The Bridgewater Associates founder said Wednesday that bitcoin has "proven itself" but could face something akin to the 1930s ban on owning gold.
"Bitcoin looks like a long-duration option on a highly unknown future," the Bridgewater Associates founder said.
John Dalby is leaving the hedge fund founded by Ray Dalio to become CFO of NYDIG.
Dec 9, 2020
The founder of the world's largest hedge fund says bitcoin can form part of a diversified portfolio, though he may still prefer gold.
Ray Dalio, the founder of the world's biggest hedge fund, thinks bitcoin is in bubble territory, according to a new interview.