit, causing assets to fall and stocks to fall.

Bitcoin is the golden option for the younger generation

Dario said the mid-sized bank can provide as much money as it needs, but people's standard of living will not increase as a result. Therefore, he pointed out that investors are divided into four different categories: profit differences, different asset allocation, differences between countries and different markets. cryptocurrency.

For this Daruto: the gold is chased much. Of course, there are calls, and Bitcoin completes the successful process, and since the lane cannot be hacked after the lane never changed. I believe. Area blocked chains will take the revolution and get a reliable.

Dario himself is not an expert in Bitcoin technology, but as part of his investment he believes Bitcoin is an exchange for gold, just like gold itself is fiat currency. In the worst case, investors should start by protecting their assets. Insure a wide range of assets. It (Bitcoin) is like the gold exchange for the young world, it doesn't cost anything, but it is reasonably priced.

However, as previously reported by the financial services industry, Dario has announced that he has a small amount of bitcoin on hand, but if he has to choose between gold and bitcoin, he will also choose the temperature of gold. . He believes Bitcoin is still just a way to expand capital, and if it improves for any reason, it will have a significant impact on the government.