Fintech Focus Roundup For May 30, 2021
- Date: 31-May-2021
- Source: Yahoo News
- Sector:Financial Markets
- Country:Middle East
Fintech Focus Roundup For May 30, 2021
Billionaire Ray Dalio Owns Bitcoin, Thinks It's Better Than Bonds
Speaking at Coindesk's conference Consensus, Dalio said that he holds "some Bitcoin."
He has not specified how much of his portfolio is allocated to the cryptocurrency or other digital assets, but he admitted that he prefers Bitcoin to government bonds.
"The more we create savings in it, the more you might say, I'd rather have Bitcoin than the bond. Personally, I'd rather Bitcoin than a bond," he shared.