Ray Dalio's Problem With Bitcoin
The Young Investors Podcast
00:00
Bitcoin - Is It Going to Be an Effective Currency?
Radalio shared his thoughts on big coin via twitter. He basically raised three points as to why he doesn't believe that big coin is going to ever, or is going to be an effective currency at any time in the not too distant future. The number one reason why big coin can't currently be used as an effective currency is just because of its volatility. And if it becomes successful enough to compete and be threatening enough to currencies that governments control then the governments will outlaw it - which would make it very dangerous to use....
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