Ray Dalio: If crypto is successful, regulation will kill it
Ray Dalio, founder of Bridgewater Associates, joins “Squawk Box” to discuss the success of cryptocurrencies and potential for regulation. For access to live and exclusive video from CNBC subscribe to CNBC PRO:
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I have respect for Dalio but he is an old dog in a young dog's world. Crypto currency, meta verse, Defi, and NFTs have made more millionaires in the past year than ANYTHING you could possibly imagine. There is a reason that huge corporations like AMC, Amazon, and Tesla are getting involved with it. Follow the smart money, not the old money. Sorry Dalio but you are becoming increasingly obsolete
This host needs to STFU. Listen and be still. Wait.
Bruh! Just let him speak!
We need small government
If it's sussecull? If you bought Bitcoin 5 years ago you have made a lot of profit. Tell me which another asset has been more sussecull than Bitcoin?
I think Bitcoin is a very successful asset and in my opinion will continue to be. Of course there are down times but in the long term I am very bullish.
India accepted it completely. Russia also, a lot of other countries will do so. Only China didn't accept it. Hasrate got up so high its on a all time high, congressmen accept it. Accept it and earn money on it or don't and be the loser on the long run
His opinion is totally different. Owns more and is convinced it's a good way of earning interest.
His comments didnt age well now that Russia accepts crypto as a currency
This man doesn't even know how blockchain works.
For someone who is as successful as Dalio, he sure knows how to talk in circles and say absolutely nothing.
Bitcoin does not threaten the US DOLLAR Fiat. It is a store of value that cannot inflate, and the US government should buy Bitcoin. The dollar will continue being FIAT.
As Ray Dalio said in this video, he really doesn't understand Bitcoin.
We dont need regulation to allow it. It never allow it but look at it price now. Bitcoin above regulation. Regulation not above crypto
Let’s regulate it and get over with it but I don’t think GOVERNMENT wants to regulate it all they wants FUZ & HIPE to it effected market we all know cuz our politicians are Corrupt make America great 👍
Switch back If the crypto is regulated , it will successful
The authorities (the ones with the guns and badges) will ultimately control 100% of things, 100% of the time. Embrace total dystopia – its unavoidable. It works like this – Communist / Totalitarian sees if you have any crypto or have conducted any commerce in crypto – shoots family members in the head in front of you. Crypto problem solved.
Could be an alternative title: Dalio owns Bitcoin himself.
I’ll never understand why interviewers ask questions, only to interrupt the person while answering them SMH
Nothing has intrinsic value… we choose to value specific properties of things, because we want to. Gold has no intrinsic value, we just choose to value it's properties.