Bridgewater founder: Bitcoin may be part of a stable supply alternative currency for the future

ChainCatcher news, according to Bloomberg, Bridgewater founder Ray Dalio has warned the Trump administration that committing to reduce the deficit now is crucial, or there will be a significant risk of a major debt crisis within three years. When discussing the potential devaluation risks of currency, Dalio stated that investors should consider "what are the alternative currencies with stable supply? Bitcoin could be part of that, possibly a large part of it."

The reason Dalio favors Bitcoin as a safe haven is that it is not subject to restrictions like real estate and cannot be easily seized or taxed.