ICYMI: Ray Dalio doesn’t think that Bitcoin will be able to surpass gold BTC $BTC Dogecoin $DOGE
described Tesla CEO Elon Musk’s effort to put meme cryptocurrency Dogecoin on the moon as “cute."
He then went on to agree with Fridman’s point about the importance of humor and lightheartedness. , SpaceX, Musk’s aerospace manufacturer, was paid with Dogecoin in May to launch a 40-kilogram cubic satellite called DOGE-1 to the moon next year. The hedge fund boss views Bitcoin as “alternative money,” reiterating that it has obtained the status of having imputed value.
He predicts that there will be competition between different types of currencies because of rampant money printing:Dalio goes as far as saying that non-fungible tokens, which experienced an enormous surge in popularity earlier this year, could emerge as a standalone type of money.
He estimated that the flagship cryptocurrency is worth about 20% of gold , which sounds “about right” to the legendary investor.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Shiba Inu Was the Most Popular Crypto on CoinMarketCap in 2021, Surpassing Bitcoin and DogecoinShiba Inu outperformed Bitcoin and Ethereum to become the most viewed cryptocurrency on CoinMarketCap crypto data aggregator in 2021.
Leer más »
The U.S. government has a massive, secret stockpile of bitcoin — Here's what happens to itThe U.S. government has a massive, secret stockpile of bitcoin — Here's what happens to it.
Leer más »
Bruce Willis' Mom Weighs In on 'Die Hard' Christmas Movie DebateBruce Willis' mom weighs in on the great 'Die Hard' Christmas movie debate.
Leer más »
Which actors are popping with Oscar voters?Awards columnist Glenn Whipp weighs in on early Oscars happenings in his weekly newsletter.
Leer más »
Bitcoin is worse than a Ponzi scheme and can never end, Oxford University scholar saysRobert McCauley, an associate member of the Faculty of History at the University of Oxford has suggested that despite Bitcoin... Continue reading
Leer más »
Inside China’s underground crypto mining operation, where people are risking it all to make bitcoinInside China’s underground crypto mining operation, where people are risking it all to make bitcoin.
Leer más »