Ray Dalio, the American Billionaire, and Manager of the World’s Largest Hegde Fund Bridgewater Associates believe regulators would try to “kill” Bitcoin if it becomes very successful. Dalio who has turned into a Bitcoin proponent after bashing it for years, recently revealed he holds Bitcoin himself and called it a better alternative to Gold. Dalio’s comments come at a time when the US regulatory environment is pretty heated up. He said,
“I think at the end of the day if it’s successful, they will kill it and they will try to kill it. And I think they will kill it because they have ways of killing it,”
The US Securities and Exchange Commission (SEC) chief Gary Gensler has continued to show ignorance towards the need for better clarity around regulations and has reiterated his earlier stance that the decentralized ecosystem needs a regulatory overwatch. The SEC commissioner has faced a lot of criticism from the crypto community and the general public alike.
Dalio Says Bitc
Źródło: https://coingape.com/breaking-worlds-largest-hedge-fund-manager-says-regulators-would-kill-bitcoin/
