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Ray Dalio: ‘I don’t understand why people are more inclined to go to bitcoin than gold’

Ray Dalio, billionaire and founder of Bridgewater Associates, holds a “little bit” of bitcoin BTCUSD, but “doesn’t understand why people are more inclined to go to bitcoin than gold,” he said in a new podcast interview with YouTuber Chris Williamson. MarketWatch has reported in the past that Dalio holds bitcoin.

“Cryptocurrency or bitcoin doesn’t move in a reliable way related to almost anything,” said Dalio in the episode uploaded on Tuesday. “It, you know, moves up and down because of this move and that move….and unlike…

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