Billionaire Hedge Fund Investor Ray Dalio Now Advises Holding a Small Amount of Bitcoin. Here's Why He's Wrong.

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Ray Dalio, the billionaire hedge fund manager, now recommends holding a small allocation to Bitcoin for diversification. The article disputes that advice, arguing Bitcoin’s volatility, lack of intrinsic yield, custody and regulatory risks and speculative nature make it an unreliable store of value. Implication: Dalio’s endorsement may bolster institutional legitimacy and near-term demand, but it does not eliminate Bitcoin’s fundamental risks or settle whether it is a durable hedge or reserve asset.

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https://news.google.com/rss/articles/CBMiogFBVV95cUxPZFZLTzlkdjYwNTNyMFdOUVByeC1EVmJnQ3Q5ZEp0eEhLd0VVWTRjSzJzNmZzSjBjcXBlY0VBcDdNSFdDdXpKbzZ4M0t3d1luVWlhUl9DZ1J0MkNNZmlWZ01VdEhINm5hcXlSS3ZSdkpNajUyS3Y4OE85dDhsd3FmeURQXzVXQmwycEQ0NTlEaUlIaDRDQnUwODFpMUZlMjlqSEE?oc=5

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