Bridgewater Fund founder: Bitcoin may be part of the future stable supply of alternative currencies

Ray Dalio, the founder of Bridgewater Associates, issued a warning to the Trump administration, stating that if they do not commit to reducing the deficit now, they will face a major debt crisis risk within three years. When discussing the risk of currency devaluation, Dalio said that investors should consider "what is the stable alternative currency supply? Bitcoin may be a part of it, maybe a large part of it." Dalio likes Bitcoin as a safe haven because it is different from real estate, it is not restricted, and it is not easily seized or taxed.